Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the downward model «Wolfe Wave». At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3617. Moving averages indicate a short-term bullish trend for the pair. Prices have gone up from the area between the signal lines, which indicates pressure from buyers and continued growth in prices in the near future. At the moment, we should expect an attempt to develop a bullish correction and a test of the…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
GOLD continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of GOLD is 1809 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from asset buyers and potentially continued growth. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1795. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1875.…
Silver continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Silver is 19.15 Dollars. Moving averages indicate a bullish trend. Prices pushed from the area between the signal lines, indicating pressure from buyers of the asset and the potential continuation of the growth in the value of the asset. At the moment, we should expect an attempt to develop a correction in the value of the metal and a test of the support level near the 18.55 area. Where can we expect a rebound and continued…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the rising channel. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from buyers of the currency pair and the potential continuation of growth in the near future. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6529. At the moment, we should expect an attempt to grow and test the resistance level…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the beginning of the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9387. Moving averages indicate a short-term bearish trend for the pair. Prices have gone down from the area between the signal lines, which indicates pressure from sellers and the potential continuation of the fall. At the moment, we should expect an attempt to depreciate the US Dollar against the Swiss Franc and test…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the «Wedge» reversal model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 70.52. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of the American currency and the potential continuation of growth. As part of the forecast for the Dollar on July 15, 2020, we should expect an attempt to develop a bullish correction and test the…
BTC/USD are trading at 9241 and continue to move as part of the correction and the development of the «Triangle» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $170 418 841 373. Moving averages indicate the presence of a short-term sideways trend for Bitcoin. Prices have pierced the area between the uplines, which indicates pressure from the buyers of Digital Gold and the potential continuation of the rise in the value of the asset. As part of the forecast for the cryptocurrency rate for July 15, 2020, we should expect an attempt to continue…
ETH/USD are trading at 239.36 and continue to move as part of the bullish correction and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $26 826 167 292. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices broke through the area between the signal lines up, which indicates pressure from buyers and the potential continuation of the rise. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 245.05. Where again…
LTC/USD are trading at 43.35 and continue to move as part of the fall and the downward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 841 287 124. Moving averages indicate the presence of a short-term sideways trend in Litecoin. Prices pierced the area between the signal lines up, which indicates pressure from the buyers of the asset and the potential continued growth. At the moment, we should expect an attempt to continue the development of the correction of the value of the digital asset and a test of the resistance level near…
XRP/USD are trading at 0.1962 and continue to move as part of the upward correction and the formation of the «Triangle» model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 801 520 791. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices are testing the area between the signal lines, which indicates pressure from the buyers of the asset and the potential continuation of growth. At the moment, we should expect an attempt to continue the development of the bullish correction of the digital asset and a…