Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the «Wedge» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3605. Moving averages indicate a short-term bearish trend for the pair. Prices are pushing from the area between the signal lines, which indicates pressure from sellers and a continued fall in prices in the near future. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance…
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 1780 Dollars per Troy Oz. The bulls were again able to update the local maximum. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from asset buyers. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1760. Where can we expect a rebound and continued growth in the price of Gold with a…
Silver continue to move as part of strong growth and the start of development of the «Triangle» model. At the time of the publication of the forecast, the price of Silver is 18.14 Dollars. Moving averages indicate a bullish trend. Prices pierced the area between the signal lines up, which indicates pressure from the 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 the correction of the metal value and a test of the support level near the area of 17.85, which…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the bullish channel. Moving averages indicate the presence of 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. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6441. At the moment, we should expect an attempt to fall and test the support level near the area of 0.6385. Further, within…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the downward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9468. Moving averages indicate a short-term bearish trend for the pair. Prices pushed from the area between the signal lines down, indicating pressure from the sellers and the potential continuation of the fall. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9505. Then, a rebound and…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 71.12. Moving averages indicate a short-term bearish trend. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the American currency. As part of the forecast for the Dollar on July 1, 2020, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area of 72.05 Rubles…
BTC/USD are trading at 9135 and continue to move as part of the correction. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $ 168 805 846 491. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are testing the area between the lines, which indicates pressure from the sellers of Digital Gold and the potential continuation of the fall in the value of the asset. As part of the cryptocurrency rate forecast for tomorrow, July 1, 2020, we should expect an attempt to develop a correction in the value of the…
ETH/USD are trading at 223.79 and continue to move as part of the fall and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $25 238 029 222. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices are testing the area between the signal lines down, which indicates pressure from sellers and the potential continuation of the fall. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 225.05. Where again we…
LTC/USD are trading at 40.70 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 $ 2 675 739 992. Moving averages indicate the presence of a short-term bearish trend for Litecoin. Prices push off from the area between the signal lines, which indicates pressure from asset sellers. At the moment, we should expect an attempt to increase the value of the digital asset and test the resistance level near the area of 41.65. Where again we should expect a rebound and a continued…
XRP/USD are trading at 0.1729 and continue to move as part of the fall and the downward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $7 794 107 821. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are testing the area between the signal lines, indicating pressure from asset sellers. At the moment, we should expect an attempt to correct the digital asset and test the resistance level near the area of 0.1805. Further, the continuation of the fall of cryptocurrency to the area below the level of 0.1505.…