Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.4116. Moving averages indicate a short-term bullish trend for the pair. Prices pushed from the area between the signal lines, which indicates pressure from buyers and the continued rise in prices in the near future. At the moment, we should expect an attempt to fall and test the support level near the area of 1.4035. Further,…
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 correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the price of GOLD is 1717 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices push from the area between the signal lines, which indicates pressure from the buyers of the asset. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1705. Where can we expect a rebound and continued growth in the price of GOLD with a target above…
Silver continue to move as part of the growth and the development of the «Triangle» model. At the time of the publication of the forecast, the price of Silver is 15.51 Dollars. Moving averages indicate a bullish trend. Prices are testing the area between the signal lines, 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 a downward correction of the metal value and a test of the support level near the area of 15.25. Where can…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in the framework of the fall and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices pierced the area between the signal lines down, which indicates pressure from the sellers 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 0.5961. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6035.…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and formation of the «Triangle» model. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9740. Moving averages indicate a short-term bullish trend for the pair. Prices broke through the area between the signal lines up, which will indicate pressure from buyers. At the moment, we should expect an attempt to depreciate the Dollar against the Franc and test the support area near the level of 0.9680. Then, a rebound and continued appreciation of the…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 74.41. 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 May 15, 2020, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area of 74.35 Rubles…
BTC/USD are trading at 9553 and continue to move as part of the growth and formation of the «Double Top» reversal pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $176 675 683 779. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices pushed from the area between the lines up, indicating pressure from the buyers of Digital Gold. As part of the cryptocurrency rate forecast for tomorrow, May 15, 2020, one should expect an attempt to continue to grow in the value of the digital asset and test the resistance…
ETH/USD are trading at 199.99 and continue to move as part of the fall and the downward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $22 326 607 939. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices pierced the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to correct the value of the coin and test the resistance level near the area of 200.55. Where again we should expect a rebound and the continuation of the Ethereum rate…
LTC/USD are trading at 43.30 and continue to move as part of the correction and the downward channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $2 818 642 390. Moving averages indicate the presence of a short-term bearish trend for Litecoin. Prices are testing the area between the signal lines, which indicates pressure from 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 44.85. Where again we should expect a rebound and a continued fall…
XRP/USD are trading at 0.1999 and continue to move as part of the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 902 617 127. 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 0.2045. Further, the continuation of the fall of cryptocurrency to the area below the…