Brent continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 24.27 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices are testing the area between the signal lines, which indicates pressure from the sellers of Black Gold. At the moment, we should expect an attempt to develop a fall and test the support level near the area of 19.05 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of…
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.
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the inverted «Head and Shoulders» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3916. 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 and the potential continuation of the growth of the US Dollar against the Canadian Dollar from current levels. At the moment, we should expect an…
GOLD continue to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the price of GOLD is 1703 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1700. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1795. XAU/USD Forecast and…
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 15.19 Dollars. Moving averages indicate a bullish trend. Prices are testing the area between the signal lines, which indicates pressure from the side of the asset buyers and the potential continuation of the rise already from current levels. 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 area of 15.05. Where can we expect a rebound…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the upward channel. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential drop already from current levels. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6102. At the moment, we should expect an attempt to grow and test the resistance level near…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth and upward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9716. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices start from the area between the signal lines. At the moment, we should expect an attempt to depreciate the Dollar against the Franc and test the support area near the level of 0.9685. Then, a rebound and continued appreciation of the US Dollar against the Swiss Franc with…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 73.38. Moving averages indicate a short-term bearish trend. Prices pierced the area between the signal lines down, which indicates pressure from sellers of the American currency and continued depreciation. As part of the forecast for the Dollar on April 30, 2020, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area…
BTC/USD are trading at 8321 and continue to move as part of strong growth and an upward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $153 725 435 080. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices have pierced the area between the lines up, which indicates pressure from the buyers of Digital Gold. As part of the cryptocurrency rate forecast for April 30, 2020, we should expect an attempt to correct the value of the digital asset and test the support level near the area of 7675. Where…
ETH/USD are trading at 207.16 and continue to move as part of the growth and bullish channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $23 396 523 517. Moving averages indicate the presence of a short-term bullish 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 support level near the area of 185.05. Where again we should expect a rebound and the continuation of the rise in the…
LTC/USD are trading at 46.48 and continue to move as part of the growth and upward channel. Litecoin’s cryptocurrency capitalization at the time of the publication of the forecast is $3 084 430 114. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices push from 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 digital asset and a test of the support level near the 43.45 area. Where again we should expect a rebound and continued growth of the…