Brent continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 39.83 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices push from the area between the signal lines, which indicates pressure from the buyers of Black Gold. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of 37.95 dollars per barrel. Further, the continued growth of the oil rate in the region above the level…
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 fall and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3500. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have gone far down 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 grow and test the resistance level near the area…
GOLD continue to move as part of a downward correction and an upward channel. At the time of the publication of the forecast, the price of GOLD is 1720 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 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 1695. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level…
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 17.78 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 16.75. 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 growth and the bullish channel. Moving averages indicate a short-term bullish trend for the pair. Prices have gone far up from 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 0.6445. At the moment, we should expect an attempt to fall and test the support level near the area of 0.6375. Further, within…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the start of development 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 0.9554. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices push away from the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9605. Then, a rebound and…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall 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 69.16. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, which indicates pressure from sellers of American currency. As part of the forecast for the Dollar on June 5, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 69.95 Rubles per US Dollar.…
BTC/USD are trading at 9783 and continue to move as part of the growth and bullish channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $180 485 473 338. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices are testing the areas between the lines, 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 cryptocurrency rate forecast for tomorrow, June 5, 2020, we should expect an attempt to develop a correction in the value…
ETH/USD are trading at 241.91 and continue to move as part of the growth and upward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $27 139 365 425. 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 and the potential continuation of growth. At the moment, we should expect an attempt to reduce the value of the coin and test the support level near the area of 225.05. Where again we should expect a…
LTC/USD are trading at 47.17 and continue to move as part of the growth and formation of the «Triangle» model. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 095 858 047. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices have gone far up from the area between the signal lines, which indicates pressure from buyers of the asset. At the moment, we should expect an attempt to drop the value of the digital asset and a test of the support level near the area of 45.35. Where again we…