Brent continue to move in the framework of strong growth and a downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 24.26 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 22.65 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 1.4169. Moving averages indicate the presence of a short-term bullish trend for the pair. At the moment, we should expect an attempt to fall and test the support level near the 1.4005 area. Further, the rebound and continued growth of the currency pair on Forex. The potential target of this movement of the instrument is the area above the…
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 1713 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 1685. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1835. XAU/USD Forecast and GOLD…
Silver continue to move as part of the fall and the bearish channel. At the time of the publication of the forecast, the price of Silver is 15.06 Dollars. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the asset and the potential continuation of the fall already from current levels. At the moment, we should expect an attempt to develop the growth in the value of the metal and test the resistance level near the area of 15.10. Where can we expect a rebound and the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the formation of the «Head and Shoulders» reversal pattern. Moving averages indicate 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 0.5944. At the moment, we should expect an attempt to grow and test the resistance level near the area…
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 0.9728. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are testing 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 0.9625. Then, a rebound and continued appreciation of the US Dollar against the…
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 75.99. Moving averages indicate a short-term bullish 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 April 23, 2020, we should expect an attempt to develop a downward correction and test the support level near the area of 75.35 Rubles per US…
BTC/USD are trading at 7110 and continue to move as part of strong growth and the formation of the «Wedge» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $130 449 317 576. 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. As part of the cryptocurrency rate forecast for tomorrow, April 23, 2020, one should expect an attempt to correct the value of the digital asset and test the resistance level near the area…
ETH/USD are trading at 180.40 and continue to move as part of the correction and the formation of the «Wedge» model. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $20 164 177 234. 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 increase the value of the coin and test the resistance level near the area of 195.05. Where again we should expect a rebound and the continuation of…
LTC/USD are trading at 41.30 and continue to move as part of the correction and the upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 710 152 329. 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 and the potential continuation of the fall already from current levels. 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 42.55. Where again…