Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the beginning of the development 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 1.3907. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices pushed 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…
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 refinement of the «Triangle» model. At the time of the publication of the forecast, the price of GOLD is 1734 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 1725. Where can we expect a rebound and continued growth in the price of Gold with a target above the…
Silver continue to move as part of strong growth and an upward channel. At the time of the publication of the forecast, the price of Silver is 17.07 Dollars. Moving averages indicate a bullish trend. Prices have gone far up from the area between the signal lines, which indicates pressure from 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 16.15. Where can we…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of a strong correction and a downward channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices pierced the area between the signal lines up, 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 0.6083. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6110. Further,…
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 0.9706. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines, 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 0.9665. Then, a rebound and continued appreciation of the US…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall and the beginning of the development of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 72.50. 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 20, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the…
BTC/USD are trading at 9631 and continue to move as part of the correction and the upward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $178 009 558 212. 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 20, 2020, we should expect an attempt to develop a correction in the value of the digital asset and a test of the support level near…
ETH/USD are trading at 209.89 and continue to move as part of strong growth and an upward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $23 697 915 822. 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 a test of the support level near the area of 205.55. Where again we should expect a rebound and continued growth of the…
LTC/USD are trading at 44.41 and continue to move as part of the correction and the formation of the head and shoulders reversal pattern. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $2 916 934 710. Moving averages indicate the presence of a short-term bearish trend for Litecoin. Prices have broken through 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 digital asset and test the resistance level near the area of 47.65. Where again we…
XRP/USD are trading at 0.2013 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 $8 996 265 453. 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 0.2115 area. Further, the continuation of the fall of cryptocurrency to the area below the level…