Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the formation of the upward «Wolfe Wave» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3726. 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 attempt…
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 upward channel. At the time of the publication of the forecast, the price of Gold is 1684 Dollars per Troy Oz, as we see the bulls are unable to gain a foothold over the resistance level. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers and potential growth already from current levels. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1675. Where can we…
Silver 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 Silver is $ 14.87. Moving averages indicate a bullish trend. Prices pierced the area between the signal lines down, indicating pressure from asset sellers. 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 14.80. Where can we expect a rebound and the continuation of the rise in the price of Silver with…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and formation of the «Wedge» model. Moving averages indicate 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 0.6144. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6195. Further, within the…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the 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 0.9655. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices broke through the area between the signal lines down, which will indicate the pressure on the side of the 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…
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 74.41. 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 May 1, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 75.75…
BTC/USD are trading at 8589 and continue to move as part of the growth and upward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $162 469 517 060. 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 forecast for May 1, 2020, one should expect an attempt to correct the value of the digital asset and test the support level near the area of 7665. Where again we…
ETH/USD are trading at 206.17 and continue to move as part of growth and the rising channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $23 611 655 027. 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 195.05. Where again we should expect a rebound and the continuation of the…
LTC/USD are trading at 45.78 and continue to move as part of the growth and upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 060 080 925. 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 area of 43.65. Where again we should expect a rebound and continued growth of…
XRP/USD are trading at 0.2097 and continue to move as part of the growth and upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $9 574 969 919. Moving averages indicate the presence of a short-term bullish trend for Ripple. 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 correct the digital asset and test the support level near the area of 0.2005. Further, the continuation of the cryptocurrency rise to the area…