Brent continue to move in the framework of growth and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 25.62 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 23.05 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 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 1.4134. 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 area of 1.3935. 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…
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 1730 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 1705. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1855. XAU/USD Forecast and GOLD…
Silver continue to move as part of the correction and formation of the «Head and Shoulders» model. 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 a growth in the value of the metal and a test of the resistance level near the area of 15.55. Where can…
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 Triangle model. 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 0.5996. At the moment, we should expect an attempt to grow and test the…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth 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 0.9749. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices pushed 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 0.9705. Then, a rebound and continued appreciation of the US…
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 74.81. Moving averages indicate a short-term bullish 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 24, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 75.55…
BTC/USD are trading at 7555 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 $131 889 844 025. Moving averages indicate the presence of a short-term bearish 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 24, 2020, we 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 179.44 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 $20 489 457 366. 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 193.05. Where again we should expect a rebound and the continuation of…
LTC/USD are trading at 40.67 and continue to move as part of the correction and the formation of the «Triangle» model. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 723 105 086. 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 42.05. Where again…