Brent continue to move as part of the growth. At the time of the publication of the forecast, the price of Brent crude oil is 32.66 dollars 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 downward correction and a test of the support level near the area of $ 31.45 per barrel. Further, the continued growth of the oil rate in the region above the level of 46.55.…
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 correction 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 1.4114. Moving averages indicate the presence of a short-term lateral trend for the pair. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.4175. Further, the rebound and continued fall of the currency pair on Forex. The potential target of this movement of the instrument is the area below…
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 1652 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1615. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1745. XAU/USD Forecast and GOLD analysis…
Silver continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the price of Silver is $ 14.78. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines, which indicates pressure from asset sellers and a potential drop already from current levels. At the moment, we should expect an attempt to develop a decrease in the cost of metal and a test of the support level near the area of 13.95. Where can we expect a rebound and continued growth in Silver prices with…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the upward channel. Moving averages indicate the presence of a short-term bullish 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 0.5934. At the moment, we should expect an attempt to fall and test the support level near the area of 0.5925. Further, within…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the formation of the «Double Top» reversal pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9776. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices pushed from the area between the signal lines, indicating pressure from buyers of the American currency and the potential continuation of the fall of the pair. At the moment, we should expect an attempt to increase the dollar against the Franc and…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 76.05. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of American currency. As part of the USD/RUB forecast for tomorrow, April 7, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 77.95 Rubles per US Dollar. Then,…
BTC/USD are trading at 7141 and continue to move as part of the growth. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $131 238 435 116. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices pushed from the area between the lines, indicating pressure from Digital Gold buyers and a potential continuation of growth in the near future. As part of the cryptocurrency rate forecast for tomorrow, April 7, 2020, one should expect an attempt to correct the value of the digital asset and test the support level near the area…
ETH/USD are trading at 161.41 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 $18 037 423 963. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices pushed from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to drop the value of the coin and test the support level near the area of 145.65. Where again we should expect a rebound and continued growth of the Ethereum…
LTC/USD are trading at 43.63 and continue to move as part of the growth and upward channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $2 856 219 606. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices pushed from the area between the signal lines down, which indicates pressure from buyers and the potential continuation of growth from current levels. At the moment, we should expect an attempt to reduce the value of the digital asset and test the support level near the area of 39.85. Where again…