Brent continue to move within the fall and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 25.73 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices have gone down from the area between the signal lines, indicating pressure from the sellers of Black Gold. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area of $ 27.45 per barrel. Further, the continuation of the fall in the oil rate to the area…
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 growth and upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.4446. Moving averages indicate the presence of a short-term bullish trend for the pair. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.4035. Further, the rebound and the continued rise 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. At the time of the publication of the forecast, the price of GOLD is 1528 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices push away from the area between the signal lines, which indicates pressure from sellers. At the moment, we should expect an attempt to develop a correction and test the resistance level near the area of 1565. Where can we expect a rebound and the continuation of the fall in the price of Gold with a target below the level of 1365. XAU/USD Forecast and…
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 12.81 Dollars. Moving averages indicate a bearish trend. Prices pushed from the area between the signal lines, indicating pressure from asset sellers and a potential drop already from current levels. At the moment, we should expect an attempt to develop a correction in the value of the metal and a test of the resistance level near the area of 13.05. Where can we expect a rebound and a continued fall in the price…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices pushed from the area between the signal lines, indicating strong pressure from 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 0.5714. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.5805. Further, within the framework of…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth and upward channel. At the time of the publication of the FOREX Forecast, the rate of the US Dollar to the Swiss Franc is 0.9801. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices push from the area between the signal lines, which indicates pressure from buyers of the American currency and a potential drop already from current levels. At the moment, we should expect an attempt to increase the US Dollar against the Franc and test the resistance area near the…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 79.82. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from buyers of the American currency. As part of the USD/RUB forecast for tomorrow March 24, 2020, we should expect an attempt to develop a correction and test the support level near the area of 74.55 Rubles per US Dollar. Then, a rebound and continued growth…
BTC/USD are trading at 6275 and continue to move as part of the correction and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $113 379 789 858. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are testing the area between the lines, indicating pressure from Digital Gold sellers and a potential drop in the near future. As part of the forecast for the cryptocurrency rate for March 24, 2020, we should expect an attempt to correct the value of the digital asset and test the resistance level…
ETH/USD are trading at 128.78 and continue to move as part of the decline and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $14 231 392 750. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices pushed from the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 145.65. Where again we should expect a rebound and the continuation of the…
LTC/USD are trading at 37.76 and continue to move as part of the fall and the downward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 439 895 826. Moving averages indicate the presence of a short-term bearish trend for Litecoin. Prices are testing the area between the signal lines down, which indicates pressure from sellers and a potential drop 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 we should…