Silver continue to move as part of a strong downward correction and the upward channel. At the time of the publication of the forecast, the price of Silver is 18.02 Dollars. Moving averages indicate a bullish trend. 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 develop a slight decrease in the cost of metal and a test of the support level near the area of 17.80. Where can we expect a rebound and continued growth in the price of Silver with…
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.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices push from the area between the signal lines, which indicates pressure from the 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 0.6327. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6355. Further, within the framework…
Currency pair Dollar Franc USD/CHF continues to move as part of a strong fall. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9686. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices pierced down the area between the signal lines, indicating pressure from sellers of the American currency. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9745. Then, a rebound and continued depreciation of the US…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move in the framework of a strong and rising channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 65.94. Moving averages indicate a short-term bullish trend. Prices have gone far up from the area between the signal lines, indicating pressure from buyers of the American currency. As part of the USD/RUB forecast for tomorrow, February 28, 2020, we should expect an attempt to grow and test the resistance level near the area of 66.45 Rubles per US Dollar. Then,…
BTC/USD are trading at 8223 and continue to move as part of the fall and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $161 701 669 965. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices have gone down from the area between the lines, indicating pressure from digital gold sellers. As part of the cryptocurrency rate forecast for tomorrow, February 28, 2020, we should expect an attempt to increase the value of the digital asset and test the resistance level near the area of 9245. Where again…
ETH/USD are trading at 227.17 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 $25 376 694 287. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices have gone far below 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 240.05. Where again we should expect a rebound and a continued…
LTC/USD are trading at 61.43 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 $4 022 754 234. Moving averages indicate the presence of a short-term bearish trend in Litecoin. Prices have gone far from the area between the signal lines down, which indicates pressure from sellers. 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 68.45. Where again we should expect a rebound and a continued…
XRP/USD are trading at 0.2367 and continue to move as part of a strong fall and a downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $10 571 218 974. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have gone far from the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to grow a digital asset and a test of the resistance level near the 0.2515 area. Further, the continuation of the fall of cryptocurrency to the…
BCH/USD are trading at 323.66 and continue to move as part of the correction and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 962 207 801. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices have gone far from the area between the signal lines, indicating pressure from sellers. As part of the cryptocurrency rate forecast for February 28, 2020, we should expect an attempt to develop the growth of the asset value and test the resistance level near the 360.05 area. Where again we…
Currency pair Euro/Dollar EUR/USD continues to move as part of the bullish correction and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from sellers of the European currency and a potential drop already from current levels. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0860. As part of the Forex forecast, we should expect an attempt to develop a correction and test the resistance level near the area of 1.0915. Further, the rebound and continued fall of the…