Author: 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 Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2925. Moving averages indicate a short-term bearish trend. Prices pushed from the area between the lines, indicating pressure from sellers. At the moment, we should expect an attempt to increase the British Pound and a test of the resistance area near the level of 1.2955. Where again we should expect a rebound and a continued fall in the quotes of the British Pound…

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Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend. Prices pushed from the area between the signal lines, indicating pressure from the sellers of the currency pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6568. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6585. Further, the rebound and the beginning of the fall of quotations in the area below 0.6435. AUD/USD…

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Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue 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 Japanese Yen is 110.51. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices push away from the area between the signal lines, which indicates pressure from buyers. As part of the forecast for the Japanese Yen on February 27, 2020, we should expect an attempt to slightly decrease and test the support area near…

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Brent continue to move in the framework of a strong fall. At the time of the publication of the forecast, the price of Brent crude oil is 55.71 dollars per barrel. Moving averages indicate a short-term bearish trend for oil. However, prices broke through the area between the signal lines down, indicating pressure from sellers of black gold. At the moment, we should expect an attempt to develop growth and test the resistance level near the area of ​​56.05 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 48.85.…

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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 1.3290. 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 ​​1.3245. 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…

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GOLD continue to move as part of the correction after strong growth. At the time of the publication of the forecast, the price of GOLD is 1644 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 reduce and test the support level near the area of ​​1620. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1735. XAU/USD Forecast and GOLD analysis February 27,…

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Silver continue to move as part of the growth and 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 the metal and a test of the support level near the area of ​​17.95. Where can we expect a rebound and continued growth in the price of Silver with a target…

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Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the decline 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 0.6297. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​0.6325. Further, within the framework…

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Currency pair Dollar Franc USD/CHF continues to move as part of a strong downward correction. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9747. 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 depreciate the Dollar against the Franc and test the support area near the level of 0.9725. Then, a rebound and continued appreciation of the…

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Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of a strong upward correction and a bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 65.40. 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 27, 2020, we should expect an attempt to grow and test the resistance level near the area of ​​65.85 Rubles per US…

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