Brent continue to move as part of the correction. At the time of the publication of the forecast, the price of Brent crude oil is $ 59.09 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices push from the area between the signal lines, which indicates pressure from buyers of black gold. At the moment, we should expect an attempt to develop a decline and test the support level near the region of 57.15 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 64.75. Brent Crude Oil Forecast…
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. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3248. Moving averages indicate the presence of a short-term bullish trend for the pair. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.3270. 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 the level of 1.3065.…
GOLD continue to move as part of strong growth and the beginning of the development of the «Triangle» model. At the time of the publication of the forecast, the price of GOLD is 1609 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 1585. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1695.…
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 18.32 Dollars. Moving averages indicate a bullish trend. Prices push from 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 17.90. Where can we expect a rebound and continued growth in the price of Silver with a target…
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 0.6338. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6395. Further, within the framework…
Currency pair Dollar Franc USD/CHF continues to move as part of strong growth. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9816. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices remain above the area between the signal lines up, which indicates pressure from buyers 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 0.9795. Then, a rebound and continued appreciation of the…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.73. Moving averages indicate a short-term bullish trend. Prices push from the area between the signal lines, which indicates pressure from buyers of the American currency. As part of the USD/RUB forecast for tomorrow, February 21, 2020, we should expect an attempt to grow and test the resistance level near the area of 63.95 Rubles per US Dollar. Then,…
BTC/USD are trading at 10147 and continue to move as part of a strong fall and the formation of the bullish «Wolfe Wave» pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $174 789 785 362. 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 sellers. As part of the cryptocurrency rate forecast for tomorrow, February 21, 2020, we should expect an attempt to lower the value of the digital asset and test the support level near the area…
ETH/USD are trading at 253.02 and continue to move as part of a strong correction and an upward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $28 204 410 151. 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 reduce the value of the coin and test the support level near the area of 225.65. Where again we should expect a rebound and continued growth of…
LTC/USD are trading at 68.44 and continue to move as part of the correction and the bullish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $4 461 529 768. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices are again testing the area between the signal lines, which indicates pressure from the sellers, but the potential for a rebound up is still high. At the moment, we should expect an attempt to reduce the value of the digital asset and test the support level near the area…