Brent continue to move in the framework of a strong fall and a downward channel. At the time of the publication of the forecast, the price of Brent crude oil is 36.77 dollars per barrel. Moving averages indicate a short-term bearish trend for oil. Prices have gone far 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 growth and test the resistance level near the area of 43.80 dollars per barrel. Further, the continuation of the fall in the oil rate to the…
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 1.3537. 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 1.3455. 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 1668 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines up, which indicates pressure from buyers and the potential continuation of the rise from current levels. At the moment, we should expect an attempt to reduce and test the support level near the area of 1630. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level…
Silver continue to move as part of the correction. At the time of the publication of the forecast, the price of Silver is 16.87 Dollars. 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 correction in the value of the metal and a test of the resistance level near the area of 17.25. Where can we expect a rebound and a continued fall in the price of Silver with…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth, and were also able to leave the bearish channel. Moving averages indicate a short-term bearish trend for the pair. However, prices broke through 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 0.6436. At the moment, we should expect an attempt to reduce and test the support level near the area…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the downward channel. At the time of the publication of the FOREX forecast, the rate of the US Dollar to the Swiss Franc is 0.9253. Moving averages indicate a short-term bearish 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 0.9345. Then, a rebound and continued depreciation of the US…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of growth and the rising channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 74.16. 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 rate forecast for tomorrow March 10, 2020, we should expect an attempt to develop a correction and test the support level near the area of 70.05 Rubles per US Dollar. Then,…
BTC/USD are trading at 7714 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 $143 089 108 706. 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 the sellers of Digital Gold. As part of the cryptocurrency rate forecast for March 10, 2020, we should expect an attempt to increase the value of the digital asset and test the resistance level near the area of 8005. Where…
ETH/USD are trading at 193.58 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 $21 714 027 432. 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 205.05. Where again we should expect a rebound and the continuation of the…
LTC/USD are trading at 46.77 and continue to move as part of the fall and the bearish channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $3 185 213 128. Moving averages indicate the presence of a short-term bearish trend for Litecoin. Prices pushed from the area between the signal lines down, indicating 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 53.05. Where again we should expect a rebound and a continued fall…