Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the downward channel. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential drop from current levels. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6722. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6745. Further, the rebound and the beginning of the fall…
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.
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.77. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are testing the area between the signal lines up, which indicates pressure from buyers and potential growth from current levels. As part of the forecast of the Japanese Yen exchange rate on February 14, 2020,…
Brent continue to move as part of the correction and the formation of the Triangle model. At the time of the publication of the forecast, the price of Brent crude oil is $ 56.32 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices pierced the area between the signal lines up, indicating pressure from buyers of black gold. At the moment, we should expect an attempt to develop a decline and a test of the support level near the area of 54.55 dollars per barrel. Further, the continued growth of the oil rate in the region above…
Currency pair US Dollar to Canadian Dollar USD/CAD continues 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 Canadian Dollar is 1.3256. 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 1.3310. 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…
GOLD continue to move as part of the correction and the upward channel. Here the «Triangle» pattern is formed, prices test the upper boundary of the model. At the time of the publication of the forecast, the price of GOLD is 1575 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers and a likely rebound. At the moment, we should expect an attempt to reduce and test the support level near the area of 1550. Where can we expect a rebound and continued growth…
Silver continue to move as part of the decline and the formation of the «Wedge» model. At the time of the publication of the forecast, the price of Silver is $ 17.62. Moving averages indicate a bullish trend. Prices pierced the area between the signal lines down, indicating pressure from asset sellers. 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 17.35 area. Where can we expect a rebound and continued growth in Silver prices with a target above the level…
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 returned to the area between the signal lines, indicating 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 0.6438. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.6415. Further, within the framework of…
Currency pair Dollar Franc USD/CHF continues to move as part of the bullish correction 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 0.9786. Moving averages indicate a short-term bearish trend for the pair. Prices pierced 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 increase the dollar against the Franc and test the resistance area near the level of 0.9810. Then, a rebound and continued depreciation of…
Currency pair US Dollar/Russian Ruble USD/RUB continues 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 Russian Ruble is 63.37. Moving averages indicate a short-term bearish trend. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the American currency. As part of the USD/RUB forecast for tomorrow, February 14, 2020, we should expect an attempt to grow and test the resistance level near the area of 63.65 Rubles per US Dollar. Then, the rebound…
BTC/USD are trading at 10211 and continue to move as part of the growth and bullish channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $186 032 227 953. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices continue to push from the area between the lines, indicating pressure from buyers of digital gold. As part of the cryptocurrency rate forecast for February 14, 2020, we should expect an attempt to lower the value of the digital asset and test the support level near the area of 9605. Where again we…