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 Australian Dollar to US Dollar AUD/USD continues to move as part of the growth. 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. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6595. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.6535. Further, the rebound and the beginning of the growth of quotations to the area above 0.6775. AUD/USD Forecast Australian Dollar…

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Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of a strong fall. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 106.68. Moving averages indicate a short-term bearish trend for the pair. Prices remain below the area between the signal lines, indicating pressure from sellers of the US Dollar. As part of the forecast of the Japanese Yen exchange rate on March 6, 2020, we should expect an attempt to increase slightly and test the resistance area near the level…

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Brent continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 50.95 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices are testing the area between the signal lines, indicating pressure from the sellers of Black Gold and the potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop growth and test the resistance level near the area of ​​53.25 dollars per barrel. Further, the continuation of the fall in…

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Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3403. 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 ​​1.3330. 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 growth. At the time of the publication of the forecast, the price of GOLD is 1660 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices pierced 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 ​​1645. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of…

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Silver continue to move as part of an upward correction. At the time of the publication of the forecast, the price of Silver is 17.29 Dollars. Moving averages indicate a bearish trend. Prices are pushing 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 growth in the value of the metal and a test of the resistance level near the area of ​​17.55. Where can we expect a rebound and a continued fall in the price of Silver…

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Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of an upward correction and a downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices again 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 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 ​​0.6315. Further, within the…

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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 0.9498. 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 0.9565. Then, a rebound and continued depreciation of the US…

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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 66.94. 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 6, 2020, we should expect an attempt to lower and test the support level near the area of ​​65.35 Rubles per US Dollar. Then, a rebound…

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BTC/USD are trading at 9090 and continue to move as part of the growth and upward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $166 439 638 792. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices have gone up from the area between the lines, indicating pressure from «Digital Gold» buyers. As part of the cryptocurrency rate forecast for tomorrow, March 6, 2020, we should expect an attempt to drop the value of the digital asset and test the support level near the area of ​​8825. Where again we…

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