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 1.3300. 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…
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.
GOLD continue to move as part of the correction and the upward channel. The «Triangle» pattern is also formed here. At the time of the publication of the forecast, the price of GOLD is 1565 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 1545. Where can we expect a rebound and continued growth in the price of GOLD with a…
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 17.49 Dollars. 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 metal and a test of the support level near the area of 17.25. 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 correction and the bearish channel. 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 currency pair. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6467. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.6425. Further, within the framework of…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the bearish channel. At the time of the publication of the FOREX forecast, the rate of the US Dollar to the Swiss Franc is 0.9766. 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 0.9805. Then, a rebound and continued depreciation of the…
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 63.09. Moving averages indicate a short-term bullish trend. Prices pushed 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 13, 2020, we should expect an attempt to fall and test the support level near the area of 62.85 Rubles per US Dollar. Then, a rebound and…
BTC/USD are trading at 10308 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 $187 731 500 352. Moving averages indicate the presence of a short-term bullish trend in 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 13, 2020, we should expect an attempt to lower the value of the digital asset and test the support level near the area of 9725. Where again we…
ETH/USD are trading at 250.98 and continue to move as part of the growth and bullish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $27 916 500 556. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices are located far from the area between the signal lines, which indicates 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 220.65. Where again we should expect a rebound and continued growth…
LTC/USD are trading at 78.06 and continue to move as part of the growth and upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $5 066 305 819. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices again 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 digital asset and test the support level near the area of 67.15. Where again we should expect a rebound and continued growth of the Litecoin rate…
XRP/USD are trading at 0.2921 and continue to move as part of the growth and bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $12 968 290 384. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices are located far from the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to lower the digital asset and test the support level near the 0.2535 area. Further, the continued growth of cryptocurrency in the region above the level of…