BCH/USD are trading at 464.67 and continue to move as part of growth and the bullish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $8 603 769 465. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices continue to remain far from the area between the signal lines, indicating pressure from buyers. As part of the cryptocurrency forecast for February 13, 2020, we should expect an attempt to develop a downward correction of the asset value and a test of the support level near the area of 415.05.…
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.
Tesla stock continue to move as part of a slight increase. Moving averages indicate the presence of a short-term bullish trend for Tesla. Prices pushed from the area between the signal lines, which indicates pressure from buyers of securities. At the time of the publication of the forecast, the value of shares is 777.82. As you can see, volatility decreased after sharp movements. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the area of 710.05. Further, a rebound and continued growth in the value of securities.…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of the fall and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices have gone far from the area between the signal lines, indicating strong pressure from sellers of the European currency. At the time of the publication of the forecast, the euro/dollar rate is 1.0918. As part of the FOREX forecast, we should expect an attempt to develop a correction and test the resistance level near the area of 1.0975. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2947. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to correct the British Pound and test the resistance area near the level of 1.2965. Where again we should expect a rebound and a continued fall in the quotes of the British Pound currency pair against the US Dollar. The target of the downward movement of the currency pair, in…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the bullish correction and the bearish channel. Moving averages indicate a short-term bearish trend. Prices are again 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 0.6709. 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…
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 109.82. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices pierced the area between the signal lines up, which indicates pressure from buyers. As part of the forecast for the Japanese Yen on February 12, 2020, we should expect an attempt to increase slightly and…
Brent continue to move within the fall and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 54.18 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices are again pushing from the area between the signal lines, which indicates pressure from sellers of black gold. At the moment, we should expect an attempt to develop a correction and a test of the resistance level near the area of 55.35 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below…
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 1.3290. 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 1.3315. 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. 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 again testing the area between the signal lines, which indicates pressure from buyers and a likely upward rebound. At the moment, we should expect an attempt to fall and test the support level near the area of 1550. Where can we expect a rebound and continued growth in the price of Gold…
Silver continue to move as part of the correction and the formation of the «Wedge» model. At the time of the publication of the forecast, the price of Silver is $ 17.56. 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 17.35 area. Where can we expect a rebound and continued growth in Silver prices with a…