Currency pair Euro/Dollar EUR/USD continues to move in the framework of a strong upward correction and a downward channel. Prices have reached an important area of resistance. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from buyers of the European currency and a potential drop already from current levels. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0967. As part of the Forex forecast, we should expect an attempt to develop a correction and test the resistance level near the area…
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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 Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2890. Moving averages indicate a short-term bearish trend. Prices once again pushed from the area between the lines, which indicates pressure from sellers. At the moment, we should expect an attempt to increase 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of a minor correction and a downward channel. Moving averages indicate a short-term bearish trend. Prices have gone far down from the area between the signal lines, indicating 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 0.6574. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6645. Further, the rebound and the beginning of the fall of quotations in the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue 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 Japanese Yen is 109.86. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from buyers and a potential upward rebound. As part of the forecast of the Japanese Yen exchange rate on February 28, 2020, we should expect an attempt to slightly decrease…
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 51.01 dollars per barrel. Moving averages indicate a short-term bearish trend for oil. However, they went far down from the area between the signal lines, which indicates pressure from the sellers of Black Gold. At the moment, we should expect an attempt to develop the correction and test the resistance level near the area of 52.55 dollars per barrel. Further, the continuation of the fall in the oil rate…
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 1.3366. 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 1.3265. 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 correction after strong growth. At the time of the publication of the forecast, the price of GOLD is 1650 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from buyers. 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 of 1745. XAU/USD Forecast and GOLD analysis February 28,…
Silver continue to move as part of a strong downward correction and the upward channel. At the time of the publication of the forecast, the price of Silver is 18.02 Dollars. Moving averages indicate a bullish trend. Prices are testing 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 metal and a test of the support level near the area of 17.80. Where can we expect a rebound and continued growth 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 correction and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices push from the area between the signal lines, which indicates 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 0.6327. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6355. Further, within the framework…
Currency pair Dollar Franc USD/CHF continues to move as part of a strong fall. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9686. Moving averages indicate the presence of a short-term bullish 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 0.9745. Then, a rebound and continued depreciation of the US…