Brent continue to move in the framework of a strong fall. At the time of the publication of the forecast, the price of Brent crude oil is 55.71 dollars per barrel. Moving averages indicate a short-term bearish trend for oil. However, prices broke through the area between the signal lines down, indicating pressure from sellers of black gold. At the moment, we should expect an attempt to develop growth and test the resistance level near the area of 56.05 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 48.85.…
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.
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 1.3290. 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 1.3245. 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 1644 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 1620. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1735. XAU/USD Forecast and GOLD analysis February 27,…
Silver continue to move as part of the growth and 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 the metal and a test of the support level near the area of 17.95. Where can we expect a rebound and continued growth in the price of Silver with a target…
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 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 0.6297. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6325. Further, within the framework…
Currency pair Dollar Franc USD/CHF continues to move as part of a strong downward correction. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9747. 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 depreciate the Dollar against the Franc and test the support area near the level of 0.9725. Then, a rebound and continued appreciation of the…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of a strong upward correction and a bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 65.40. Moving averages indicate a short-term bullish trend. Prices have gone far up 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 27, 2020, we should expect an attempt to grow and test the resistance level near the area of 65.85 Rubles per US…
BTC/USD are trading at 9213 and continue to move as part of the fall and the formation of the «Wedge» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $165 184 200 807. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices have broken down the area between the lines, indicating pressure from digital gold sellers. As part of the cryptocurrency rate forecast for tomorrow, February 27, 2020, we should expect an attempt to lower the value of the digital asset and test the support level near the 8925 area. Where…
ETH/USD are trading at 237.60 and continue to move in the framework of the lower and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $25 502 414 878. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices have gone far below the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to reduce the value of the coin and test the support level near the area of 230.05. Where again we should expect a rebound and continued…
LTC/USD are trading at 66.26 and continue to move as part of the correction and the upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $4 094 008 334. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices broke through the area between the signal lines down, which indicates pressure from the sellers, however, the potential for a rebound up still remains. 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 65.15. Where again…