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 1653 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 1605. 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 26,…
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.
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 18.43 Dollars. Moving averages indicate a bullish trend. Prices remain above the area between the signal lines, indicating pressure from asset buyers. 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 18.10. Where can we expect a rebound and continued growth in the price of Silver with a target above the level of…
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 0.6330. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6365. Further, within the framework…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9771. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices again returned to the area between the signal lines, indicating pressure from buyers of the American currency and a potential upward rebound. At the moment, we should expect an attempt to depreciate the Dollar against the Franc and test the support area near the level of 0.9745. Then, a rebound and…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of a strong upward correction and a downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 65.42. 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 forecast for tomorrow, February 26, 2020, we should expect an attempt to grow and test the resistance level near the area of 65.75 Rubles per US Dollar. Then,…
BTC/USD are trading at 9588 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 $174 909 815 930. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices pushed from the area between the lines, indicating pressure from buyers of digital gold. As part of the cryptocurrency rate forecast for tomorrow, February 26, 2020, one should expect an attempt to lower the value of the digital asset and test the support level near the area of 9255.…
ETH/USD are trading at 258.68 and continue to move as part of the correction and the formation of the «Triangle» model. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $28 636 692 952. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices 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 coin and test the support level near the area of 255.05. Where again we should expect a rebound and continued…
LTC/USD are trading at 73.64 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 $4 780 668 939. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices are again testing the area between the signal lines, which indicates pressure from the sellers, but the potential for a rebound up is still high. 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 67.05. Where…
XRP/USD are trading at 0.2630 and continue to move as part of the correction and the upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $11 645 228 174. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices are testing the area between the signal lines, which indicates pressure from sellers, but the growth potential is still quite strong. At the moment, we should expect an attempt to reduce the digital asset and a test of the support level near the 0.2615 area. Further, the continued growth…
BCH/USD are trading at 370.15 and continue to move as part of the correction and the upward channel. An inverted «Head and Shoulders» model is also formed here. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $6 782 543 101. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices are testing the area between the signal lines, which indicates pressure from the sellers, however, the potential for upward rebound is still there. As part of the cryptocurrency rate forecast for February 26, 2020, we should expect an attempt to…