Silver continue to move as part of the correction and the formation of the next «Wedge» model. At the time of the publication of the forecast, the price of Silver is $ 17.56. Moving averages indicate a bearish trend. Prices push away from the area between the signal lines, which indicates pressure from sellers. 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 17.30. Where can we expect a rebound and continued growth in Silver prices with a target…
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.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the bearish channel. Moving averages indicate a short-term bearish trend for the pair. Prices have gone far from the area between the signal lines, indicating 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 0.6487. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6545. Further, within the…
Currency pair Dollar Franc USD/CHF continues to move as part of a minor correction and a downward channel. At the time of the publication of the FOREX forecast, the rate of the US Dollar to the Swiss Franc is 0.9720. Moving averages indicate a short-term bearish trend for the pair. Prices again returned to the area between the signal lines, which may indicate a potential drop already from current levels. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9735. Then, a rebound and continued…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of a strong correction and a bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 62.67. Moving averages indicate a short-term bullish trend. Prices are testing 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 6, 2020, we should expect an attempt to lower and test the support level near the area of 62.05 Rubles per US Dollar.…
BTC/USD are trading at 9380 and continue to move as part of the correction and the bullish channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $171 866 686 133. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. As part of the cryptocurrency rate forecast for February 6, 2020, we should expect an attempt to lower the value of the digital asset and test the support level near the area of 9045. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with…
ETH/USD are trading at 193.86 and continue to move as part of the growth. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $21 626 211 648. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices once again pushed 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 176.55. Where again we should expect a rebound and continued growth of the Ethereum…
LTC/USD are trading at 70.62 and continue to move as part of the growth and bullish channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $4 574 696 166. 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 62.45. Where again we should expect a rebound and continued growth of the Litecoin rate…
XRP/USD are trading at 0.2704 and continue to move as part of the growth and upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $12 043 667 126. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices again pushed from the area between the signal lines, indicating pressure from buyers and a potential upward rebound. At the moment, we should expect an attempt to reduce the digital asset and test the support level near the 0.2445 area. Further, the continued growth of cryptocurrency in the region above…
BCH/USD are trading at 422.60 and continue to move as part of the growth and bullish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $7 811 716 435. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices push away from the area between the signal lines, which indicates pressure from buyers and a potential upward rebound. As part of the cryptocurrency rate forecast for February 6, 2020, one should expect an attempt to develop an asset value correction and a test of the support level near the 385.05…
Apple quotes continue to move as part of the growth and bullish channel. Moving averages indicate a short-term bullish trend for Apple. Prices pushed from the area between the signal lines, indicating pressure from stock buyers. At the time of publication of the forecast, the value of shares is 97.67. 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 295.55. Further, a rebound and continued growth in the value of securities. The potential target of this movement is the area above the level of…