Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3313. Moving averages indicate the presence of a short-term bullish trend for the pair. At the moment, we should expect an attempt to fall and test the support level near the area of 1.3255. Further, the rebound and continued growth of the currency pair on Forex. The potential target of this movement of the instrument is the area above the…
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.
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 1571 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices pushed away from the area between the signal lines, indicating 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 with…
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 17.76 Dollars. 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 area of 17.40. Where can we expect a rebound and continued growth in the price of…
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 are still 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 0.6401. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6425. Further, within the…
Currency pair Dollar Franc USD/CHF continues to move as part of a strong correction and a bearish channel. At the time of the publication of the FOREX forecast, the rate of the US Dollar to the Swiss Franc is 0.9776. Moving averages indicate a short-term bearish trend for the pair. Prices pierced the area between the signal lines up, which indicates pressure from buyers 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 0.9805. Then, a rebound and continued depreciation of…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of growth and the rising channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.88. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from buyers of the American currency. As part of the USD / RUB rate forecast for tomorrow, February 11, 2020, we should expect an attempt to fall and test the support level near the area of 62.65 Rubles per US Dollar. Then, a…
BTC/USD are trading at 9810 and continue to move as part of the growth and upward channel. Quotes checked the strength of the level of 10000. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $180 302 619 837. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices continue to push from the area between the lines, indicating bullish pressure. As part of the cryptocurrency rate forecast for February 11, 2020, we should expect an attempt to lower the value of the digital asset and test the support level near the area…
ETH/USD are trading at 217.65 and continue to move as part of the growth and bullish channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $24 557 292 348. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices are located far 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 190.05. Where again we should expect a rebound and continued growth of the Ethereum…
LTC/USD are trading at 73.10 and continue to move as part of the growth and upward channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $4 795 345 595. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices again pushed from the area between the signal lines, which indicates pressure from buyers and the continued rise in prices. 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 63.05. Where again we should expect…
XRP/USD are trading at 0.2680 and continue to move as part of the growth and bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $12 052 281 396. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices are again testing the area between the signal lines, which indicates pressure from buyers and the potential continuation of the rise in cryptocurrency prices. 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…