Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3180. Moving averages indicate a short-term bearish trend for the pair. At the moment, we should expect an attempt to fall and test the support level near the area of 1.3095. Further, the rebound and continued growth of the currency pair. The potential target of such a movement of the instrument on the Forex is the area above the level…
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 growth and upward channel. At the time of the publication of the forecast, the price of GOLD is 1582 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices continue to build on signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to fall and test the support level near the area of 1570. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1645. XAU/USD Forecast and GOLD analysis January 28, 2020 An…
Silver continue to move as part of the growth and the beginning of the development of the «Wedge» model. At the time of the publication of the forecast, the price of Silver is 18.24 Dollars. Moving averages indicate an uptrend. Prices again pushed from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to develop a decrease in the cost of metal and a test of the support level near the area of 17.85. 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 correction and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices pushed from the area between the signal lines, indicating pressure from sellers. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6559. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6600. Further, within the framework of the forecast and Forex analysis…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the downward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9701. Moving averages indicate a short-term bearish trend for the pair. At the moment, we should expect an attempt to continue the growth of the Dollar against the Franc and test the resistance area near the level of 0.9730. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9525. USD/CHF Forecast Dollar…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the decline and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 62.49. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, indicating pressure from sellers of the American currency and a potential drop. As part of the USD/RUB rate forecast for tomorrow, January 28, 2020, we should expect an attempt to grow and test the resistance level near the area of 62.55 Rubles per US…
BTC/USD are trading at 8605 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 $157 419 166 219. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, January 28, 2020, we should expect an attempt to drop the value of the digital asset and test the support level near the area of 8025. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate…
ETH/USD are trading at 164.02 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 $18 495 186 185. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices once again pushed from the area between the 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 148.55. Where again we should expect a rebound and continued growth of the Ethereum rate…
LTC/USD are trading at 52.82 and continue to move as part of the growth and upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 676 481 108. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices rose above the area between the signal lines, indicating pressure from buyers and potential continued growth. At the moment, we should expect an attempt to reduce the asset and test the support level near the 48.45 area. Where again we should expect a rebound and continued growth of the Litecoin rate with a…
XRP/USD are trading at 0.2240 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 $ 10,059,048,070. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices pierced the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to reduce the digital asset and test the support level near the 0.2135 area. Further, the continued growth of cryptocurrency in the region above the level of 0.2615. Ripple Forecast and…