Brent continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 64.54 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices pierced the area between the signal lines down, indicating pressure from sellers. At the moment, we should expect an attempt to continue the decline and test the support level near the area of 62.90 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 69.45. Brent Crude Oil Forecast…
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 correction and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3035. 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 1.3010. Further, the rebound and continued growth of the currency pair. The potential target of such a movement of the instrument on Forex quotes is the area above the…
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 1555 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices are repelled by signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to fall and test the support level near the area of 1520. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1630. XAU/USD Forecast and GOLD analysis January 17, 2020 An…
Silver continue to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the price of Silver is $ 17.93. Moving averages indicate an uptrend. Prices are testing the area between the signal lines, which indicates pressure from buyers and a likely rebound from current levels. 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 17.55. Where can we expect a rebound and continued growth in the price of Silver with a…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the decline. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from buyers and a potential bounce down. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6636. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6680. Further, within the framework of the forecast and…
Currency pair Dollar Franc USD/CHF continues to move as part of a strong fall 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 0.9625. Moving averages indicate a short-term bearish trend for the pair. At the moment, we should expect an attempt to increase the Dollar against the Franc and test the resistance area near the level of 0.9670. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9505. USD/CHF Forecast Dollar Franc January…
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 61.56. Moving averages indicate a short-term bearish trend. Prices continue to remain below the area between the signal lines, indicating pressure from sellers of American currency. As part of the USD/RUB forecast for tomorrow, January 17, 2020, we should expect an attempt to grow and test the resistance level near the area of 62.50 Rubles per US Dollar. Then, a rebound…
BTC/USD are trading at 8608 and continue to move as part of the growth and bullish channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $156 643 213 687. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, January 17, 2020, we should expect an attempt to drop the value of the digital asset and test the support level near the area of 8185. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with…
ETH/USD are trading at 158.68 and continue to move as part of the growth and upward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $17 671 891 700. Moving averages indicate the presence of a short-term bullish trend for Ethereum. At the moment, we should expect an attempt to reduce the value of the coin and test the support level near the area of 147.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 205.05. Ethereum Forecast and ETH/USD Analysis January…
LTC/USD are trading at 54.90 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 $3 565 468 503. Moving averages indicate the presence of a short-term bullish trend in Litecoin. 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 asset and test the support level near the area of 49.65. Where again we should expect a rebound and continued growth of the Litecoin rate…