Brent continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 65.89 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices continue to push 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 region of 64.05 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 71.05. Brent Crude Oil Forecast and…
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 growth and the development of the reversal model of the inverted «Head and Shoulders». At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3156. Moving averages indicate the presence of 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 1.3105. Further, the rebound and continued growth of the currency pair. The potential target of such a…
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 1499 Dollars per Troy Oz. Moving averages indicate the presence of a short-term sideways trend that is nearing completion. As you can see, prices broke through the area between the signal lines up. At the moment, we should expect an attempt to fall and test the support level near the area of 1480. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of…
Silver continue to move as part of the growth. At the time of the publication of the forecast, the price of Silver is $ 17.73. Moving averages indicate a lateral trend that is nearing completion. However, prices were able to break through the area between the signal lines up. At the moment, we should expect an attempt to develop a decrease in the cost of the metal and a test of the support level near the 17.35 area. Where can we expect a rebound and continued growth in the price of Silver with a target above the level of 19.05.…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and the bullish channel. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again pushing from the area between the signal lines, which indicates pressure from buyers. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6642. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.6605. Further, within the framework…
Currency pair Dollar Franc USD/CHF continues to move as part of the decline and the bearish channel. At the time of the publication of the FOREX forecast, the rate of the US Dollar to the Swiss Franc is 0.9798. Moving averages indicate the presence of 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 0.9815. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9685. 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 61.94. Moving averages indicate a short-term bearish trend. Prices are again pushing from the area between the signal lines, indicating pressure from sellers of American currency. As part of the USD/RUB forecast for tomorrow, December 26, 2019, we should expect an attempt to grow and test the resistance level near the area of 62.45 Rubles per US Dollar. Then, a rebound…
BTC/USD are trading at 7176 and continue to move as part of the growth and formation of the «Head and Shoulders» reversal pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $131 195 633 972. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are testing the area between the signal lines, indicating a potential bounce down from current levels. As part of the cryptocurrency rate forecast for tomorrow, December 26, 2019, we should expect an attempt to drop the value of the digital asset and test the support level near…
ETH/USD are trading at 122.15 and continue to move as part of the decline and the beginning of the development of the bullish «Wolfe Wave» bullish model. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $13 660 493 201. Moving averages indicate the presence of a short-term bearish trend for Ethereum. At the moment, we should expect an attempt to drop the value of the coin and test the support level near the area of 110.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a…
LTC/USD are trading at 39.14 and continue to move as part of the correction and the beginning of the development of the bullish «Wolfe Wave» model. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 568 584 920. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to a slight fall in the asset and a test of the support level near the area of 35.05. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target…