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 1493 Dollars per Troy Oz. Moving averages indicate a short-term bearish 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 1475. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1535. XAU/USD 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.
Silver continue to move as part of the growth. At the time of the publication of the forecast, the price of Silver is 17.63 Dollars. Moving averages indicate a bearish trend. 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 metal and a test of the support level near the area of 05.17. Where can we expect a rebound and continued growth in the price of Silver with a target above the level of 18.95. XAG/USD Forecast Silver and…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and the rising 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 0.6628. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.6585. Further, within the framework…
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 0.9813. 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 0.9835. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9715. USD/CHF Forecast Dollar…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of a slight decline and a bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 61.91. 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 25, 2019, we should expect an attempt to grow and test the resistance level near the area of 62.35 Rubles per US Dollar. Then, a…
BTC/USD are trading at 7331 and continue to move as part of the growth and formation of the «Double Bottom» reversal pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $33 199 890 762. 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 25, 2019, we should expect an attempt to drop the value of the digital asset and test the support level near the…
ETH/USD re trading at 126.57 and continue to move as part of the decline and the beginning of the development of the bullish model «Wolfe Wave». The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $14 071 618 577. 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 115.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential…
LTC/USD are trading at 39.90 and continue to move as part of the correction and the beginning of the development of the bullish «Wolfe Wave» model. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $2 581 499 034. 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 36.95 area. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential…
XRP/USD are trading at 0.1889 and continue to move as part of the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 353 389 852. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are below the signal line area, which indicates pressure from cryptocurrency sellers. At the moment, we should expect an attempt to increase the fall of the digital asset and test the resistance level near the area of 0.2075. Further, the continuation of the fall of cryptocurrency to the area…
BCH/USD are trading at 188.39 and continue to move as part of the lateral correction and the beginning of the development of the bullish «Wolfe Wave» model. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 432 101 133. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices still continue to build on signal lines, indicating bearish pressure. As part of the cryptocurrency rate forecast for December 25, 2019, one should expect an attempt to fall in the value of the asset and test the support level near the…