Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.42. Moving averages indicate the presence of a short-term bullish trend for the pair, prices are testing the area between the signal lines, which indicates a potential upward rebound. As part of the forecast for the Japanese Yen on December 17, 2019, we should expect an attempt to grow and test…
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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.
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 $ 65.41 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 area of 63.55 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 70.05. Brent Crude Oil Forecast and…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3117. Moving averages indicate 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 1.3105. Further, the rebound and continued growth of the currency pair. The potential target of such a movement of the instrument on Forex…
GOLD continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the price of GOLD is 1476 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1480. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1415. XAU/USD Forecast and GOLD analysis December 17, 2019 An additional…
Silver continue to move as part of the growth and bearish channel. At the time of the publication of the forecast, the price of Silver is 17.00 Dollars. Moving averages indicate a downward trend. At the moment, we should expect an attempt to develop a growth in the value of the metal and a test of the resistance level near the area of 17.25. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 15.75. XAG/USD Forecast Silver and Analysis December 17, 2019 In favor of…
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 above the area between the signal lines, which indicates the pressure from the bulls in the pair. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6610. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6625. Further,…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and formation of the «Wedge» model. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9832. Moving averages indicate the presence of a short-term bearish trend for the pair. At the moment, we should expect an attempt to depreciate the Dollar against the Franc and test the support area near the level of 0.9795. Then, a rebound and continued growth of the US Dollar against the Swiss Franc with a potential target above the level…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 62.60. 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 17, 2019, we should expect an attempt to grow and test the resistance level near the area of 63.35 Rubles per US Dollar. Then, a rebound…
BTC/USD are trading at 7094 and continue to move as part of the correction and the formation of the «Triangle» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $129 568 979 308. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices continue to build on signal lines, indicating pressure from sellers. As part of the cryptocurrency rate forecast for tomorrow, December 17, 2019, one should expect an attempt to increase the value of a digital asset and test the resistance level near the area of 7185. Where again we should…
ETH/USD are trading at 139.26 and continue to move as part of the decline and the formation of the Triangle model. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $15 505 116 920. 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 140.85. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below the level…