Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction 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 Canadian Dollar is 1.3232. 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 1.3145. Further, the rebound and continued growth of the currency pair. The potential target of such a movement of the instrument on Forex quotes…
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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.
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 1464 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 1475. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1435. XAU/USD Forecast and GOLD analysis December 12, 2019 An additional…
Silver continue to move as part of the decline and the bearish channel. At the time of the publication of the forecast, the price of Silver is 16.63 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 16.75. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 16.15. XAG/USD Forecast Silver and Analysis December 12, 2019 In favor…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of a downward correction and an upward 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 0.6535. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.6495.…
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 0.9862. 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 0.9865. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9780. USD/CHF Forecast Dollar…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.56. 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 12, 2019, we should expect an attempt to grow and test the resistance level near the area of 64.05 Rubles per US Dollar.…
BTC/USD are trading at 7208 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 $132 054 518 061. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are far from signal lines, indicating pressure from sellers. As part of the cryptocurrency rate forecast for tomorrow, December 12, 2019, one should expect an attempt to drop the value of a digital asset and test the support level near the area of 7125. Where again we should expect…
ETH/USD are trading at 145.23 and continue to move as part of a slight increase. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $15 979 907 490. 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 138.55. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 160.05. Ethereum Forecast and ETH/USD Analysis…
LTC/USD are trading at 43.71 and continue to move as part of the correction and the downward channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $2 856 035 454. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to slightly decrease and test the support level near the 42.25 area. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 52.55. Litecoin Forecast and LTC/USD Analysis December 12, 2019…
XRP/USD are trading at 0.2195 and continue to move as part of the correction. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $9 630 510 360. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices are above the signal line area, which indicates pressure from cryptocurrency buyers. At the moment, we should expect an attempt to reduce the digital asset and a test of the support level near the 0.2105 area. Further, the continued growth of cryptocurrency in the region above the level of 0.2395. Ripple Forecast and XRP/USD Analysis December…