GOLD continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the price of GOLD is 1469 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 1415. XAU/USD Forecast and GOLD analysis December 4, 2019 An additional signal in favor of reducing the…
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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.
Silver continue to move as part of the correction and the formation of the «Triangle» model. 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 17.05. 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 4,…
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, indicating strong 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 0.6521. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.6455. Further, within the framework of Forex…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9888. Moving averages indicate the presence of a short-term flat 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 0.9925. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9805. USD/CHF Forecast Dollar Franc December 4, 2019…
Currency pair US Dollar/Russian Ruble USD/RUB 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 Russian Ruble is 64.09. Moving averages indicate the presence of a short-term bullish trend, prices have broken signal lines up, which indicates pressure from buyers of the American currency. As part of the USD/RUB forecast for tomorrow, December 4, 2019, we should expect an attempt to reduce and test the support level near the area of 63.85 Rubles per US Dollar. Then, a rebound…
BTC/USD are trading at 7256 and continue to move as part of the decline and the bearish channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $132 263 252 859. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are pushing away from signal lines, which indicates pressure from sellers of the leading digital asset. As part of the cryptocurrency rate forecast for December 4, 2019, we should expect an attempt to drop the value of the digital asset and test the support level near the area of 6705. Where again…
ETH/USD are trading at 144.83 and continue to move as part of the decline and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $16 079 347 193. 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 128.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 185.05. Ethereum Forecast…
LTC/USD are trading at 43.86 and continue to move as part of the decline and formation of the «Expanding Formation» model. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 905 008 868. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to slightly fall and test the support level near the area of 40.25. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 70.65. Litecoin Forecast and LTC/USD Analysis December…
XRP/USD are trading at 0.2156 and continue to move as part of the decline. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $9 510 165 928. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are below the signal line area, indicating bearish pressure. At the moment, we should expect an attempt to grow a digital asset and test the resistance level near the 0.2450 area. Further, the continued fall of cryptocurrency to the area below the level of 0.1705. Ripple Forecast and XRP/USD Analysis December 4, 2019…
BCH/USD aare trading at 211.29 and continue to move as part of the correction and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 884 937 178. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices are still pushing away from signal lines, and bear pressure remains. As part of the cryptocurrency forecast for December 4, 2019, we should expect an attempt to reduce the value of the asset and test the support level near the 190.05 area. Where again we should expect a rebound and…