Brent continue to move as part of the rise and the start of development of the «Triangle» model. At the time of the publication of the forecast, the price of Brent crude oil is $ 64.45 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices pierced the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to reduce and test the support level near the area of 62.95 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 67.75.…
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 correction and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3233. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are testing the area between the signal lines, indicating a potential rebound down from current levels. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.3245. Further, the rebound and continued fall of the…
GOLD continue to move as part of the upward correction and the downward channel. At the time of the publication of the forecast, the price of GOLD is $1460 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 11, 2019 An additional signal in favor of reducing the…
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 16.62 Dollars. Moving averages indicate a downward trend. At the moment, we should expect an attempt to develop the growth in the value of the metal and a test of the resistance level near the area of 17.10. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 15.45. XAG/USD Forecast Silver and Analysis December 11, 2019 In favor…
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 0.6545. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.6505. Further,…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction. 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 0.9905. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9785. USD/CHF Forecast Dollar Franc December 11, 2019…
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 again push off from the area between the signal lines, indicating pressure from sellers of American currency. As part of the USD/RUB forecast for tomorrow, December 11, 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 7327 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 $133 047 717 189. Moving averages indicate the presence of a short-term sideways trend for Bitcoin. Prices pierced the area between the signal lines, indicating pressure from sellers. As part of the cryptocurrency rate forecast for December 11, 2019, we should expect an attempt to drop the value of the digital asset and test the support level near the area of 7305. Where again we should…
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 $16 053 204 670. 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. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 843 583 135. 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 11, 2019 In favor…