Brent continue to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 59.34 per barrel. Moving averages indicate a short-term downtrend for oil, which is nearing completion. At the moment, we should expect an attempt to grow and test the resistance level near the area of 60.55 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 54.35. Brent Crude Oil Forecast and analysis October 15, 2019 In favor of falling quotes…
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 a strong fall and a bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3210. Moving averages indicate the presence of a short-term bearish trend for the pair. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.3235. Further, the rebound and continued growth of the currency pair. The potential target of this movement of quotes is the area below the level…
GOLD continue to move as part of the correction and the formation of the inverted «Head and Shoulders» model. At the time of the publication of the forecast, the price of GOLD is 1,495 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend that is nearing completion. At the moment, we should expect an attempt to reduce and test the support level near the area of 1465. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1575. XAU/USD Forecast and GOLD analysis October 15, 2019 In…
Silver continue to move as part of the correction and the downward channel. A «Head and Shoulders» reversal pattern is also being formed here. At the time of the publication of the forecast, the price of Silver is 17.58 Dollars. Moving averages indicate a downward trend. At the moment, we should expect an attempt to develop a correction in the value of the metal and a test of the resistance level near the area of 17.80. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. Moving averages indicate the presence of a short-term bullish trend for the pair. At the time of the publication of the FOREX forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6285. At the moment, we should expect an attempt to continue the development of the correction and test the resistance level near the area of 0.6345. Further, within the framework of the forecast and Forex…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth and formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9952. Moving averages indicate the presence of a short-term bullish trend for the pair, prices continue to push off from signal lines, pressure from buyers continues. At the moment, we should expect an attempt to continue slight growth and test the resistance area near the level of 0.9995. Then, a rebound and continued depreciation of the US…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the «Double Bottom» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 64.22. Moving averages indicate a short-term downtrend. As part of the USD/RUB forecast for tomorrow, October 15, 2019, we should expect an attempt to lower and test the support level near the area of 63.70 Russian Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the area above the level…
BTC/USD are trading at 8301 and continue to move as part of the growth a bullish channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $149 498 344 570. Moving averages indicate the presence of a short-term flat trend for Bitcoin. As part of the cryptocurrency forecast for tomorrow October 15, 2019, one should expect an attempt to reduce asset quotes and test the support level near the area of 8055. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the area…
ETH/USD are trading at 181.24 and continue to move as part of the correction. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $19 802 656 250. Moving averages indicate the presence of a short-term bullish trend for Ethereum, but seller pressure is increasing. At the moment, we should expect an attempt to reduce the value of the digital asset and test the support level near the area of 178.35. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 210.55. Ethereum Forecast and…
LTC/USD are trading at 56.19 and continue to move as part of the growth and upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 609 418 249. Moving averages indicate the presence of a short-term flat trend in Litecoin. At the moment, we should expect an attempt to fall and test the support level near the area of 53.45. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above 64.35. Litecoin Forecast and LTC/USD Analysis October 15, 2019 In favor of the growth of…