Brent continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 65.24 per barrel. Moving averages indicate the presence of a short-term bullish trend in oil, which is just beginning, as the signal lines have recently crossed. At the moment, we should expect an attempt to reduce and test the support level near the area of 61.35 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 74.70. Brent Crude Oil Forecast and…
Author: forex24pro
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the upward 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 1.3270. Moving averages indicate a short-term bullish trend for the pair, which has just begun. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.3305. Further, the rebound and continued fall of the currency pair. The potential target of this movement of quotes is the area below the…
GOLD continue to move as part of a downward correction and a downward channel. At the time of the publication of the forecast, the price of GOLD is 1502 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 1500. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1590. XAU/USD Forecast and GOLD analysis September 20, 2019 In favor of raising the XAU/USD quotes, a test of…
Silver continue to move as part of a downward correction and the formation of the bullish «Wolfe Wave». At the time of the publication of the forecast, the price of Silver is 17.83 Dollars. Moving averages indicate a short-term downtrend. At the moment, we should expect an attempt to reduce metal and test the support level near the area of 17.55. Where can we expect a rebound and continued growth in the price of Silver with a target above the level of 19.55 as part of the start of the development of the upward «Wolfe Wave» model. XAG/USD Forecast Silver…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the decline and the downward channel. Moving averages indicate the presence of a short-term bearish 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 0.6309. At the moment, we should expect an attempt to develop growth and test the resistance level near the area of 0.6345. Further, within the framework of the forecast and Forex analytics for tomorrow, a rebound and an attempt to fall…
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 0.9924. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.9955. Then, a rebound and the beginning of the depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9725. USD/CHF Forecast Dollar Franc September…
BTC/USD are trading at 9845 and continue to move as part of the fall and the start of development of the «Triangle» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $177 751 707 328. Moving averages indicate the presence of a short-term downward trend for Bitcoin. As part of the cryptocurrency rate forecast for September 20, 2019, we should expect an attempt to grow and test the resistance level near the area of 10035. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a…
ETH/USD are trading at 205.17 and continue to move as part of the growth and bullish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $22 653 975 464. Moving averages indicate the presence of a short-term bullish trend for Ethereum. At the moment, we should expect an attempt to reduce the digital asset and test the support level near the area of 195.55. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 250.55. Ethereum Forecast and ETH/USD Analysis…
LTC/USD are trading at 73.33 and continue to move as part of the decline and the bullish channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $4 735 481 461. Moving averages indicate the presence of a short-term bullish trend in Litecoin, prices returned to the level between the lines. At the moment, we should expect an attempt to reduce and test the support level near the area of 70.25. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 82.55. Litecoin Forecast…
XRP/USD are trading at 0.2856 and continue to move as part of the correction and the upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $12 597 158 803. Moving averages indicate the presence of a short-term bullish trend for Ripple, as we see prices returned to the area between the signal lines, which may indicate a likely rebound. At the moment, we should expect an attempt to depreciate the digital asset and a test of the support level near the 0.2625 area. Further, the continued growth of cryptocurrency in the…