Brent continue to move within the decline and the bearish channel. At the time of the publication of the forecast, the price of BRENT oil is $ 63.01 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we should expect an attempt to rise and test the resistance level near the area of 63.50 dollars per barrel. Further, the continuation of the fall in the rate of oil in the region below the level of 60.05. BRENT Crude Oil Forecast and analysis July 24, 2019 In favor of reducing the quotations and prices of oil…
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 Canadian Dollar USD/CAD continues to move in growth. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3152. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3115. Further, the rebound and the continued growth of the currency pair. The potential target of such a movement of quotes is an area above the level of 1.3305. USD/CAD Forecast Canadian Dollar July 24, 2019 In…
GOLD continue to move within the correction and the ascending channel. At the time of the publication of the forecast, the price of GOLD is 1426 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 1420. Where should we expect a rebound and the continuation of the growth in the price of Gold with the goal above the level of 1470. XAU/USD Forecast and GOLD analysis July 24, 2019 In favor of lifting quotes XAU/USD will test the rising…
Silver continue to move as part of the growth and formation of the «Triangle» model. At the time of the publication of the forecast, the price of Silver is 16.46 Dollars. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to reduce the asset and a test of the support level near the 16.15 area. Where can we expect a rebound and continued growth in the price of Silver with the goal above the level of 17.25. XAG/USD Forecast Silver and Analysis July 24, 2019 In favor of the growth of XAG/USD quotes, a test…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and 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 publication of the Forex forecast, the New Zealand Dollar/US Dollar rate is 0.6728. At the moment, we should expect an attempt to grow the pair and test the resistance level near 0.6765. Further, as part of Forex forecast and analytics, an attempt is expected to continue the fall of the currency pair to the…
Currency pair Dollar Franc USD/CHF continues to move within the framework of the correction and the formation of a bullish «Wolf Wave» pattern. At the time of publication of the Forex forecast, the exchange rate of the US Dollar to Swiss Franc is 0.9833. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9785. Then, a rebound and the beginning of the growth of the US dollar against the Swiss Franc with the goal above the level of 0.9955. USD/CHF…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of a decline and a downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.12. Moving averages indicate a bearish trend. As part of the forecast for the USD/RUB exchange rate for tomorrow, July 24, 2019, we can expect an attempt to grow and test the support level near the area of 62.75 Rubles for the US Dollar. Then, the rebound and the continued growth of the currency pair in the region above the level…
Bitcoin BTC/USD are trading at 9978 and continue to move as part of a decline and a downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $177 501 495 190. Sliding averages indicate the presence of a bearish trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for July 24, 2019, we should expect an growth attempt and a resistance level test near the area of 10350. Where should we again expect a rebound and an attempt to continue falling Bitcoin exchange rate with a target below the 7850 area. Bitcoin Forecast and…
Ethereum ETH/USD are trading at 209.97 and continue to move as part of a decline and a downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $22 507 171 189. Moving averages indicate a short-term bearish trend in Ethereum. At the moment, we should expect an attempt to grow and test the upper boundary of the downward channel near the area of 230.00. Where once again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential target below the level of 130.00. Ethereum Forecast and ETH/USD…
Litecoin LTC/USD are trading at 90.20 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $5 652 638 135. Moving averages indicate a short-term bearish trend in Litecoin. At the moment, we should expect an attempt to rise and test the resistance level near the area of 94.75. From where it is again necessary to expect a rebound and the continuation of the fall of the Litecoin course with a potential goal below the level of 57.00. Litecoin Forecast and LTC/USD Analysis July 24, 2019 In favor of…