Brent continue to move as part of the growth and formation of the downward wave «Wolfe Wave». At the time of the publication of the forecast, the price of BRENT oil is $ 66.93 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 67.95 dollars per barrel. Further, the continuation of the fall in the rate of oil in the area below 61.65. BRENT Crude Oil Forecast and analysis July 16, 2019 In favor of reducing the quotations and…
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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.
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the correction and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3033. 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 1.3015. 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 1.3225. USD/CAD Forecast Canadian…
GOLD continue to move within the framework of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the price of Gold is 1410 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 1390. Where can we expect a rebound and the continuation of the growth in the price of GOLD with the goal above the level of 1475. XAU/USD Forecast and GOLD analysis July 16, 2019 In favor of lifting…
Silver continue to move within the correction and the ascending channel. At the time of the publication of the forecast, prices for Silver amount to 15.26 Dollars. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to drop the asset and test the support level near the 15.15 area. Where should we expect a rebound and continued growth in the price of Silver with the goal above the level of 15.80. XAG/USD Forecast Silver and Analysis July 16, 2019 In favor of the growth of XAG/USD quotes, a test of the support line on the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and formation of the «Wolfe Wave» model. Moving averages indicate the presence of a short-term bullish trend for the pair. At the time of publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6716. At the moment, we should expect an attempt to grow the pair and test the resistance level near 0.6750. Further, in the framework of Forex forecast and analytics, an attempt to continue the fall of the currency pair…
Currency pair Dollar Franc USD/CHF continues to move in the framework of a slight growth and the formation of a reversal pattern of an inverted «Head and Shoulders». At the time of publication of the FOREX forecast, the rate of the US dollar to the Swiss Franc is 0.9835. 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 0.9800. Then, a rebound and the beginning of the growth of the US Dollar against the Swiss Franc with the target above…
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 62.62. Moving averages indicate a bearish trend. As part of the forecast for the USD/RUB exchange rate for tomorrow, July 16, 2019, we should expect an attempt to grow and test the support level near the area of 62.05 Rubles per US Dollar. Then, the rebound and the continued growth of the currency pair in the region above the level of…
Bitcoin BTC/USD are trading at 10,530 and continue to move as part of the correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $ 188 168 815 122. Moving averages indicate the presence of an upward trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for tomorrow, July 16, 2019, we should expect an attempt to decline and a test of the support level near the area 10225. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with…
Ethereum ETH/USD are trading at 227.72 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 $24 594 431 831. Moving averages indicate a short-term bearish trend in Ethereum. At the moment, we should expect an attempt to continue growth and test the upper boundary of the downward channel near the area of 260.00. Where can we expect a rebound again and the continuation of the fall in the rate of Ethereum with a potential target below the level of 160.00. Ethereum Forecast and ETH/USD…
Litecoin LTC/USD are trading at 89.42 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $5 686 316 455. 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 107.00. 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 16, 2019 In favor of…