Silver continue to move as part of the development of a bullish correction and a downward channel. At the time of the publication of the forecast, the price of Silver is 18.12. Moving averages indicate a bearish trend. Prices have broken through the areas between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall in value already from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the metal and a test of the resistance level near the 18.65 area.…
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.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the development of the fall and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the currency pair and a potential continuation of the fall in the value of the instrument already from current levels. At the time of publication of the Forex forecast, the exchange rate of the New Zealand Dollar to the US Dollar is 0.6094.…
Currency pair Dollar Franc USD/CHF continues to move within the correction and the downward channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9807. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and a potential continued growth in the value of the asset already from current levels. At the moment, we should expect an attempt to develop the growth of the US Dollar against the…
Currency pair US Dollar/Russian Ruble USD/RUB ccontinues to move as part of the correction and the formation of the “Triangle” model, the price is testing the upper limit of this model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 58.30. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the US currency and a potential continuation of the growth of the US Dollar against the Russian Ruble. As part…
BTC/USD are trading at 19708 and continue to move as part of the development of the fall and the downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $378,665,218,751. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers of “Digital Gold” and a potential continuation of the fall in the value of the asset already from current levels. As part of the cryptocurrency rate forecast for tomorrow, September 6, 2022, we should expect an…
Ethereum are trading at 1569 and continue to move within the correction and left the bullish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $193,037,168,277. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a rise in the value of the coin and a test of…
XRP/USD are trading at 0.3207 and continue to move as part of the fall and left the bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $16,180,905,575. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall in the XRP rate on the market already from current levels. At the moment, we should expect an attempt to develop a correction of the asset…
LTC/USD are trading at 59.84 and continue to move as part of the correction and the formation of the “Wedge” reversal pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $4,275,060,125. Moving averages indicate the presence of a short-term sideways trend for Litecoin. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the digital asset…
Quotes of Natural Gas continue to move within the growth and bullish channel. At the time of publication of the forecast, the price of Natural Gas is $8.79. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which will indicate pressure from sellers and a continuation of the fall from current levels. At the moment, we should expect an attempt to develop a slight correction and a test of the support level near the 8.40 area. Further, the continuation of the growth of the gas rate to the area above the level…
DOGE/USD are trading at 0.0619 and continue to move as part of the fall and the downward channel. Moving averages indicate a short-term bullish trend for Dogecoin. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a correction in the value of the digital asset and a test of the resistance level near the 0.0645 area. Where can we expect a rebound down again and a continuation of the fall of…