Currency pair Dollar Franc USD/CHF continues to move within the correction and the bullish channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9605. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have gone down from 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 correction in the US Dollar…
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/Russian Ruble USD/RUB continues to move as part of the rise and left the limits of the descending channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 61.07. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the US currency and a potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the USD exchange rate forecast for June 2,…
BTC/USD are trading at 31,659 and continue to move as part of growth and have left the limits of the downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $594,081,623,752. Moving averages indicate the presence of a short-term downward trend for Bitcoin. Prices are again testing the area between the signal lines, 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, June 3, 2022, we…
Ethereum are trading at the level of 1955 and continue to move within the correction and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $231,044,591,050. Moving averages indicate 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 fall in the value of the coin and a test of the…
XRP/USD are trading at 0.4150 and continue to move within the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $19,936,126,725. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the decline 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 and a test…
LTC/USD are trading at 68.02 and continue to move within the correction and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $4,730,128,667. Moving averages indicate a short-term bearish trend for Litecoin. Prices are rebounding from the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop an increase in the value of a digital asset and a test of the resistance level near the 70.75 area.…
DOGE/USD are trading at 0.0868 and continue to move within the correction and the bearish channel. Moving averages indicate a short-term bearish trend for Dogecoin. 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 correction in the value of the digital asset and a test of the resistance level near the 0.0905 area. Where can we expect a rebound down again and a continuation of the fall of the…
SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00001181, they continue to move within the correction and the downward channel. Moving averages indicate the presence of a short-term downward trend for the coin. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the coin and a potential continuation of growth already from current levels. As part of the SHIB/USD rate forecast, it is worth considering an attempt to develop a correction in the value of a digital asset and a test of the…
Currency pair Euro/Dollar EUR/USD continues to move as part of the development of a bullish correction and a 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 up, which indicates pressure from buyers of the European currency and a potential continuation of the fall in asset quotes already from current levels. At the time of the publication of the forecast, the EUR/USD exchange rate is 1.0749. As part of the Forex forecast for June 1, 2022, we should expect an attempt to develop a…
Currency pair Pound/Dollar GBP/USD continues to move as part of the development of a bullish correction and the formation of the “Wedge” reversal pattern. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.2625. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument. At the moment, we should expect an attempt to develop a slight correction in the…