Author: forex24pro

Silver continue to move within the fall and the downtrend channel. At the time of the forecast release, Silver prices are at 22.42. Moving averages indicate a bearish trend. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall in value from the current levels. At the moment, we should expect an attempt to develop a rise in the value of the metal and a test of the resistance level near the 23.15 area. Where can we expect a rebound and the continuation of…

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of a decline and a bearish channel. Moving averages indicate a short-term bearish trend for the pair. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall in the value of the instrument already from the current levels. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.7014. At the moment, we should…

Currency pair Dollar Franc USD/CHF continues to move as part of the growth and the formation of the bearish ”Wolfe Wave” pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9326. Moving averages indicate a short-term bullish trend for the pair. Prices broke through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of the rise in the value of the asset already from the current levels. At the moment, we should expect an attempt to develop the growth of…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 73.24. Moving averages indicate a short-term bearish trend. Prices moved down from the area between the signal lines, which indicates pressure from the sellers of the US currency and a potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for September 21, 2021, we should expect an attempt to…

BTC/USD are trading at 45624 and continue to move as part of the fall and the bullish channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $847,953,469,622. Moving averages indicate a short-term bullish trend for Bitcoin. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of ”Digital Gold” and a potential continuation of the fall in the value of the asset from the current levels. As part of the cryptocurrency rate forecast for tomorrow, September 21, 2021, we should expect an attempt to develop a…

Ethereum are trading at 3181 and continue to move as part of the fall and the formation of the “Head and Shoulders” reversal pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $369,361,754,940. Moving averages indicate a short-term bullish trend for Ethereum. Prices broke through the areas between the signal lines downward, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset already from the current levels. At the moment, we should expect an attempt to develop a correction in the value of the…

XRP/USD are trading at 0.9763 and continue to move as part of the fall and the beginning of the ”Triangle” pattern. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $45,183,663,663. Moving averages indicate a short-term bullish trend for Ripple. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the XRP rate decline in the market already from the current levels. At the moment, we should expect an attempt to develop an asset correction and test the resistance…

Stock index S&P 500 continue to move as part of the fall and left the bullish channel. Moving averages indicate a short-term uptrend. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall of the stock index in the market from the current levels. At the time of the publication of the forecast, the index is trading at 4376. At the moment, we should expect an attempt to develop a rise and test the resistance level near the 4445 area. Where can we expect…

LTC/USD are traded at 166.39 and continue to move as part of the fall and the beginning of the “Head and Shoulders” reversal pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $11,056,032,792. Moving averages indicate a short-term bullish trend for Litecoin. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a rise in the value of a digital asset and…

Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1728 area. The pair continues to move as part of the fall and the beginning of the development of the large “Head and Shoulders” reversal pattern. Moving averages indicate a sideways trend. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the European currency and the likely continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 1.1815. Where…