Author: forex24pro

Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the formation of another ”Triangle” pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9193. 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 a fall in the US…

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 72.80. 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 15, 2021, we should expect an attempt to…

BTC/USD are trading at 46515 and continue to move as part of the correction and the bullish channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $879,120,949,607. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are again testing the area between the signal lines, which indicates pressure from buyers of ”Digital Gold” and a potential continuation of the growth of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, September 15, 2021, we should expect an attempt to develop a growth in the…

Ethereum are trading at 3342 and continue to move as part of the correction and the bullish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $396,981,155,475. Moving averages indicate a short-term bullish trend for Ethereum. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the asset’s price growth from the current levels. At the moment, we should expect an attempt to develop the growth in the value of the coin and test the resistance level near the area of ​​3505.…

XRP/USD are trading at 1.0690 and continue to move within the correction and the bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $50,396,326,035. Moving averages indicate a short-term bullish trend for Ripple. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the XRP rate growth in the market already from current levels. At the moment, we should expect an attempt to develop an asset correction and a test of the support level near the 0.9955 area.…

Stock index S&P 500 continue to move within the fall and the bullish channel. Moving averages indicate a short-term uptrend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise 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 the level of 4450. At the moment, we should expect an attempt to develop a decline and test the support level near the 4405 area. Where can we expect a…

LTC/USD are traded at 180.01 and continue to move within the correction and the bullish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $12,256,061,200. Moving averages indicate a short-term bullish trend for Litecoin. Prices are testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise from the current levels. At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the support level near the area of…

Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1834 area. The pair continues to move within the framework of the correction and the beginning of the development of the large “Head and Shoulders” reversal pattern. Moving averages indicate the presence of a bullish trend for the pair, however, most likely, this trend is coming to an end. 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…

BRENT finish the trading week near the area of ​​$ 72.71 per barrel. And the inverted ”Head and Shoulders” reversal pattern continues to move within the framework of the rise and formation of the reversal pattern. Moving averages indicate a bullish trend. Prices moved up from the area between the signal lines, which indicates pressure from buyers of raw materials and a potential continuation of the rise. At the moment, we should expect an attempt to develop a decline and a test of the support area near the level of 69.50. Then, the rebound and the continuation of the fall…

Currency pair Pound Dollar GBP/USD ends the trading week near the 1.3870 area. The pair continues to move as part of the correction and the formation of the ”Triangle” pattern. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the rise in the British Pound against the US Dollar at current levels. At this point, we should expect an attempt to rise and test the resistance area near the level of 1.3975. Further, a rebound down and the beginning of the fall in the Pound/Dollar quotes to the area…