Author: forex24pro

Stock index S&P 500 continue to move within the framework of the growth and the bullish channel. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines upward, 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 4375. At the moment, we should expect an attempt to develop a decline and test the support level near the 4365 area. Where can we expect…

LTC/USD are traded at 132.44 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 $8,847,733,804. Moving averages indicate a short-term bearish trend for Litecoin. Prices went down from the area between the signal lines, 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 a test of the resistance level near the…

Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the European currency and a potential continuation of the fall in quotations from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.1851. As part of the Forex forecast for July 13, 2021, we should expect an attempt to develop a slight bullish correction and a test of the resistance…

Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the “Triangle” model. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3850. Moving averages indicate a short-term bearish trend. Prices broke up the area between the signal lines, which indicates pressure from the sellers of the currency pair and the potential continuation of the fall of the instrument. At the moment, we should expect an attempt at a bullish correction of the British Pound against the US Dollar and a test…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of a decline and a bearish channel. Moving averages indicate a short-term bearish trend. Prices went down from the area between the signal lines, 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 forecast, the rate of the Australian Dollar to the US Dollar is 0.7462. At the moment, we should expect an attempt to develop a rise and test…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and left the bullish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 110.21. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from US Dollar buyers and a potential continuation of the rise in prices from the current levels. As part of the forecast for the Japanese Yen rate for July 13, 2021, we should…

Brent continue to move as part of the correction and the formation of an inverted head and shoulders pattern. At the time of the publication of the forecast, the price of Brent crude is $ 74.44 per barrel. Moving averages indicate a short-term sideways trend in oil. Prices are again testing the area between the signal lines, which indicates pressure from buyers of “Black Gold” and a potential continuation of the rise in the asset value from the current levels. At the moment, we should expect an attempt to develop a correction and a test of the support level near…

Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and the bullish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2500. Moving averages indicate a short-term bullish trend for the pair. Prices broke through the areas between the signal lines upward, which indicates pressure from buyers and a potential continuation of the price pair’s growth in the near future. At the moment, we should expect an attempt to develop a fall and a test of the support level near the…

GOLD continue to move as part of the correction and the formation of the “Triangle” pattern. At the time of the publication of the forecast, the price of GOLD is 1801 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices are pushing the area between the signal lines, 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 decline and test the support level near the 1790 area. Where can we expect a rebound and a…

Silver continue to move within the decline and the descending channel. At the time of the forecast release, Silver prices are set at 25.96. 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 correction in the value of the metal and a test of the resistance level near the 26.45 area. Where can we expect a rebound and the continuation…