Author: forex24pro

GOLD continue to move within the fall and the downtrend channel. At the time of the publication of the forecast, the price of GOLD is 1785 Dollars per Troy Oz. Moving averages indicate a short-term 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 from the current levels. At the moment, we should expect an attempt to develop a correction and test the support level near the 1770 area. Where can we expect a rebound and a continued rise in the…

Silver continue to move within the fall and left the bullish channel. At the time of this forecast, Silver prices are set at 25.98. Moving averages indicate a bullish 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 26.55 area. Where can we expect a rebound and the continuation…

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the downward 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 0.6980. At the moment, we should…

Currency pair Dollar Franc USD/CHF continues to move as part of the correction after strong growth. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9200. 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 asset’s price growth from the current levels. At the moment, we should expect an attempt to develop a depreciation of the US Dollar against the Swiss Franc and a test of…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall 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 73.13. Moving averages indicate a short-term bullish trend. Prices have broken the area between the signal lines upward, which indicates pressure from buyers of the US currency and a potential continuation of the rise in the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for June 23, 2021, we should expect an attempt to develop…

BTC/USD are trading at 31579 and continue to move as part of the fall and the downtrend channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $589,746,858,866. Moving averages indicate a short-term bearish trend for Bitcoin. Prices went down from the area between the signal lines, which indicates pressure from the sellers of “Digital Gold” and the potential continuation of the fall in the value of the asset already from the current levels. As part of the cryptocurrency rate forecast for tomorrow, June 23, 2021, we should expect an attempt to develop…

Ethereum are trading at the level of 1886.31 and continue to move as part of the decline and the beginning of the development of the “Triangle” model. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $218,197,719,453. Moving averages indicate a short-term bearish trend for Ethereum. Prices push off 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 the growth in the value…

XRP/USD are trading at 0.5620 and continue to move within the fall and the downtrend channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $26,355,840,600. Moving averages indicate a short-term bearish trend for Ripple. 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 XRP rate decline in the market already from the current levels. At the moment, we should expect an attempt to develop a bullish correction of the asset and a test of the resistance…

Stock index S&P 500 continue to move within the framework of the growth and the bullish channel. Moving averages indicate a short-term bearish 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 the level of 4214. At the moment, we should expect an attempt to develop a correction and test the support level near the 4195 area. Where…

LTC/USD are traded at 117.88 and continue to move within the fall and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $7,753,975,695. Moving averages indicate a short-term bearish 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 correction in the value of a digital asset and a test of the resistance level near the…