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 72.21. Moving averages indicate a short-term bearish trend. Prices have broken down 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 June 16, 2021, we should expect an attempt to…
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.
BTC/USD are traded at 40051 and continue to move as part of the growth and left the descending channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 749,736,536,835. Moving averages indicate a short-term bearish trend for Bitcoin. Prices are 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 from the current levels. As part of the cryptocurrency rate forecast for tomorrow, June 16, 2021, we should expect an attempt to develop…
Ethereum are traded at the level of 2555.41 and continue to move as part of the decline and the formation of the ”Triangle” pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $296,203,304,469. 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 of the coin…
XRP/USD are trading at 0.8537 and continue to move as part of the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $39,988,307,973. Moving averages indicate a short-term bearish trend for Ripple. Prices are testing 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 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 uptrend. Prices are testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the growth 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 4249. At the moment, we should expect an attempt to develop a correction and test the support level near the 4225 area. Where can we…
LTC/USD are traded at 174.02 and continue to move as part of the growth and the beginning of the ”Wedge” model development. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $11,604,868,512. Moving averages indicate a short-term bearish 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 growth 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…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.2165. The pair continues to move as part of the correction and the formation of a large “Double Top” reversal pattern. Moving averages indicate a bullish trend for the pair. Prices went up from the area between the signal lines, which indicates pressure from buyers of the European currency and the likely continuation of growth 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 1.2205. Where is the…
BRENT finish the trading week near the area of $ 72.62 per barrel. And it continues to move within the framework of the growth and upward channel. 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 fall and a test of the support area near the level of 65.25. Then, a rebound and continued growth of oil to the area above the level of $ 85.95 per…
Currency pair Pound Dollar GBP/USD ends the trading week near the area of 1.4160. The pair continues to move as part of the growth and the formation of the bearish ”Double Top” pattern. Moving averages indicate a bullish trend. Prices moved up from 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 grow and test the resistance area near the level of 1.4305. Further, the rebound and the beginning of the…
Currency pair US Dollar to Russian Ruble USD/RUB ends the trading week near the level of 71.61 rubles per US dollar. The pair continues to move within the framework of growth. Moving averages indicate a bullish trend. Prices have broken down the area between the signal lines, which indicates pressure from the US dollar sellers. In the current trading week June 14 — 18, 2021 we should expect an attempt to develop a correction and a test of the resistance area near the level of 72.95. Where can we expect a rebound and the continuation of the fall in the…