Author: forex24pro

Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the bullish channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9152. Moving averages indicate a short-term bullish trend for the pair. Prices are 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 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 growth and broke through the upward channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 74.72. 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 July 9, 2021, we should expect an attempt to…

BTC/USD are trading at 32511 and continue to move as part of the fall and the beginning of the development of the “Triangle” model. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 611,804,826,220. Moving averages indicate a short-term sideways trend in Bitcoin. Prices have broken the area between the signal lines upwards, which indicates pressure from buyers of “Digital Gold” and a 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, July 9, 2021, we…

Ethereum are trading at the level of 2140.42 and continue to move as part of the fall and the beginning of the development of the “Wedge” reversal pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $ 250,240,495,982. Moving averages indicate a short-term bullish trend for Ethereum. Prices went down from the area between the signal lines, which indicates pressure from sellers 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 the growth of the coin’s…

XRP/USD are trading at 0.6090 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 $ 28,696,649,179. Moving averages indicate a short-term bearish 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 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 within the fall and the bullish channel. Moving averages indicate a short-term 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 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 4281. At the moment, we should expect an attempt to develop a rise and test the resistance level near the 4325 area. Where can we expect a rebound…

LTC/USD are traded at 129.79 and continue to move as part of the fall and the beginning of the “Triangle” pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 8,696,006,455. Moving averages indicate a short-term bullish 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 correction in the value of a digital asset and a test…

Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices went down from 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 1.1825. As part of the Forex forecast for July 7, 2021, we should expect an attempt to develop a slight bullish correction and a test of the…

Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the downward channel. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3802. Moving averages indicate a short-term bearish trend. Prices are testing 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 of the resistance…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the downward 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 0.7494. At the moment, we should expect an attempt to develop a rise and test…