Author: forex24pro

Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2454. Moving averages indicate a short-term bullish trend for the pair. Prices are pushing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the rise in the pair of prices in the near future. At the moment, we should expect an attempt to develop a fall and a test of the support level…

GOLD continue to move as part of the rise and the bullish channel. At the time of the publication of the forecast, the price of GOLD is 1828 Dollars per Troy Oz. 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 from the current levels. At the moment, we should expect an attempt to develop a decline and test the support level near the 1810 area. Where can we expect a rebound and a continued rise in…

Silver continue to move as part of the correction and the formation of a “Double Bottom” reversal pattern. At the time of this forecast, Silver prices are at 26.33. Moving averages indicate a bearish trend. Prices broke through the area between the signal lines upward, which indicates pressure from the buyers of the asset and a potential continuation of the rise in value already 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 area of ​​25.95. Where can…

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the formation of the “Triangle” pattern. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from sellers of the currency pair and the potential continuation of the fall in the value of the instrument already from the current levels. tomorrow, a rebound is expected and an attempt to continue the fall of the currency pair to the area below the level of 0.6795.…

Currency pair Dollar Franc USD/CHF continues to move as part of the correction 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 0.9168. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset from the current levels. At the moment, we should expect an attempt to develop a depreciation of the US Dollar against the Swiss Franc…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 73.98. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, 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 15, 2021, we should expect an attempt to develop a…

BTC/USD are trading at 32357 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 $614,825,259,008. Moving averages indicate a short-term sideways trend in Bitcoin. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers 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 15, 2021, we should expect an attempt to develop…

Ethereum are trading at 1944.73 and continue to move as part of the fall and the downtrend channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $232,505,280,196. Moving averages indicate a short-term bearish 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 value and test the resistance level near the area of ​​2005.05.…

XRP/USD are trading at 0.5971 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 $28,446,666,835. Moving averages indicate a short-term bearish trend for Ripple. Prices are again 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 an asset correction and test the resistance level near the 0.6255…

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 exchange index in the market from the current levels. At the time of the publication of the forecast, the index is trading at 4378. At the moment, we should expect an attempt to develop a decline and test the support level near the 4325 area. Where can we…