Author: forex24pro

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 pushed 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 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 0.6979. At the moment, we should expect…

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 0.9236. 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…

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 72.85. 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 1, 2021, we should expect an attempt to develop…

BTC/USD are trading at 34815 and continue to move as part of the correction and the downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $650,577,809,072. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are again testing the area between the signal lines, 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 1, 2021, we should expect an attempt to develop a…

Ethereum are traded at the level of 2148.95 and continue to move as part of the correction and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $250,595,710,145. Moving averages indicate a short-term bearish trend for Ethereum. 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 the growth of the coin’s value and test the resistance level near…

XRP/USD are trading at 0.6648 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 $30,724,121,041. 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 the 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…

Stock index S&P 500 continue to move within the framework of growth and a 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 4283. At the moment, we should expect an attempt to develop a correction and test the support level near the 4275 area. Where can…

LTC/USD are traded at 140.62 and continue to move as part of the correction and the formation of the “Wedge” reversal pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $9,296,343,546. Moving averages indicate a short-term bearish trend for Litecoin. Prices have broken the area between the signal lines upwards, which indicates pressure from the 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 correction in the value of a digital asset and a test…

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 again pushed away 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 1.1906. As part of the Forex forecast for June 29, 2021, we should expect an attempt to develop a bullish correction and a test of the…

Currency pair Pound/Dollar GBP/USD continues to move as part of the correction 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 1.3886. 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 currency pair and a 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…