GOLD continue to move within the correction and the upward channel. At the time of the publication of the forecast, the price of GOLD is 1885 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. 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 fall from the current levels. At the moment, we should expect an attempt to develop a correction and test the support level near the 1865 area. Where can we expect a rebound and a continued rise in the…
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.
Silver continue to move within the correction and the bullish channel. At the time of the forecast release, Silver prices are at 27.54. Dollars. Moving averages indicate a bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the growth 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 support level near the 26.55 area. Where can we expect a rebound and continued growth in the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the bearish channel. Moving averages indicate a short-term bullish 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 0.7191. At the moment, we should…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.8965. 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 sellers and a potential continuation of the fall in the asset value 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 the…
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 72.43. 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 9, 2021, we should expect an attempt to…
BTC/USD are trading at 32468 and continue to move as part of the fall and the downtrend channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $596,881,902,680. Moving averages indicate a short-term bearish trend for Bitcoin. Prices went down from the area between the signal lines down, 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, June 9, 2021, we should expect an attempt to develop a correction…
Ethereum are trading at 2444.93 and continue to move as part of the fall. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $278,839,956,092. Moving averages indicate a short-term bearish trend for Ethereum. Prices broke through the area between the signal lines downward, which indicates pressure from sellers and a potential continuation of the fall in the asset value from the current levels. At the moment, we should expect an attempt to develop the growth in the value of the coin and test the resistance level near the area of 2575.05. Where can…
XRP/USD are trading at 0.8296 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 $38,188,280,453. 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 level near…
Stock index S&P 500 continue to move within the correction 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 4221. At the moment, we should expect an attempt to develop a correction and test the support level near the 4205 area. Where can we expect a rebound…
LTC/USD are traded at 154.15 and continue to move within the fall and the downtrend channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $10,121,463,825. Moving averages indicate a short-term bearish 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 bullish correction in the value of a digital asset and a test of the resistance level near…