Currency pair US Dollar/Russian Ruble USD/RUB 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 US Dollar to the Russian Ruble is 72.84. 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 US currency and the potential continued growth of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for December 18, 2020, we should expect an attempt to develop a correction and…
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 22674 and continue to move within the growth and ascending channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 422,536,714,418. Moving averages indicate a short-term bullish trend for Bitcoin. Prices went up from the area between the lines, which indicates pressure from buyers of Digital Gold and a potential continuation of the growth of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, December 18, 2020, we should expect an attempt to develop a slight correction in the value of…
Ethereum are trading at 663.09 and continue to move as part of the growth and the ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $ 75,489,551,673. Moving averages indicate a short-term bullish trend for Ethereum. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the rise in the asset value from the current levels. At the moment, we should expect an attempt to correct the value of the coin and test the support level near the 615.05 area. Where…
LTC/USD are traded at 85.23 and continue to move within the growth and ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 6,632,183,941. Moving averages indicate a short-term bullish trend for Litecoin. However, prices went up from 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 level near the 90.05…
XRP/USD are trading at 0.4892 and continue to move as part of strong growth and left the descending channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $ 25,770,821,034. Moving averages indicate a short-term downtrend in Ripple. However, prices broke through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continuation of the XRP rate growth in the market already from current levels. At the moment, we should expect an attempt to develop an asset correction and test the support level near the 0.5075 area. Further,…
Stock index S&P 500 continue to move as part of the growth and the beginning of the development of the “Triangle” model. At the time of the publication of the forecast, the index is trading at 3712. At the moment, we should expect an attempt to develop a correction and test the support level near the 3685 area. Where can we expect a rebound and a continued rise in the S&P 500 quotes to the area above the level of 3765. S&P 500 Forecast and Analysis December 18, 2020 An additional signal in favor of the growth of the stock…
Ethereum are traded at 621.58 and continue to move as part of the growth and formation of the “Triangle” pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $ 70,553,248,238. Moving averages indicate a short-term bullish trend for Ethereum. Prices are testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the rise in the asset value from current levels. At the moment, we should expect an attempt to correct the value of the coin and test the support level near the area of 565.95.…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the formation of the bearish “Wolfe Wave” pattern. Moving averages indicate a short-term 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 a potential continuation of growth from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.2185. As part of the Forex forecast for December 17, 2020, we should expect an attempt to grow and test the resistance level near the 1.2205…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and the formation of the “Double Top” reversal pattern. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3516. Moving averages indicate a short-term bullish trend. Prices went up from the area between the signal lines, which indicates pressure from buyers of the currency pair and the potential continued growth 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and the formation of the “Double Top” reversal pattern. Moving averages indicate a short-term bullish trend. Prices went up from the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the growth 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 0.7561. At the moment, we should expect an attempt to develop…