Author: forex24pro

Currency pair Dollar Franc USD/CHF continues to move as part of the growth and the ascending channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9200. Moving averages indicate a short-term bullish trend for the pair. Prices bounced off the area between the signal lines, which indicates pressure from buyers and a potential continuation of the asset’s value growth from current levels. At the moment, we should expect an attempt to develop a correction in the US Dollar rate against the Swiss Franc and a test of…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of a large “Wedge” reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 76.13. Moving averages indicate a short-term bullish trend. Prices bounced off the area between the signal lines, which indicates pressure from buyers of the US currency and a potential continued growth of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for September 23, 2020, we should expect an attempt…

BTC/USD are trading at 10448 and continue to move as part of the correction. Buyers still could not break through the important resistance area of ​​11000, with the breakdown of this level, a good rise in the asset to the local maximum is expected. At the same time, the quotes were unable to break through the support area of ​​10,000, which would indicate a renewed strong bearish momentum. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $193 709 951 479. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have broken through the area…

ETH/USD are trading at 378.02 and continue to move as part of the correction and the formation of the “Triangle” pattern. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $38 558 883 134. 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 current levels. At the moment, we should expect an attempt at a bearish correction in the value of the coin and a test of the support…

LTC/USD are traded at 43.71 and continue to move as part of the correction and the formation of the “Wedge” reversal pattern. Cryptocurrency capitalization Litecoin at the time of the publication of the forecast is $2 883 392 578. 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 decrease in the value of a digital asset and a test…

XRP/USD are trading at 0.2291 and continue to move as part of the correction and the formation of a bullish “Wedge” pattern. Cryptocurrency capitalization Ripple at the time of the publication of the forecast is $10 454 240 822. 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 fall. At the moment, we should expect an attempt to continue the development of the downward correction of the digital asset and test the support level near the…

Stock index S&P 500 continue to move as part of the fall, quotes were able to break through the lower border of the ascending channel, which indicates strong pressure from sellers of the index. At the time of the publication of the forecast, the index is trading at 3277. At the moment, we should expect an attempt to develop a bullish correction and test the resistance level near the 3340 area. Where can we expect a rebound and the continuation of the fall in the S&P 500 quotes to the area below 3005. S&P 500 Forecast and Analysis September 23,…

The MetaTrader 4 platform is a reliable and popular trading platform internationally. Lots of forex traders use its widespread features, so much so that it has become a benchmark in online forex trading. It is a multi-asset trading platform, where you can trade in Forex, CFDs, commodities, stocks, and indices. Customers need to deposit funds in the account; however, there is a MetaTrader 4 minimum deposit. For many years now, reputed agents have been presenting MT4 to their customers as a substitute for their own patented trading platforms. MT4 offers advanced analytical capabilities, multi-device operability, and automated trading functions. Numerous brokers…

Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of a large reversal pattern “Head and Shoulders”. 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 from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.1851. As part of the Forex forecast for September 22, 2020, we should expect an attempt to grow and test the resistance…

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 Pound to US Dollar rate on Forex is 1.2935. 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 currency pair and a potential continuation of the fall of the asset. At the moment, we should expect an attempt to correct the British Pound against the US Dollar and test the resistance area near the level of 1.2975. Where…