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 75.23. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of the American currency and potential continued growth. As part of the dollar exchange rate forecast for September 18, 2020, we should expect an attempt to develop growth and test the resistance level near…
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 trading at 10812 and continue to move as part of the growth, however, buyers have not yet been able to break through the important resistance area at 11000. Cryptocurrency capitalization Bitcoin at the time of the publication of the forecast is $201 126 163 846. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are testing the area between the lines, which indicates pressure from the sellers of Digital Gold and a potential continuation of the fall in the value of the asset. As part of the cryptocurrency rate forecast for tomorrow, September 18,…
ETH/USD are traded at 378.02 and continue to move as part of the growth and formation of the “Triangle” pattern. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $43 021 893 282. Moving averages indicate a short-term bullish trend for Ethereum. Prices are testing the areas between the signal lines, which indicates pressure from buyers and a potential continuation of the growth of the asset value from the 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 level…
LTC/USD are traded at the level of 47.90 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 $3 179 357 818. Moving averages indicate a short-term bearish trend for Litecoin. 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 from the current levels. At the moment, we should expect an attempt to develop a decrease in the value of a digital asset and…
XRP/USD are trading at 0.2475 and continue to move as part of the fall and the formation of the “Wedge” pattern. Cryptocurrency capitalization Ripple at the time of the publication of the forecast is $11 297 657 815. 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 0.2175…
Stock index S&P 500 continue to move within the correction and the upward channel. Here the ”Triangle” model is formed. At the time of the publication of the forecast, the index is trading at the level of 3338. At the moment, we should expect an attempt to develop a downward correction and test the support level near the 3285 area. Where can we expect a rebound and continued growth of the S&P 500 quotes to the area above the level of 3575. S&P 500 Forecast and Analysis September 18, 2020 An additional signal in favor of falling stock index quotes…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. Moving averages indicate a short-term bearish trend for the pair. Prices are testing 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 EUR/USD rate is 1.1860. As part of the Forex forecast for September 16, 2020, we should expect an attempt to grow and test the resistance level near the…
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 rate of the Pound to the US Dollar on FOREX is 1.2857. 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 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…
Currency pair Australian Dollar to US Dollar AUD/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 bullish trend. Prices have broken the area between the signal lines up, which indicates pressure from buyers of the currency pair and a potential continuation of the asset’s growth. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7287. At the moment, we should expect an attempt to develop a bullish correction and test the resistance area…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall and the beginning of the development of the “Triangle” model. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 105.67. 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 US Dollar and a potential continuation of the fall in prices from the current levels. As part of the forecast for the…