XRP/USD are trading at 0.2658 and continue to move within the correction and the upward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $12 351 025 244. Moving averages indicate a short-term bullish trend for Ripple. Prices are testing the area between the signal lines, which indicates pressure from buyers of the asset and potential continued growth. At the moment, we should expect an attempt to develop a downward correction of a digital asset and a test of the support level near the 0.2585 area. Further, the cryptocurrency will continue to grow to 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.
Stock index S&P 500 continue to move as part of the correction and the formation of the “Triangle” model. At the time of the publication of the forecast, the index is trading at the level of 3551. At the moment, we should expect an attempt to develop a downward correction and test the support level near the 3545 area. Where can we expect a rebound and continued growth of the S&P 500 quotes to the area above the level of 3595. S&P 500 Forecast and Analysis September 3, 2020 An additional signal in favor of the growth of the stock…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the upward channel. As you can see, the sellers were unable to work out the “Head and Shoulders” reversal pattern, which indicates the weakness of the bears. 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 sellers of the European currency and a potential continuation of growth from the current levels. At the time of the publication of the forecast, the EUR/USD rate is 1.1942. As part of the Forex forecast for…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the “Wolfe Wave” reversal pattern at higher time intervals. At the time of the publication of the forecast, the Pound/US Dollar rate on Forex is 1.3418. Moving averages indicate a short-term bullish trend. Prices bounced off the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the asset’s growth. At the moment, we should expect an attempt to continue the growth of the British Pound against the US Dollar and test the resistance area…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth. Moving averages indicate a short-term bullish trend. Prices moved up from the area between the signal lines, which indicates strong pressure from buyers of the currency pair and a potential continued growth. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7373. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 0.7405. Further, the rebound and the continuation of the fall in…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of the “Triangle” model. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 106.00. Moving averages indicate a short-term bearish trend for the pair. However, the area between the signal lines is being tested, which indicates pressure from the sellers of the US Dollar and a potential continuation of the fall in prices. As part of the forecast for the Japanese Yen exchange rate for September 2,…
Brent continue to move within the correction and the ascending channel, here the “Triangle” model is formed. At the time of the publication of the forecast, the price of Brent crude oil is $ 45.94 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are retesting the area between the signal lines, which indicates pressure from buyers of “Black Gold” and a potential continuation of the rise in the value of the asset. At the moment, we should expect an attempt to reduce and test the support level near the area of $ 45.45 per barrel. Further,…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of a decline and a downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3057. 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 sellers and a potential continuation of the fall in prices in the near future. At the moment, we should expect an attempt to develop a fall and a test of the support level near the…
GOLD continue to move as part of the correction and the formation of the “Triangle” pattern. At the time of the publication of the forecast, the price of GOLD is 1972 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices bounced off the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall. At the moment, we should expect an attempt to develop growth and test the resistance level near the 1985 area. Where can we expect a rebound and the continued fall in the price of…
Silver continue to move as part of the correction and the formation of a large “Triangle” pattern. At the time of the publication of the forecast, Silver prices are at $ 28.44. Moving averages indicate a bullish 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 asset’s value growth. At the moment, we should expect an attempt to develop a bullish correction in the value of the metal and a test of the resistance level near the 28.75 area. Where can we expect a…