Author: 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.

LTC/USD are traded at the level of 45.29 and continue to move as part of the growth and the ascending channel. Cryptocurrency capitalization Litecoin at the time of the publication of the forecast is $2 985 684 279. Moving averages indicate a short-term bullish trend for Litecoin. 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 decrease in the value of a digital asset and a test of the support…

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XRP/USD are trading at 0.2419 and continue to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $10 972 204 504. 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 develop a downward correction of a digital asset and a test of the support level near…

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Stock index S&P 500 continue to move within the framework of growth. At the time of the publication of the forecast, the index is trading at 3345. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the 3285 area. Where can we expect a rebound and continued growth in the S&P 500 quotes to the area above the 3525 level. S&P 500 Forecast and Analysis September 30, 2020 An additional signal in favor of raising the stock index quotes will be a test of the support line on…

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Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the downward channel. 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 Euro/US Dollar rate is 1.1663. As part of the Forex forecast for September 29, 2020, we should expect an attempt to grow and test the resistance level near the 1.1705 area. Further, the rebound…

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Currency pair Pound/Dollar GBP/USD continues to move as part of a strong correction. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.2865. 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 1.2945. Where again…

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Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the fall and the downward channel. Moving averages indicate a short-term bearish 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 in the value of the instrument. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7068. At the moment, we should expect an attempt to develop a bullish correction and test the resistance area near the level…

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Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue 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 Japanese Yen is 105.48. 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 Japanese Yen rate for September 26,…

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Brent continue to move within the beginning of growth and an upward channel. Here the ”Triangle” model is formed. At the time of the publication of the forecast, the price of Brent crude oil is $ 42.59 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices have broken the area between the signal lines up, which indicates pressure from the sellers of ”Black Gold” and a potential continuation of the fall in the value of the asset already from the current levels. At the moment, we should expect an attempt at correction and a test of the…

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Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and the ascending channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3372. 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 and a potential continuation of the growth of the price pair in the near future. At the moment, we should expect an attempt to develop a decline and a test of the support level…

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GOLD continue to move within the correction and the downward channel. At the time of the publication of the forecast, the price of GOLD is 1871 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices bounced off 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 growth and test the resistance level near the 1915 area. Where can we expect a rebound and the continuation of the fall in the…

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