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 exchange rate of the US Dollar to the Swiss Franc is 0.9225. 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…
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.
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of another “Wolfe Wave” pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 76.66. 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 24, 2020, we should expect an attempt to…
BTC/USD are trading at 10481 and continue to move as part of the correction and the formation of a reversal pattern. 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 10000, which would indicate a renewed strong bearish momentum. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $193 614 973 211. Moving averages indicate a short-term bearish trend for…
ETH/USD are trading at 337.99 and continue to move as part of the correction and the formation of the “Triangle” pattern. Cryptocurrency capitalization Ethereum at the time of the publication of the forecast is $38 241 429 878. 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 44.14 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 $2 918 428 536. 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 0.2302 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 $10 462 389 022. Moving averages indicate a short-term bearish trend for Ripple. Prices moved down from 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 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 within the fall and the downtrend channel. At the time of the publication of the forecast, the index is trading at 3293. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance level near the 3365 area. Where can we expect a rebound and the continuation of the fall of the S&P 500 quotes to the area below the level of 3085. S&P 500 Forecast and Analysis September 24, 2020 An additional signal in favor of falling stock index quotes will be a test…
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the beginning of the development of a large reversal pattern “Head and Shoulders”. Moving averages indicate a short-term bearish trend for the pair. However, 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 EUR/USD rate is 1.1707. As part of the Forex forecast for September 23, 2020, we should expect an attempt to grow and…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and was able to leave the ascending channel. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on FOREX is 1.2722. 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 of the asset. At the moment, we should expect an attempt to correct the British Pound against the US Dollar and test the resistance…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the formation of a large “Head and Shoulders” reversal pattern. 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 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 0.7156. At the moment, we should expect an attempt to develop a bullish…