Silver continue to move within the fall and the descending channel. At the time of the publication of the forecast, Silver prices are at $ 23.25. Moving averages indicate a bearish trend. 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 to develop a bullish correction in the value of the metal and a test of the resistance level near the area of 24.75. Where can we expect a rebound and 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.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the formation of the “Head and Shoulders” reversal pattern. Moving averages indicate the presence of a short-term sideways trend in the pair. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the currency pair and the potential continuation of the fall of the instrument in the near future. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6604. At…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the upward channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9213. 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 the 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…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 77.57. Moving averages indicate a short-term bullish trend. Prices are again pushing the area between the signal lines, which indicates pressure from buyers of the American currency and a potential continuation of the growth of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for October 1, 2020, we should expect an attempt to develop…
BTC/USD are trading at 10685 and continue to move as part of the correction and the formation of the “Triangle” pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $198 203 048 894. Moving averages indicate a short-term bearish trend for Bitcoin. Prices are again testing the area between the lines, which indicates pressure from the sellers of Digital Gold and a potential continuation of the fall in the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, October 1, 2020, we should expect an attempt to develop a…
ETH/USD are trading at 353.82 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 $40 109 276 278. Moving averages indicate a short-term bearish trend for Ethereum. Prices are testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the fall in the value of the asset 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…
LTC/USD are traded at 45.61 and continue to move as part of the correction and the beginning of the “Wedge” model. Cryptocurrency capitalization Litecoin at the time of the publication of the forecast is $3 023 011 168. Moving averages indicate a short-term bearish trend for Litecoin. Prices are again 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 a test of…
XRP/USD are trading at 0.2375 and continue to move as part of the correction and the beginning of the development of the “Wedge” reversal pattern. Cryptocurrency capitalization Ripple at the time of the publication of the forecast is $10 845 859 444. 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…
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 3344. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the 3295 area. Where can we expect a rebound and continued growth in the S&P 500 quotes to the area above the level of 3495. S&P 500 Forecast and Analysis October 1, 2020 An additional signal in favor of raising the stock index quotes will be a test of the support line…
Currency pair Euro/Dollar EUR/USD continues to move as part of a strong correction and a 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 1.1741. As part of the Forex forecast for September 30, 2020, we should expect an attempt to grow and test the resistance level near the 1.1765 area. Further, the…