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…
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.
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…
Currency pair Pound/Dollar GBP/USD continues to move as part of the 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 1.2965. Where again should…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of a strong correction and a 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 0.7132. 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 a bullish correction and a downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 105.59. 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…
Brent continue to move as part of the beginning of the correction. Here the ”Triangle” model is formed. At the time of the publication of the forecast, the price of Brent crude oil is $ 42.20 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are again testing the area between the signal lines, which indicates pressure from sellers of “Black Gold” and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt at correction and a test of the support level near…
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 1.3381. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the price pair’s growth in the near future. At the moment, we should expect an attempt to develop a decline and test the support level near the 1.3355 area. Further,…