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 1891 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices pushed 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 fall and a test of the support level near the 1860 area. Where can we expect a rebound and continued growth in…
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.
Silver continue to move within the bullish correction and the downward channel. At the time of publication of the forecast, Silver prices are at $ 24.07. 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 24.85. Where can we expect a rebound and the…
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 went down from 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 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 0.6594.…
Currency pair Dollar Franc USD/CHF continues to move within the framework of a strong fall and an upward channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9193. 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…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move within the framework of strong growth and an upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 78.94. 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 the potential continued growth of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for September 30, 2020, we should expect an attempt to develop a downward…
BTC/USD aare trading at 10784 and continue to move within the growth and ascending channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $199 176 415 560. Moving averages indicate a short-term bullish trend for Bitcoin. Prices went up from the area between the lines, which indicates pressure from buyers of Digital Gold and a potential continuation of the growth of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, September 30, 2020, we should expect an attempt to develop a downward correction in the value of a…
ETH/USD are trading at 357.28 and continue to move as part of the growth and formation of the ”Triangle” pattern. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $40 280 201 284. 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 the…
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…
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…
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…