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 78.91. 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 29, 2020, we should expect an attempt to develop growth and…
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.
BTC/USD are trading at 10913 and continue to move as part of the growth and the ascending channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $201 599 451 652. 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 29, 2020, we should expect an attempt to develop a downward correction in the…
ETH/USD are traded at 362.86 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 $40 981 377 984. Moving averages indicate a short-term bullish trend for Ethereum. Prices broke through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of the asset’s price growth 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 support level near…
LTC/USD are traded at 46.30 and continue to move within the growth and ascending channel. Cryptocurrency capitalization Litecoin at the time of the publication of the forecast is $3 057 078 262. 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 level near the 45.05 area. Where…
XRP/USD aare traded at 0.2429 and continue to move as part of the correction and the formation of the ”Triangle” pattern. Cryptocurrency capitalization Ripple at the time of the publication of the forecast is $11 056 074 057. Moving averages indicate a short-term bullish trend for Ripple. Prices are testing the area between the signal lines, which indicates pressure from buyers of the asset and potential continued growth. 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 the 0.2385 area. Further, an upward rebound…
Stock index S&P 500 continue to move within the framework of the growth and the downward channel. At the time of the publication of the forecast, the index is trading at the level of 3336. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the 3265 area. Where can we expect a rebound and continued growth of the S&P 500 quotes to the area above the level of 3535. S&P 500 Forecast and Analysis September 29, 2020 An additional signal in favor of raising the stock index quotes…
Quotes of the New Zealand Dollar to US Dollar NZD/USD end the trading week near the 0.6584 area. Moving averages indicate a bullish trend for the pair. Prices are testing the areas between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to grow the currency pair on Forex and test the resistance area near the level of 0.6745. Then, a rebound and continuation of the fall of the currency pair with a potential target below the level of…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1676 area. The pair continues to move within the framework of the fall and the beginning of the development of the “Head and Shoulders” reversal pattern. Moving averages indicate a bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the European currency and the likely continuation of growth from the current levels. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 1.1785. Where is the rebound…
BRENT finish the trading week near the area of $ 42.61 per barrel. And it continues to move within the framework of the growth and the downward channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from commodity sellers and a potential continuation of the decline. At the moment, we should expect an attempt to develop a fall and a test of the support area near the level of 37.45. Then, a rebound and continued growth of oil to the area above the level of $ 65.46 per barrel.…
Currency pair Pound Dollar GBP/USD completes the trading week near the 1.2788 area. The pair continues to move as part of the fall and the formation of the inverted “Head and Shoulders” reversal pattern. Moving averages indicate a bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the rise in the British Pound against the US Dollar at current levels. At this point, we should expect an attempt to grow and test the resistance area near the level of 1.3045. Further, the rebound and the beginning of the…