BTC/USD are traded at the level of 10678 and continue to move as part of the growth and the formation of the “Wedge” reversal pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $197 736 006 264. Moving averages indicate a short-term bearish trend for Bitcoin. Prices are testing the area between the lines, which indicates pressure from the sellers of Digital Gold and a potential continuation of the fall in the value of the asset. As part of the cryptocurrency rate forecast for tomorrow, September 15, 2020, we should expect an attempt to develop…
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.
ETH/USD are trading at 375.56 and continue to move as part of the growth and the ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $42 462 251 191. Moving averages indicate a short-term bullish trend for Ethereum. Prices have broken through the areas 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…
LTC/USD are trading at 48.55 and continue to move as part of the fall and the formation of the “Wedge” reversal pattern. Cryptocurrency capitalization Litecoin at the time of the publication of the forecast is $3 211 309 929. Moving averages indicate a short-term bearish trend for Litecoin. 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 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 0.2425 and continue to move as part of the fall and the formation of the “Wedge” pattern. Cryptocurrency capitalization Ripple at the time of the publication of the forecast is $11 079 200 431. 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 continue the development of the downward correction of the digital asset and test the support level near the 0.2235…
Stock index S&P 500 continue to move within the correction. At the time of the publication of the forecast, the index is trading at 3391. At the moment, we should expect an attempt to develop a bullish correction and test the resistance level near the 3405 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 3225. S&P 500 Forecast and Analysis September 16, 2020 An additional signal in favor of falling stock index quotes will be a test of the resistance line on the…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1834 area. The pair continues to move as part of the correction and the formation of another “Head and Shoulders” reversal pattern. Moving averages indicate a bullish trend for the pair. Prices broke through the area between the signal lines upwards and went far from the indicator lines, which indicates strong 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 1.1885.…
BRENT finish the trading week near the area of $ 39.77 per barrel. And it continues to move within the fall and the downtrend channel. Moving averages indicate a bearish trend. Prices pushed down from the area between the signal lines, which indicates pressure from sellers of raw materials 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 34.75. Then, a rebound and continued growth of oil to the area above the level of $ 64.25 per barrel. BRENT…
Currency pair Pound Dollar GBP/USD ends the trading week near the area of 1.2828. The pair continues to move within the fall and the formation of an 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 continue growth and test the resistance area near the level of 1.3285. Further, the rebound and the beginning of the…
Currency pair US Dollar to Russian Ruble USD/RUB ends the trading week near the level of 74.84 rubles per US dollar. The pair continues to move within the framework of the growth and the ascending channel. Moving averages indicate a bullish trend. Prices moved up from the area between the signal lines, which indicates pressure from US dollar buyers. In the current trading week September 14 — 18, 2020 we should expect an attempt to develop growth and test the resistance area near the level of 76.65. Where can we expect a rebound and the beginning of a fall in…
Currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the 0.7287 area. The pair continues to move as part of the growth and the formation of the bearish Wedge pattern. Moving averages indicate a bullish trend. Prices have gone far up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continued growth in the value of the currency pair. At the moment, we should expect an attempt to continue the development of growth and test the resistance area near the level of 0.7445. Then, a rebound and…