GOLD continue to move as part of the growth and formation of the «Triangle» model. At the time of the publication of the forecast, the price of GOLD is 1799 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from the buyers of the asset. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1795. Where can we expect a rebound and continued growth in the price of GOLD with a target above 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.
Silver continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Silver is 19.20 Dollars. Moving averages indicate a bullish trend. Prices pushed from the area between the signal lines, indicating pressure from buyers of the asset and the potential continuation of the growth in the value of the asset. At the moment, we should expect an attempt to develop a correction in the value of the metal and a test of the support level near the area of 18.85. Where can we expect a rebound and…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of growth and an upward channel. Here the «Head and Shoulders» reversal pattern is formed. Moving averages indicate a short-term bullish trend for the pair. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of the currency pair and the potential continuation of growth. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6577. At the moment, we should expect an attempt to…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the formation of the «Triangle» model. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9409. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from sellers and the potential continuation of the fall. At the moment, we should expect an attempt to increase the US dollar against the Swiss franc and test the resistance area near the level of…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall and the beginning of the development of the «Wedge» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 70.52. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of the American currency and the potential continuation of growth. As part of the forecast for the Dollar on July 14, 2020, we should expect an attempt to develop a bullish correction and…
BTC/USD are trading at 9289 and continue to move as part of the correction and the formation of the «Wedge» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $171 184 171 984. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices are testing the area between the lines, which indicates pressure from the buyers of Digital Gold and the potential continuation of the rise in the value of the asset. As part of the cryptocurrency rate forecast for tomorrow, July 14, 2020, we should expect an attempt to continue the…
ETH/USD are trading at 241.63 and continue to move as part of the bullish correction and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $27 125 063 392. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices broke through the area between the signal lines up, which indicates pressure from buyers and the potential continuation of the rise. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 245.05. Where again…
LTC/USD are trading at 44.49 and continue to move as part of the bullish correction and the downward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 909 291 959. Moving averages indicate the presence of a short-term sideways trend in Litecoin. Prices pierced the area between the signal lines up, which indicates pressure from the buyers of the asset and the potential continued growth. At the moment, we should expect an attempt to continue the correction of the value of the digital asset and a test of the resistance level near the area…
XRP/USD are trading at 0.2004 and continue to move as part of the upward correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 950 477 887. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices pierced the area between the signal lines up, which indicates pressure from the buyers of the asset and the potential continuation of growth. At the moment, we should expect an attempt to continue the correction of the digital asset and a test of the resistance level near the…
Stock index S&P 500 continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the index is trading at 3216. At the moment, we should expect an attempt to continue the development of the correction and test the support level near the area of 3165. Where can we expect a rebound and continued growth of S&P 500 quotes to the area above the level of 3315. S&P 500 Forecast and Analysis July 14, 2020 A test of the support line on the relative strength index (RSI) will be in favor…