XRP/USD are trading at 0.1968 and continue to move as part of a strong upward correction and a downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 873 672 839. Moving averages indicate the presence of a short-term bearish 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…
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.
Stock index S&P 500 continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the index is trading at 3156. At the moment, we should expect an attempt to continue the development of a downward correction and test the support level near the area of 3115. Where can we expect a rebound and continued growth of S&P 500 quotes in the area above the level of 3305. S&P 500 Forecast and Analysis July 10, 2020 A test of the support line on the relative strength index (RSI) will be…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the upward channel. Moving averages indicate a short-term bullish trend for the pair. Prices have moved away from the area between the signal lines, indicating pressure from buyers of the European currency and the potential continued growth of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1334. As part of the Forex forecast for July 9, 2020, we should expect an attempt to develop a fall and test the support level near the 1.1285 area. Further, the rebound and…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2615. Moving averages indicate a short-term bullish trend. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of the currency pair. At the moment, we should expect an attempt to develop a depreciation of the British Pound against the US Dollar and a test of the support area near the level of 1.2510. Where again we should expect a rebound and continued growth…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and the beginning of the development of the Triangle model. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from buyers of the currency pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6980. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.6920. Further, the rebound and continued growth of quotations to the area above…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.23. Moving averages indicate a short-term bullish trend for the pair. Prices pierced the area between the signal lines down, indicating pressure from buyers of the US Dollar and the potential continuation of price increases. As part of the forecast for the Japanese Yen on July 9, 2020, we should expect an attempt to develop a…
Brent continue to move as part of the correction and formation of the Triangle model. At the time of the publication of the forecast, the price of Brent crude oil is $ 43.27 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are testing the area between the signal lines, which indicates pressure from the buyers of Black Gold 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 and a test of the support level near the region of 42.05 dollars…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the development of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3505. Moving averages indicate a short-term bearish trend for the pair. Prices have gone down from the area between the signal lines, which indicates pressure from sellers and the continued fall in prices in the near future. At the moment, we should expect an attempt to develop correction and test the resistance level…
GOLD continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of GOLD is 1809 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 1785. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1895.…
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 18.71 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 18.15. Where can we expect a rebound and…