LTC/USD are trading at 61.74 and continue to move as part of the growth, and were also able to break through the upper border of the descending channel. Cryptocurrency capitalization Litecoin at the time of the publication of the forecast is $4 126 652 275. Moving averages indicate a short-term bullish trend for Litecoin. Prices broke through the area between the signal lines upward, 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…
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.
XRP/USD are trading at 0.2866 and continue to move as part of the growth and the downward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $13 180 028 573. Moving averages indicate a short-term bullish trend for Ripple. Prices have broken the area between the signal lines upward, which indicates pressure from buyers of the asset and a 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 0.2755 area. Further, the cryptocurrency will continue…
Stock index S&P 500 continue to move as part of the correction and the formation of the “Triangle” model. At the time of the publication of the forecast, the index is trading at 3509. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the 3485 area. Where can we expect a rebound and continued growth in the S&P 500 quotes to the area above the 3575 level. S&P 500 Forecast and Analysis September 2, 2020 An additional signal in favor of the growth of the stock exchange index…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the European currency and a potential continuation of the fall from the current levels. At the time of the publication of the forecast, the EUR/USD rate is 1.1980. As part of the Forex forecast for September 1, 2020, we should expect an attempt to grow and test the resistance level near the…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the “Wolfe Wave” reversal pattern at higher time intervals. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3366. Moving averages indicate a short-term bullish trend. Prices bounced off the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the asset’s growth. At the moment, we should expect an attempt to continue the growth of the British Pound against the US Dollar…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of strong growth. Moving averages indicate a short-term bullish trend. Prices moved up from the area between the signal lines, which indicates strong pressure from buyers of the currency pair and a potential continued growth. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7377. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 0.7405. Further, the rebound and the continuation of the fall in…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of the bullish ”Wolfe Wave” pattern. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 106.88. Moving averages indicate a short-term bearish trend for the pair. However, the area between the signal lines is being tested, which indicates pressure from the sellers of the US Dollar and a potential continuation of the fall in prices. As part of the forecast for the Japanese Yen exchange rate for…
Brent continue to move within the correction and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 45.56 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are again testing the area between the signal lines, which indicates pressure from buyers of “Black Gold” and a potential continuation of the asset’s price growth. At the moment, we should expect an attempt to reduce and test the support level near the area of $ 44.65 per barrel. Further, the continued growth of the oil rate to the area…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of a decline and a downward channel, buyers have not been able to reverse the pair. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3036. Moving averages indicate a short-term bearish trend for the pair. Prices pushed down from the area between the signal lines, which indicates pressure from sellers and a potential continuation of the price decline in the near future. At the moment, we should expect an attempt to develop a fall and…
GOLD continue to move as part of the correction and the formation of the “Triangle” pattern. At the time of the publication of the forecast, the price of GOLD is 1967 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices bounced off the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall. At the moment, we should expect an attempt to develop growth and test the resistance level near the 1970 area. Where can we expect a rebound and the continuation of the fall in the…