GOLD continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the price of GOLD is 1770 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from asset buyers. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1750. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1835. XAU/USD Forecast 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.
Silver 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 price of Silver is 17.64 Dollars. Moving averages indicate a bullish trend. Prices pierced the area between the signal lines up, which indicates pressure from the 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 fall in the value of the metal and a test of the support level near the area of 17.55. Where…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the upward channel. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from buyers of the currency pair. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6405. At the moment, we should expect an attempt to fall and test the support level near the area of 0.6335. Further, within…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the downward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9503. Moving averages indicate a short-term bearish trend for the pair. Prices pushed from the area between the signal lines down, indicating pressure from the sellers and the potential continuation of the fall. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9525. Then, a rebound and…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 70.28. Moving averages indicate a short-term bearish trend. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the American currency. As part of the forecast for the Dollar on June 30, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 70.65 Rubles per US…
BTC/USD are trading at 9112 and continue to move as part of the correction. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $ 168 425 063 731. Moving averages indicate the presence of a short-term sideways trend for Bitcoin. Prices have pierced the area between the lines down, indicating pressure from the sellers of Digital Gold and the potential continuation of the fall in the value of the asset. As part of the cryptocurrency rate forecast for tomorrow, June 30, 2020, we should expect an attempt to develop a correction in the value of the…
ETH/USD are trading at 222.30 and continue to move as part of the fall and the downward channel. The Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $25 105 523 346. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices are testing the area between the signal lines down, which indicates pressure from sellers and the potential continuation of the fall. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 225.05. Where again we should expect…
LTC/USD are trading at 41.12 and continue to move as part of the fall and the beginning of the development of the «Triangle» model. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $2 689 514 038. Moving averages indicate the presence of a short-term bearish trend for Litecoin. Prices have pierced the area between the signal lines down, which indicates pressure from asset sellers. At the moment, we should expect an attempt to increase the value of the digital asset and test the resistance level near the area of 43.15. Where again we…
XRP/USD are trading at 0.1745 and continue to move as part of the fall and the beginning of the development of the «Triangle» model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $7 916 119 513. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are testing the area between the signal lines, indicating pressure from asset sellers. At the moment, we should expect an attempt to correct the digital asset and test the resistance level near the area of 0.1815. Further, the continuation of the fall of…
Stock index S&P 500 continue to move as part of a downward correction and the formation of the «Wedge» model. At the time of the publication of the forecast, the index is trading at 3029. 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 2985. Where can we expect a rebound and continued growth of S&P 500 quotes in the area above the level of 3215. S&P 500 Forecast and Analysis June 30, 2020 In favor of raising the quotes of the exchange index,…