Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and the beginning of the development of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 72.47. Moving averages indicate a short-term bullish trend. Prices have moved away from the area between the signal lines, which indicates pressure from buyers of the American currency and a potential continued growth. As part of the forecast for the Dollar on July 30, 2020, we should expect an attempt to develop a decline 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.
BTC/USD are trading at 11216 and continue to move as part of the growth and formation of the «Triangle» pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $207 272 486 508. Moving averages indicate a short-term bullish trend for Bitcoin. Prices moved up from the area between the lines, which indicates pressure from buyers of Digital Gold and a potential continued growth in the value of the asset. As part of the cryptocurrency rate forecast for tomorrow, July 30, 2020, we should expect an attempt to develop a downward correction in the value of…
ETH/USD are trading at 321.54 and continue to move as part of the growth and the ascending channel. Cryptocurrency capitalization Ethereum at the time of the publication of the forecast is $36 126 437 843. Moving averages indicate a short-term bullish trend for Ethereum. Prices pushed up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the rise in the value of the asset. At the moment, we should expect an attempt to correct the value of the coin and test the support level near the area of 295.05. Where can we…
LTC/USD are trading at 55.20 and continue to move as part of the growth and the ascending channel. Cryptocurrency capitalization Litecoin at the time of the publication of the forecast is $3 609 909 784. Moving averages indicate a short-term bullish trend for Litecoin. Prices pushed up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continued growth. At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the support level near the 51.25 area. Where can we…
XRP/USD are trading at 0.2357 and continue to move within the growth and upward channel. Cryptocurrency capitalization Ripple at the time of the publication of the forecast is $10 757 957 780. Moving averages indicate a short-term bullish trend for Ripple. Prices bounced off the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise. At the moment, we should expect an attempt to develop a correction of a digital asset and a test of the support level near the 0.2155 area. Further, the cryptocurrency will continue to grow to…
Stock index S&P 500 continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the index is trading at the level of 3241. At the moment, we should expect an attempt to develop a bullish correction and test the resistance level near the 3255 area. Where can we expect a rebound and the continuation of the fall in the S&P 500 quotes to the area below the level of 3145. S&P 500 Forecast and Analysis July 30, 2020 In favor of falling stock…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the ascending channel. Moving averages indicate a short-term bullish trend for the pair. Prices have moved far higher again from the area between the signal lines, which indicates pressure from buyers of the European currency and a potential continuation of the growth of the European currency. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.1736. As part of the Forex forecast for July 29, 2020, we should expect an attempt to continue growth and test the resistance level near the 1.1585…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth. Despite the cancellation of the formation of the «Head and Shoulders» reversal pattern, the potential for the bearish «Wolfe Wave» pattern still remains. At the time of the publication of the forecast, the British Pound/US Dollar rate on Forex is 1.2881. 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and the ascending channel. Moving averages indicate a short-term bullish trend. Prices pushed up from the area between the signal lines, which indicates pressure from buyers of the currency pair. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7143. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 0.7195. Further, the rebound and the continuation of the fall in quotations to…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of a strong fall in the bearish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 105.09. Moving averages indicate a short-term bearish trend for the pair. Prices have moved far down from the area between the signal lines, which indicates pressure from US Dollar sellers and a potential continuation of the price decline. As part of the forecast for the Japanese Yen rate for July 29, 2020, we should expect an…