LTC/USD are trading at 42.20 and continue to move as part of the fall and the beginning of the development of the «Triangle» model. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 770 103 723. 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 42.85. Where again we should expect…
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 0.1795 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 $8 112 334 748. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices pierced the area between the signal lines down, 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 0.1830. Further, the continuation of the fall of…
Stock index S&P 500 continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the index is trading at 3033. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the area of 3020. Where can we expect a rebound and continued growth of S&P 500 quotes to the area above the level of 3225. S&P 500 Forecast and Analysis June 26, 2020 In favor of raising the quotes of the exchange index, a test of the support…
The currency pair of the US Dollar to Mexican Peso USD/MXN continues to move as part of the growth and formation of the «Wolfe Wave» downward pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Mexican Peso is 22.83. At the moment, we should expect an attempt to test the resistance level near the area of 22.95 and continue the fall of the pair to the area below the level of 21.90, as part of the model development. USD/MXN forecast Mexican Peso June 26, 2020 In favor of the fall…
Currency pair US Dollar to Polish Zloty USD/PLN continues to move as part of the formation of the «Head and Shoulders» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Polish Zloty is 3.98. At the moment, we should expect a test of the resistance level near the area of 3.99. Then, the continuation of the fall of the USD/PLN quotes to the area below the level of 3.85. USD/PLN forecast Polish Zloty June 26, 2020 In favor of reducing the currency pair, the US Dollar Polish Zloty will test…
Currency pair Euro/Dollar EUR/USD continues 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 European currency and the potential continuation of the growth of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1256. As part of the Forex forecast for June 25, 2020, we should expect an attempt to develop a fall and test the support level near the area of…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the rising channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2425. Moving averages indicate a short-term bullish trend. Prices pierced the area between the signal lines down, which indicates pressure from the sellers of the currency pair. At the moment, we should expect an attempt to develop the depreciation of the British Pound against the US Dollar and a test of the support area near the level of 1.2265. Where again we should expect a rebound…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the upward channel. Moving averages indicate a short-term bullish trend. 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 forecast, the Australian Dollar to US Dollar rate is 0.6870. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6825. Further, the rebound and continued growth of quotations to the area above the level of 0.7275. AUD/USD…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the beginning of the development of the bullish «Wolfe Wave» bullish model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 106.92. Moving averages indicate a short-term bearish trend for the pair. Prices push away from the area between the signal lines, indicating pressure from sellers of the US Dollar and the potential continuation of the fall in prices. As part of the forecast for the Japanese Yen…
Brent continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 40.38 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 area of 37.65 dollars per barrel.…