LTC/USD are trading at 43.16 and continue to move as part of the correction and the formation of the «Triangle» model. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 854 343 357. Moving averages indicate the presence of a short-term lateral 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 lower the value of the digital asset and test the support level near the 41.55 area. Where again we should expect a rebound and continued…
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 0.1864 and continue to move as part of the fall and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 410 248 148. Moving averages indicate the presence of a short-term lateral 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 0.1955. Further, the continuation of the fall of cryptocurrency to the area below the…
Stock index S&P 500 continue to move as part of a strong fall and an upward channel. At the time of the publication of the forecast, the index is trading at 3044. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the area of 2975. Where can we expect a rebound and continued growth of S&P 500 quotes to the area above the level of 3245. S&P 500 Forecast and Analysis June 16, 2020 In favor of raising the quotes of the exchange index, a test of the…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1226. The pair continues to move as part of the fall after strong growth and a downward channel. Moving averages indicate a bearish trend for the pair. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the European currency and the likely continuation of the bullish correction. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 1.1385. Where is the rebound expected and the continuation of the fall of the…
BRENT complete the trading week near the area of 38.74 dollars per barrel. And it continues to move in the framework of the fall and the downward channel. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines, indicating pressure from commodity sellers and a potential continuation of the fall. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 45.05. Then, a rebound and continued fall of oil to the area below the level of $ 20.05 per barrel. BRENT crude oil Forecast and…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2478. The pair continues to move as part of the fall after strong growth. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines, which indicates pressure from sellers and the potential continuation of the fall of the British Pound against the US Dollar at current levels. At this, we should expect an attempt to continue the development of the upward correction and test the resistance area near the level of 1.2705. Further, the rebound and the beginning of the fall of…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 69.80 Rubles per US Dollar. The pair continues to move within the correction and the upward channel. Moving averages indicate a bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of the US Dollar. In the current trading week, June 15-19, 2020, we should expect an attempt to develop a fall and test the support area near the level of 67.15. Where should we expect a rebound and continued growth of the Dollar to Russian Ruble rate…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6826. The pair continues to move as part of the fall after testing an important resistance level. Moving averages indicate a bearish trend. Prices strongly broke through the area between the signal lines up, which indicates pressure from buyers and the potential continuation of growth. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 0.7065. Then, a rebound and continued fall of AUD/USD with a potential target below the level of 0.5835. AUD/USD…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3627. The pair continues to move within the fall and the rising channel. Moving averages indicate a bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of the currency pair and the potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of 1.3375. Then, continued growth of quotations with a target above the level of 1.4475.…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 107.44. The pair continues to move within a strong decline in growth and a downward channel. Moving averages indicate a bearish trend. Prices pierced the area between the signal lines down, indicating pressure from sellers of the US dollar. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the area of 106.65. Then, the rebound and continued growth of the pair in the area above the level of 114.95. USD/JPY…