Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the «Wedge» reversal model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 70.52. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of the American currency and the potential continuation of growth. As part of the forecast for the Dollar on July 15, 2020, we should expect an attempt to develop a bullish correction and test the…
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 9241 and continue to move as part of the correction and the development of the «Triangle» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $170 418 841 373. Moving averages indicate the presence of a short-term sideways trend for Bitcoin. Prices have pierced the area between the uplines, which indicates pressure from the buyers of Digital Gold and the potential continuation of the rise in the value of the asset. As part of the forecast for the cryptocurrency rate for July 15, 2020, we should expect an attempt to continue…
ETH/USD are trading at 239.36 and continue to move as part of the bullish correction and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $26 826 167 292. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices broke through the area between the signal lines up, which indicates pressure from buyers and the potential continuation of the rise. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 245.05. Where again…
LTC/USD are trading at 43.35 and continue to move as part of the fall and the downward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 841 287 124. Moving averages indicate the presence of a short-term sideways trend in Litecoin. Prices pierced the area between the signal lines up, which indicates pressure from the buyers of the asset and the potential continued growth. At the moment, we should expect an attempt to continue the development of the correction of the value of the digital asset and a test of the resistance level near…
XRP/USD are trading at 0.1962 and continue to move as part of the upward correction and the formation of the «Triangle» model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 801 520 791. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices are testing the area between the signal lines, which indicates pressure from the buyers of the asset and the potential continuation of growth. At the moment, we should expect an attempt to continue the development of the bullish correction of the digital asset and a…
Stock index S&P 500 continue to move as part of the growth and formation of the head and shoulders reversal pattern. At the time of the publication of the forecast, the index is trading at 3167. At the moment, we should expect an attempt to continue the development of the correction and test the resistance level near the area of 3185. Where can we expect a rebound and the continuation of the fall of S&P 500 quotes to the area below the level of 3015. S&P 500 Forecast and Analysis July 15, 2020 A test of the resistance line on…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and upward channel. Moving averages indicate a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the European currency and the potential continued growth of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1365. As part of the Forex forecast for July 14, 2020, we should expect an attempt to develop a fall and test the support level near the 1.1295 area. Further, the rebound and continued…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and formation of a large «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the pound to the US Dollar at Forex is 1.2615. Moving averages indicate a short-term bullish trend. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of the currency pair. At the moment, we should expect an attempt to develop a depreciation of the British Pound against the US Dollar and a test of the resistance area near the level of 1.2685.…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and formation of the «Head and Shoulders» reversal pattern. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from buyers of the currency pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6979. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6995. Further, the rebound and continued fall of quotations in the area below the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY 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 $ 43.20 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 correct and test the support level near the…