BTC/USD are trading at 9781 and continue to move as part of the growth and formation of the «Triangle» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $181 194 265 439. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices are testing the area between the lines, 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 cryptocurrency rate forecast for tomorrow, June 12, 2020, we should expect an attempt to develop a correction…
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.
ETH/USD are trading at 243.77 and continue to move as part of the growth and upward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $27 305 141 632. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices push from the area between the signal lines, which indicates pressure from buyers and the potential continuation of growth. At the moment, we should expect an attempt to reduce the value of the coin and test the support level near the area of 239.05. Where again we should expect a…
LTC/USD are trading at 45.85 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 $3 023 733 501. Moving averages indicate the presence of a short-term bullish trend in 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 drop the value of the digital asset and test the support level near the area of 45.05. Where again we should expect a rebound and…
XRP/USD are trading at 0.1985 and continue to move as part of the growth and formation of the Triangle model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 915 798 715. Moving averages indicate the presence of a short-term lateral trend for Ripple. Prices pierced the area between the signal lines up, which indicates pressure from the buyers of the asset. At the moment, we should expect an attempt to correct the digital asset and a test of the support level near the 0.1955 area. Further, the continued growth of cryptocurrency…
Stock index S&P 500 continue to move as part of strong growth and an upward channel. At the time of the publication of the forecast, the index is trading at 3140. At the moment, we should expect an attempt to develop a downward correction and test the support level near the area of 3045. Where can we expect a rebound and continued growth of S&P 500 quotes to the area above the level of 3455. S&P 500 Forecast and Analysis June 12, 2020 In favor of raising the quotes of the exchange index, a test of the support 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 went far up from the area between the signal lines, which indicates pressure from buyers of the European currency and the potential continuation of the rise of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1409. As part of the Forex forecast for June 11, 2020, we should expect an attempt to develop a correction and test the support level near the area of 1.1175. Further,…
Currency pair Pound/Dollar GBP/USD continues to move as part of growth and the rising channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2799. 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 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 1.2655. Where again we should expect a rebound and continued…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and upward channel. Moving averages indicate a short-term bullish trend. Prices have gone far 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 Australian Dollar to US Dollar rate is 0.7029. At the moment, we should expect an attempt to fall and test the support area near the level of 0.6905. Further, the rebound and continued growth of quotations to the area above 0.7275. AUD/USD Forecast…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.07. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices left the area with signal lines down, indicating pressure from sellers of the US Dollar and a potential continuation of the fall in prices. As part of the forecast for the Japanese Yen on June 11, 2020, we should expect an…
Brent continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 41.38 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices have gone up from the area between the signal lines, which indicates pressure from the buyers of Black Gold. At the moment, we should expect an attempt to develop a correction and test the support level near the area of 39.75 dollars per barrel. Further, the continued growth of the oil rate in the region above the level…