Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the downward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9532. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices pushed from the area between the signal lines, indicating pressure from sellers and the potential continuation of the fall. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9585. Then, a rebound…
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.
Currency pair US Dollar/Russian Ruble USD/RUB continues 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 Russian Ruble is 68.78. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, which indicates pressure from sellers of American currency. As part of the forecast for the Dollar on June 10, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 69.55 Rubles per US Dollar.…
BTC/USD are trading at 9727 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 $178 994 709 622. 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 10, 2020, we should expect an attempt to develop a correction…
ETH/USD are trading at 242.61 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 $27 107 250 019. 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 225.05. Where again we should expect a…
LTC/USD are trading at 46.02 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 $3 001 968 887. 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 fall in the value of the digital asset and a test of the support level near the area of 43.05. Where again we should expect…
XRP/USD are trading at 0.2003 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 $8 927 361 440. 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 a test of the support level near the area of 0.1975. Further, the continued growth of cryptocurrency in the region…
BCH/USD are trading at 253.13 and continue to move as part of the growth and formation of the «Triangle» model. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 677 639 430. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices are testing the area between the signal lines, which indicates pressure from the buyers of the asset and the potential continuation of growth from current levels. As part of the cryptocurrency rate forecast for June 10, 2020, one should expect an attempt to develop an asset value correction…
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 3197. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the area of 3145. Where can we expect a rebound and continued growth of S&P 500 quotes in the area above the level of 3385. S&P 500 Forecast and Analysis June 10, 2020 A test of the support line on the relative strength index (RSI) will be in…
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 1.1334. As part of the Forex forecast for June 9, 2020, we should expect an attempt to develop a correction and a test of the support level near the 1.1155 area.…
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 1.2709. Moving averages indicate a short-term bullish trend. Prices have moved away from the area between the signal lines up, 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 support area near the level of 1.2575. Where again we should expect a…