LTC/USD are trading at 49.29 and continue to move as part of the growth and upward channel. Litecoin’s cryptocurrency capitalization at the time of the publication of the forecast is $2 991 743 198. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices have gone far up from the area between the signal lines, which indicates pressure from buyers of the asset. 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 44.05. Where again we should expect a rebound and…
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 0.2117 and continue to move as part of the growth and upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 942 446 206. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices have gone far up from the area between the signal lines, indicating pressure from asset buyers. At the moment, we should expect an attempt to correct the digital asset and test the support level near the area of 0.2005. Further, the continued growth of cryptocurrency in the region above the…
BCH/USD are trading at 265.25 and continue to move as part of the growth and upward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 606 938 120. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of the asset and potential growth already from current levels. As part of the cryptocurrency rate forecast for May 29, 2020, one should expect an attempt to develop an asset value correction and a test of…
Stock index S&P 500 continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the index is trading at 3061. At the moment, we should expect an attempt to develop a downward correction and test 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 3265. S&P 500 Forecast and Analysis June 3, 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 the beginning of the development of the «Triangle» model. 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 1.1133. As part of the Forex forecast for June 2, 2020, we should expect an attempt to develop a correction and test the support…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the pound to the US Dollar at Forex is 1.2330. Moving averages indicate a short-term bearish trend. Prices pierced 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 the growth of the British Pound against the US Dollar and a test of the resistance area near the level of 1.2545. Where again we should expect a rebound and…
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 0.6795. At the moment, we should expect an attempt to fall and test the support area near the level of 0.6725. Further, the rebound and continued growth of quotations to the area above 0.6905. AUD/USD Forecast…
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 exchange rate of the US Dollar to the Japanese Yen is 107.57. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from buyers of the US Dollar and the potential continuation of the rise in prices. As part of the forecast for the Japanese Yen on June 2, 2020, we should expect an attempt…
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 $ 38.47 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices have gone far up from the area between the signal lines, indicating pressure from Black Gold buyers. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of 35.45 dollars per barrel. Further, the continued growth of the oil rate in the region above the level…
Currency pair US Dollar to Canadian Dollar USD/CAD 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 Canadian Dollar is 1.3568. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have gone far down from the area between the signal lines, which indicates pressure from sellers and a continued fall in prices in the near future. At the moment, we should expect an attempt to grow and test the resistance level near the area…