Stock index S&P 500 continue to move as part of the correction and the rising channel, as we see prices are testing an important area of resistance. At the time of the publication of the forecast, the index is trading at 3050. At the moment, we should expect an attempt to develop a downward correction and test the support level near the area of 3010. Where can we expect a rebound and continued growth of S&P 500 quotes in the area above the level of 3245. S&P 500 Forecast and Analysis June 2, 2020 In favor of raising the quotes…
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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 Euro Dollar EUR/USD completes the trading week near the area of 1.1112. The pair continues to move within the correction and the downward channel. Moving averages indicate a downward trend in the pair. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the European currency. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 1.1195. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. The potential target of the rise is the area below the level…
BRENT complete the trading week near the area of 35.37 dollars per barrel. And it continues to move in the framework of growth and a downward channel. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines, which indicates pressure from sellers of raw materials. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 39.95. Then, a rebound and continued fall of oil to the area below the level of $ 20.05 per barrel. BRENT crude oil Forecast and Analysis June 1 — 5,…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2346. The pair continues to move as part of the correction. Moving averages indicate a bearish trend. Prices pushed off the area between the signal lines, indicating pressure from sellers and the potential continuation of the depreciation of the British Pound against the US Dollar. At this, we should expect an attempt to develop an upward correction and test the resistance area near the level of 1.2465. Further, the rebound and the beginning of the fall of the Pound/Dollar quotes to the area below the level of…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 70.51 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 1 — 5, 2020 we should expect an attempt to develop a fall and test the support area near the level of 70.05. Where can we expect a rebound and continued growth of the Dollar against the…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6636. The pair continues to move as part of a strong bullish correction. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines, which indicates pressure from sellers and a potential drop already from current levels. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 0.6715. Then, a rebound and continued fall of AUD/USD with a potential target below the level of 0.5845. AUD/USD Forecast and Analysis June…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3775. 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 and a potential upward rebound. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of 1.3645. Then, continued growth of quotations with a target above the level of 1.4615. USD/CAD Forecast and Analysis June 1 — 5, 2020…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 107.54. The pair continues to move as part of the correction. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines, which indicates pressure from sellers of the US Dollar and continued decline from current levels. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the area of 105.35. Then, the rebound and continued growth of the pair in the region above the level of…
GOLD completes the trading week near the area of 1729. XAU / USD quotes continue to move as part of the growth and upward channel. Moving averages indicate a bullish trend for GOLD. Prices pushed from the area between the signal lines, which indicates pressure from buyers and the potential continuation of the upward trend. At the moment, we should expect an attempt to develop a price reduction and a test of the support level near the area of 1625. Further, the continuation of the growth of the price of GOLD with a potential target above the level of 1875.…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of 0.6199. Moving averages indicate a downward trend in the pair. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the currency pair and the potential continuation of the development of the bearish trend from current levels. At the moment, we should expect an attempt to grow the currency pair at Forex and test the resistance area near the level of 0.6235. Then, a rebound and continued fall of the currency pair with a potential target…