Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the formation of the «Triangle» model. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9409. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from sellers and the potential continuation of the fall. At the moment, we should expect an attempt to increase the US dollar against the Swiss franc and test the resistance area near the level of…
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 beginning of the development of the «Wedge» 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 14, 2020, we should expect an attempt to develop a bullish correction and…
BTC/USD are trading at 9289 and continue to move as part of the correction and the formation of the «Wedge» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $171 184 171 984. 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, July 14, 2020, we should expect an attempt to continue the…
ETH/USD are trading at 241.63 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 $27 125 063 392. 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 44.49 and continue to move as part of the bullish correction and the downward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 909 291 959. 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 correction of the value of the digital asset and a test of the resistance level near the area…
XRP/USD are trading at 0.2004 and continue to move as part of the upward correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 950 477 887. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices pierced the area between the signal lines up, 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 correction of the digital asset and a test of the resistance level near the…
Stock index S&P 500 continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the index is trading at 3216. At the moment, we should expect an attempt to continue the development of the correction and test the support level near the area of 3165. Where can we expect a rebound and continued growth of S&P 500 quotes to the area above the level of 3315. S&P 500 Forecast and Analysis July 14, 2020 A test of the support line on the relative strength index (RSI) will be in favor…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1313 area. The pair continues to move as part of the correction and the formation of the large «Triangle» model. Moving averages indicate a bullish trend for the pair. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the European currency and the likely continuation of the bullish correction. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 1.1385. Where is the rebound expected and the continuation of the fall of the…
BRENT complete the trading week near the area of 42.42 dollars per barrel. And it continues to move within the framework of the bullish correction and the downward channel. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines, indicating pressure from commodity sellers and a potential continuation of the fall. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 45.55. Then, a rebound and continued fall of oil to the area below the level of 26.55 dollars per barrel. BRENT crude oil Forecast…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2454. The pair continues to move as part of the correction and the formation of a large reversal pattern. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines, which indicates pressure from sellers and the potential continuation of the fall of the British Pound against the US Dollar at current levels. At this, we should expect an attempt to continue the development of the upward correction and test the resistance area near the level of 1.2705. Further, the rebound and the…