LTC/USD are trading at 42.26 and continue to move as part of the fall and the beginning of the development of the «Triangle» model. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $2 781 492 995. Moving averages indicate the presence of a short-term bearish trend for 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 increase the value of the digital asset and test the resistance level near the area of 43.25. Where again…
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 0.1808 and continue to move as part of the fall and the beginning of the development of the «Triangle» model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 121 035 357. Moving averages indicate the presence of a short-term bearish 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 test the resistance level near the area of 0.1825. Further, the continuation of the fall of…
Stock index S&P 500 continue to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the index is trading at 3037. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the area of 3005. Where can we expect a rebound and continued growth of S&P 500 quotes in the area above the level of 3445. S&P 500 Forecast and Analysis June 25, 2020 In favor of raising the quotes of the exchange index, a test…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the beginning of the development of the «Wedge» model. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices pushed from the area between the signal lines up, which indicates pressure from buyers of the European currency and the potential continued growth of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1314. As part of the Forex forecast for June 24, 2020, we should expect an attempt to develop a fall 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 1.2522. 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 pierced the area between the signal lines up, 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 0.6941. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6875. Further, the rebound and continued growth of quotations to the area above the level of 0.7365. AUD/USD Forecast…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of a strong fall and the formation of the bullish «Wolfe Wave» pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 106.43. Moving averages indicate a short-term bearish trend for the pair. Prices push away from the area between the signal lines, indicating pressure from sellers of the US Dollar and the potential continuation of the fall in prices. As part of the forecast for the Japanese Yen on June 24,…
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 $ 42.73 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are testing the area between the signal lines, which indicates pressure from the buyers of Black Gold and the potential continuation of the growth in the value of the asset. At the moment, we should expect an attempt to develop a correction and test the support level near the area of 41.95 dollars per barrel. Further, the continued…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the development of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3522. Moving averages indicate a short-term bearish trend for the pair. Prices are testing 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 correct and test the resistance level near the area of 1.3565. Further,…
GOLD continue to move as part of the growth and bullish channel. At the time of the publication of the forecast, the price of GOLD is 1765 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from asset buyers. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1745. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1825. XAU/USD Forecast and GOLD…