BTC/USD are trading at 9236 and continue to move as part of a strong upward correction. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $168 805 846 491. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are testing the area between the lines, which indicates pressure from the sellers of Digital Gold and the potential continuation of the fall in the value of the asset. As part of the cryptocurrency rate forecast for tomorrow, July 2, 2020, we should expect an attempt to continue the development of a bullish correction…
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.
ETH/USD are trading at 227.65 and continue to move as part of the correction and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $25 238 029 222. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices are testing the area between the signal lines down, which indicates pressure from sellers and the potential continuation of the fall. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 232.05. Where again we…
LTC/USD are trading at 41.41 and continue to move as part of the correction and the downward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 675 739 992. Moving averages indicate the presence of a short-term bearish trend for Litecoin. Prices push off from the area between the signal lines, 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 42.25. Where again we should expect a rebound and a continued fall…
XRP/USD are trading at 0.1744 and continue to move as part of the correction and the downward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $7 794 107 821. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are testing the area between the signal lines, indicating pressure from asset sellers and the potential continuation of the fall. At the moment, we should expect an attempt to correct the digital asset and test the resistance level near the area of 0.1815. Further, the continuation of the fall of cryptocurrency to…
Stock index S&P 500 continue to move as part of the growth and development of the «Wedge» model. At the time of the publication of the forecast, the index is trading at 3079. At the moment, we should expect an attempt to develop a downward correction and test the support level near the area of 3045. Where can we expect a rebound and continued growth of S&P 500 quotes to the area above the level of 3165. S&P 500 Forecast and Analysis July 2, 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 correction and the formation of the «Triangle» model, the uncertainty remains. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from buyers of the European currency and the potential continuation of the growth of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1236. As part of the Forex forecast for July 1, 2020, we should expect an attempt to develop a fall and test the…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and upward channel. At the time of the publication of the forecast, the pound to the US Dollar at Forex is 1.2374. Moving averages indicate a short-term bearish trend. Prices pierced the area between the signal lines down, which indicates pressure from the sellers 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 1.2265. Where again we should expect a rebound and…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the bullish channel. Moving averages indicate a short-term bullish trend. Prices are testing 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 0.6890. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6735. Further, the rebound and continued growth of quotations to the area above the level of 0.7285. AUD/USD…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the rising channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.45. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices pierced the area between the signal lines up, indicating pressure from buyers of the US Dollar and the potential continuation of price increases. As part of the forecast for the Japanese Yen on July 1, 2020, we should expect an attempt…
Brent continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the price of Brent crude oil is 41.20 $ 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 a test of the support level near the area of 40.25 dollars per barrel.…