Author: forex24pro

Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the downward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9503. Moving averages indicate a short-term bearish trend for the pair. Prices pushed from the area between the signal lines down, indicating pressure from the sellers and the potential continuation of the fall. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9525. Then, a rebound and…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 70.28. Moving averages indicate a short-term bearish trend. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the American currency. As part of the forecast for the Dollar on June 30, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of ​​70.65 Rubles per US…

BTC/USD are trading at 9112 and continue to move as part of the correction. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $ 168 425 063 731. Moving averages indicate the presence of a short-term sideways trend for Bitcoin. Prices have pierced the area between the lines down, indicating 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, June 30, 2020, we should expect an attempt to develop a correction in the value of the…

ETH/USD are trading at 222.30 and continue to move as part of the fall and the downward channel. The Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $25 105 523 346. 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 ​​225.05. Where again we should expect…

LTC/USD are trading at 41.12 and continue to move as part of the fall and the beginning of the development of the «Triangle» model. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $2 689 514 038. 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 ​​43.15. Where again we…

XRP/USD are trading at 0.1745 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 $7 916 119 513. 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. 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…

Stock index S&P 500 continue to move as part of a downward correction and the formation of the «Wedge» model. At the time of the publication of the forecast, the index is trading at 3029. At the moment, we should expect an attempt to continue the development of a downward correction and test the support level near the area of ​​2985. Where can we expect a rebound and continued growth of S&P 500 quotes in the area above the level of 3215. S&P 500 Forecast and Analysis June 30, 2020 In favor of raising the quotes of the exchange index,…

Remitano has launched a new Ringgit Malaysia (MYR) fiat wallet that allows users to connect their bank accounts with our new MYR fiat wallet for easier and faster transfers, deposits, and withdrawals. With the new MYR fiat wallet, users will no longer need to worry about conflicting currency exchange rates or delays occurring when depositing or withdrawing funds from their bank account — thus allowing them to trade and invest in MYR with even greater ease and speed. Remitano’s peer-to-peer (P2P) exchange is powered by our highly secure mobile and web interfaces that are not only easy to navigate but…

Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1206 area. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish 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 1.1365. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. The potential target of the…

BRENT complete the trading week near the area of ​​$ 40.55 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 sellers of raw materials 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 21.05 dollars per barrel. BRENT crude…