ETH/USD are trading at 241.82 and continue to move as part of the bullish correction and the downward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $27 193 233 891. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices pierced the area between the signal lines up, which indicates pressure from buyers and the potential continuation of growth. 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 we should expect a rebound…
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.
LTC/USD are trading at 43.87 and continue to move as part of the correction and the formation of the «Triangle» model. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 865 218 263. Moving averages indicate the presence of a short-term bearish trend in Litecoin. Prices broke through the area between the signal lines up, which indicates pressure from the buyers of the asset. 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 44.35. Where again we should expect…
XRP/USD are trading at 0.1868 and continue to move as part of the correction 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 $8 354 746 375. 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 0.1935. Further, the continuation of the fall of…
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 3089. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the area of 3085. Where can we expect a rebound and continued growth of S&P 500 quotes to the area above the level of 3255. S&P 500 Forecast and Analysis June 24, 2020 In favor of raising the quotes of the exchange index, a test of the support line…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and formation of the «Wedge» model. Moving averages indicate a short-term bearish 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 1.1256. As part of the Forex forecast for June 23, 2020, we should expect an attempt to develop a fall and test the support level near the 1.1185 area. Further,…
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 1.2449. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, which indicates pressure from the sellers 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 1.2540. Where again we should expect a rebound…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the 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 0.6908. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6885. Further, the rebound and continued growth of quotations to the area above the level of 0.7255. AUD/USD…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the decline 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 106.82. 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 23, 2020,…
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 $ 42.31 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices pushed from the area between the signal lines, indicating 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 41.35 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 downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3538. Moving averages indicate the presence of a short-term lateral 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 grow and test the resistance level near the area of 1.3605. Further,…