GOLD continue to move as part of the correction and the formation of the inverted «Head and Shoulders» model. At the time of the publication of the forecast, the price of GOLD is 1757 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from the buyer of the asset. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1730. Where can we expect a rebound and continued growth in the price of GOLD with…
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.
Silver continue to move as part of the correction and the formation of the head and shoulders reversal pattern. At the time of the publication of the forecast, the price of Silver is 17.82 Dollars. Moving averages indicate a bullish trend. Prices pierced the area between the signal lines up, which indicates pressure from the buyers of the asset and the potential continuation of the growth in the value of the asset. At the moment, we should expect an attempt to develop a fall in the value of the metal and a test of the support level near the area…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the upward channel. 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 currency pair. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6486. At the moment, we should expect an attempt to fall and test the support level near the area of 0.6405. Further, within…
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 0.9470. 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 0.9535. Then, a rebound and…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 69.18. Moving averages indicate the presence of a short-term lateral trend. Prices pierced the area between the signal lines down, which indicates pressure from sellers of American currency. As part of the forecast for the Dollar on June 23, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 69.95 Rubles…
BTC/USD are trading at 9464 and continue to move as part of the correction and formation of the «Triangle». Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $173 997 379 582. Moving averages indicate the presence of a short-term bullish trend in Bitcoin. Prices are testing the area between the lines, which indicates pressure from the buyers of Digital Gold and the potential continuation of the growth in the value of the asset. As part of the cryptocurrency rate forecast for tomorrow, June 23, 2020, one should expect an attempt to develop a correction in…
ETH/USD are trading at 237.01 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 $26 452 723 072. Moving averages indicate the presence of a short-term bearish 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 240.55. Where again we should…
LTC/USD are trading at 43.35 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 $2 832 562 744. Moving averages indicate the presence of a short-term bearish trend in Litecoin. Prices are testing 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 43.95. Where again we should expect a rebound and continued…
XRP/USD are trading at 0.1856 and continue to move as part of the correction and the development of the «Triangle» model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 280 716 098. 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 0.1945. Further, the continuation of the fall of cryptocurrency to the…
Stock index S&P 500 continue to move as part of the correction after the fall and the rising 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 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 3220. S&P 500 Forecast and Analysis June 23, 2020 In favor of raising the quotes of the exchange index, a test of the…