XRP/USD are trading at 0.1884 and continue to move as part of the correction. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 510 613 540. 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 a test of the support level near the area of 0.1835. Further, the continued growth of cryptocurrency in the region above the level of 0.2115. Ripple…
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.
Stock index S&P 500 continue to move as part of growth after a strong fall and an upward channel. At the time of the publication of the forecast, the index is trading at 3102. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the area of 3075. 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 19, 2020 A test of the support line on the relative strength index (RSI)…
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the rising channel. Moving averages indicate 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 rise of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1235. As part of the Forex forecast for June 18, 2020, we should expect an attempt to develop a bullish correction and a test of the resistance level near the 1.1345 area.…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and formation of the «Triangle» model. At the time of the publication of the forecast, the pound to the US dollar at FOREX is 1.2547. Moving averages indicate a short-term bullish 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 the growth of the British Pound against the US Dollar and a test of the resistance area near the level of 1.2655. Where again we should expect…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the downward channel. Moving averages indicate a short-term bullish trend. Prices pierced the area between the signal lines down, which indicates pressure from the sellers of the currency pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6893. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6935. Further, the rebound and continued fall of quotations in the area below the level of 0.6645.…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue 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 Japanese Yen is 107.35. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are testing 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 18, 2020, we should expect…
Brent continue to move within the framework of growth and the ascending channel, here the Triangle model is also formed. At the time of the publication of the forecast, the price of Brent crude oil is $ 40.66 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 a test of the support level near the…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3540. Moving averages indicate the presence of 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 reduce and test the support level near the area of 1.3465. Further,…
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 1718 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices pierced the area between the signal lines down, indicating pressure from asset sellers. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1695. Where can we expect a rebound and continued growth in the price of Gold with a target above the…
Silver continue to move as part of the correction after a strong fall and were able to leave the rising channel. At the time of the publication of the forecast, the price of Silver is 17.46 Dollars. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the asset and the potential continuation of the fall in the value of the asset. At the moment, we should expect an attempt to develop a growth in the value of the metal and a test of the resistance level near…