XRP/USD are trading at 0.1887 and continue to move as part of the fall and the formation of the «Triangle» model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 442 094 357. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices pierced the area between the signal lines down, 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 0.1995. Further, the continuation of the fall of cryptocurrency to the…
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 the correction after a strong fall and an upward channel. At the time of the publication of the forecast, the index is trading at 3116. At the moment, we should expect an attempt to develop a downward correction and test the support level near the area of 3025. Where can we expect a rebound and continued growth of S&P 500 quotes to the area above the level of 3455. S&P 500 Forecast and Analysis June 17, 2020 In favor of raising the quotes of the exchange index, a test of…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and upward 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 1.1284. As part of the Forex forecast for June 16, 2020, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area of 1.1365.…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2555. 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 1.2635. Where again we should expect a rebound and a continued fall…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction. 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 0.6871. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6915. Further, the rebound and continued fall of quotations to the area below the level of 0.6595. AUD/USD Forecast Australian Dollar…
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 107.27. 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 Japanese Yen rate forecast for June 16, 2020, we should expect an…
Brent continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 39.39 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices pierced the area between the signal lines up, which indicates pressure from buyers of “Black Gold”. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of $ 37.25 per barrel. Further, the continued growth of the oil rate in the region above the level of…
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 1.3589. 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 fall and test the support level near the area of 1.3465. Further,…
GOLD continue to move as part of the fall and the formation of the inverted «Head and Shoulders» model. At the time of the publication of the forecast, the price of Gold is 1732 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 a strong fall and an upward channel. At the time of the publication of the forecast, the price of Silver is 17.27 Dollars. Moving averages indicate a bullish trend. Prices are testing the area between the signal lines, 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 growth in the value of the metal and a test of the resistance level near the area of 17.55. Where can we…