XRP/USD are trading at 0.2003 and continue to move as part of the growth and formation of the «Triangle» model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 927 361 440. Moving averages indicate the presence of a short-term lateral 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 a test of the support level near the area of 0.1975. Further, the continued growth of cryptocurrency in the region…
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.
BCH/USD are trading at 253.13 and continue to move as part of the growth and formation of the «Triangle» model. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 677 639 430. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices are testing the area between the signal lines, which indicates pressure from the buyers of the asset and the potential continuation of growth from current levels. As part of the cryptocurrency rate forecast for June 10, 2020, one should expect an attempt to develop an asset value correction…
Stock index S&P 500 continue to move as part of strong growth and an upward channel. At the time of the publication of the forecast, the index is trading at 3197. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the area of 3145. Where can we expect a rebound and continued growth of S&P 500 quotes in the area above the level of 3385. S&P 500 Forecast and Analysis June 10, 2020 A test of the support line on the relative strength index (RSI) will be in…
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 went far up from 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 1.1334. As part of the Forex forecast for June 9, 2020, we should expect an attempt to develop a correction and a test of the support level near the 1.1155 area.…
Currency pair Pound/Dollar GBP/USD continues to move as part of growth and the rising channel. At the time of the publication of the forecast, the pound to the US Dollar at Forex is 1.2709. Moving averages indicate a short-term bullish trend. Prices have moved away from the area between the signal lines up, which indicates pressure from buyers of the currency pair. At the moment, we should expect an attempt to develop a depreciation of the British Pound against the US Dollar and a test of the support area near the level of 1.2575. Where again we should expect a…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and upward channel. Moving averages indicate a short-term bullish trend. Prices have gone far up from the area between the signal lines, 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 0.7006. At the moment, we should expect an attempt to fall and test the support area near the level of 0.6905. Further, the rebound and continued growth of quotations to the area above 0.7265. AUD/USD Forecast…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of a strong correction. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 108.98. Moving averages indicate a short-term bullish trend for the pair. Prices left the area with signal lines up, which indicates pressure from buyers of the US Dollar and a potential continuation of the rise in prices. As part of the forecast for the Japanese Yen on June 9, 2020, we should expect an attempt to develop a decline…
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 $ 40.83 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are pushing from the area between the signal lines, which indicates pressure from the 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 38.05 dollars per barrel. Further, the continued growth of the oil rate in the region above the…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall 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 1.3368. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have gone far down from 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…
GOLD continue to move as part of a downward correction and the formation of the bullish «Wolfe Wave». At the time of the publication of the forecast, the price of Gold is 1698 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, 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 1680. Where can we expect a rebound and continued growth in the price of Gold with a target above the level…