Silver continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Silver is 17.67 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 downward correction of the metal value and a test of the support level near the area of 17.15. Where can we 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.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in the framework of strong growth and an upward channel. Moving averages indicate a short-term bullish trend for the pair. 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 Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6552. At the moment, we should expect an attempt to fall and test the support level near the area of 0.6405. Further,…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the start of development of the «Triangle» model. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9566. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices pushed from the area between the signal lines, indicating pressure from 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…
Currency pair US Dollar/Russian Ruble USD/RUB 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 Russian Ruble is 68.32. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, which indicates pressure from sellers of American currency. As part of the forecast for the Dollar on June 9, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 69.45 Rubles per US Dollar.…
BTC/USD are trading at 9727 and continue to move as part of the growth and upward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $179 054 406 815. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices are testing the area between the lines, which indicates pressure from the buyers of Digital Gold and the potential continuation of the rise in the value of the asset. As part of the cryptocurrency rate forecast for tomorrow, June 9, 2020, one should expect an attempt to develop a correction in the value…
ETH/USD are trading at 241.68 and continue to move as part of the growth and upward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $27 038 810 844. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices push from the area between the signal lines, which indicates pressure from buyers and the potential continuation of growth. At the moment, we should expect an attempt to reduce the value of the coin and test the support level near the area of 235.05. Where again we should expect a rebound and continued…
LTC/USD are trading at 47.17 and continue to move as part of the correction and the formation of the «Triangle» model. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $3 011 277 890. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices have pierced the area between the signal lines down, which indicates pressure from asset sellers. At the moment, we should expect an attempt to drop the value of the digital asset and a test of the support level near the area of 45.35. Where again we should…
XRP/USD are trading at 0.1998 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 $8 955 606 848. 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 test the support level near the area of 0.1905. Further, the continued growth of cryptocurrency in the region above the…
BCH/USD are trading at 255.53 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 $4 675 365 384. 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 9, 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 3215. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the area of 3135. Where can we expect a rebound and continued growth of S&P 500 quotes in the area above the level of 3355. S&P 500 Forecast and Analysis June 9, 2020 A test of the support line on the relative strength index (RSI) will be in…