XRP/USD are trading at 0.2400 and continue to move as part of a strong fall and a downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $10 395 394 475. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have gone far from the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to reduce the digital asset and test the support level near the 0.2345 area. Further, the continued growth of cryptocurrency in the region above the level…
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 329.07 and continue to move as part of the correction and the formation of the bullish «Wave Wave» pattern. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 837 674 220. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices have gone far from the area between the signal lines, indicating pressure from sellers. As part of the cryptocurrency rate forecast for February 27, 2020, we should expect an attempt to develop a decrease in the value of the asset and a test of the…
Stock index S&P 500 continue to move as part of a strong fall and a downward channel. At the time of the publication of the forecast, the index is trading at 3130. At the moment, we should expect an attempt to develop an upward correction and test the resistance level near the area of 3165. Where can we expect a rebound and a continuation of the fall of S&P 500 quotes to the area below the level of 3015. S&P 500 Forecast and Analysis February 27, 2020 A test of the resistance line on the relative strength index (RSI) will…
Apple quotes continue to move as part of a strong correction and an upward channel. Moving averages indicate a short-term bullish trend for Apple. Prices returned to the area between the signal lines, indicating pressure from stock sellers, but growth potential still exists. At the time of publication of the forecast, the value of shares is 288.25. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the area of 275.05. Further, a rebound and continued growth in the value of securities. The potential target of this movement…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of the fall and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices went far from the area between the signal lines, indicating pressure from sellers of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0860. As part of the Forex forecast, we should expect an attempt to develop a correction and test the resistance level near the area of 1.0915. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the pound to the US dollar at Forex is 1.2972. Moving averages indicate a short-term bearish trend. Prices pushed from the area between the lines, indicating pressure from sellers. At the moment, we should expect an attempt to increase the British Pound and a test of the resistance area near the level of 1.3035. Where again we should expect a rebound and a continued fall in the quotes of the British Pound currency pair against…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the bearish channel. Moving averages indicate a short-term bearish trend. Prices pushed from the area between the signal lines, indicating 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 0.6602. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6640. Further, the rebound and the beginning of the fall of quotations in the area below 0.6435. AUD/USD…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction after strong growth and an upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 110.38. 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. As part of the forecast for the Japanese Yen on February 26, 2020, we should expect an attempt to slightly decrease and test the support…
Brent continue to move as part of the correction. At the time of the publication of the forecast, the price of Brent crude oil is 55.71 dollars per barrel. Moving averages indicate a short-term bearish trend for oil. However, prices broke through the area between the signal lines down, indicating pressure from sellers of black gold. At the moment, we should expect an attempt to develop growth and test the resistance level near the area of 56.55 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 50.35. Brent Crude…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3289. Moving averages indicate the presence of a short-term bullish trend for the pair. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3245. Further, the rebound and the continued rise of the currency pair on Forex. The potential target of this movement of the instrument is the area above…