Author: forex24pro

Ethereum are trading at the level of 1896 and continue to move as part of the growth and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $230,957,984,172. Moving averages indicate a short-term bearish trend for Ethereum. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a rise in the value of the coin and a test…

XRP/USD are trading at 0.3973 and continue to move within the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $19,576,500,463. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the decline in the XRP rate on the market already from current levels. At the moment, we should expect an attempt to develop a correction of the asset and a test…

LTC/USD are trading at 65.15 and continue to move within the correction and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $4,649,189,065. Moving averages indicate a short-term bearish trend for Litecoin. Prices are rebounding from the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop an increase in the value of a digital asset and a test of the resistance level near the area of…

DOGE/USD are trading at 0.0830 and continue to move within the correction and the bullish channel. Moving averages indicate a short-term bearish trend for Dogecoin. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the digital asset and a test of the resistance level near the 0.0895 area. Where can we expect a rebound down again and a continuation of the fall of…

SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00001108, they continue to move within the bullish correction and the downward channel. Moving averages indicate the presence of a short-term bullish trend for the coin. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the coin and a potential continuation of growth already from current levels. As part of the SHIB/USD rate forecast, it is worth considering an attempt to develop a correction in the value of a digital asset and a test of…

Currency pair Euro Dollar EUR/USD completes the trading week near the area of ​​1.0749 and continues to move as part of the growth and the downward channel. Moving averages indicate a bearish trend. Prices broke down the area between the signal lines, which indicates pressure from sellers of the European currency and a likely continuation of the fall from current levels. At the moment, we should expect an attempt to develop a correction and test the resistance area near the level of 1.0835. Where is the expected rebound and continued fall of the Euro Dollar. The potential target of the…

BRENT complete the trading week near the area of ​​116.95 dollars per barrel. And it continues to move within the framework of growth and the beginning of the development of the “Triangle” model. Moving averages indicate a bullish trend. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of raw materials and a potential continuation of the rise. At the moment, we should expect an attempt to develop a correction and test the support area near the level of 110.55. Then, it is worth considering a rebound upwards and the continuation of the…

Currency pair Pound Dollar GBP/USD completes the trading week near the area of ​​1.2570. The pair continues to move within a strong upward correction and a downward channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers and a potential continuation of the fall of the British Pound against the US Dollar at current levels. At this point, we should expect an attempt to develop a bullish correction and test the resistance area near the level of 1.2655. Further, a rebound down and the continuation of the…

Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 58.26 Rubles per US Dollar. The pair continues to move within the correction and the bearish channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the US dollar and a likely continuation of the fall of the pair from these levels. In the current trading week June 6 — 10, 2022, we should expect an attempt to develop a decline and test the support area near the level of…

Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of ​​0.7255. The pair continues to move within a strong bullish correction and a downward channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall in the value of the currency pair. At the moment, we should expect an attempt to develop a bullish correction and test the resistance area near the level of 0.7305. Then, a rebound and continued fall of AUD/USD…