Author: forex24pro

XRP/USD are trading at 0.7093 and continue to move as part of the fall and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $34,551,636,021. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the decline in the XRP rate on the market from current levels. At the moment, we should expect an attempt to develop a correction of the asset and a…

LTC/USD are trading at 105.15 and continue to move as part of the fall and the bearish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $7,388,864,581. Moving averages indicate a short-term bearish trend for Litecoin. Prices have broken through the area between the signal lines down, 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 the digital asset and a test of the resistance level near…

DOGE/USD are trading at 0.1423 and continue to move as part of the fall and the beginning of the reversal pattern ”Head and Shoulders”. Moving averages indicate a short-term bullish trend for Dogecoin. Prices are again testing the area between the signal lines, 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 rise in the value of the digital asset and a test of the resistance level near the 0.1475 area. Where can we expect a rebound down again and…

SHIBA INU is trading at the time of publication of the forecast at the level of 0.00002583, continues to move within the framework of strong growth and a 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 to the top, 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 not worth considering an attempt to develop a correction in the value of a digital asset and…

BitMEX is one of the crypto trading platforms you can use to leverage your trade. Here, you can go for short or long-term trading, allowing you to leverage up to 100X. Since crypto trading has been on the rise in the past years, trading on BitMEX should be one of your choices. To learn more about doing it, check out this basic guide. About BitMEX? Co-founders Samuel Reed, Ben Delo, and Arthur Hayes established a P2P cryptocurrencies trading platform in 2014 known as BitMEX. It’s registered under HDR Global Trading—a holding company in Seychelles with operating centers in the US…

Currency pair Euro Dollar EUR/USD completes the trading week near the area of ​​1.0872 and continues to move as part of the fall 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 1.1085. 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 ​​100.81 dollars per barrel. And it continues to move within the framework of a downward correction and a bullish channel. 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 95.05. Then, it is worth considering a rebound upwards and continued growth of oil in the area above…

Currency pair Pound Dollar GBP/USD completes the trading week near the area of ​​1.3028. The pair continues to move within the framework of the fall and the descending 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 1.3105. Further, a rebound down and the continuation of…

Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 75.29 Rubles per US Dollar. The pair continues to move within the correction and the bullish 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 April 11 — 15, 2022 we should expect an attempt to develop growth and test the resistance area near the level of 83.05.…

Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of ​​0.7457. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the asset and a potential continued growth 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 0.7530. Then, a rebound and continued fall of AUD/USD with a potential…