XRP/USD complete the trading week at 0.8137 and continue to move as part of the correction and the formation of the “Triangle” model. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the decline in the cryptocurrency already from current levels. At the moment, we should expect an attempt to develop a bullish correction and test the resistance area near 0.8255. Where can we expect a rebound and a continuation of the fall of the cryptocurrency to the area below the level of…
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.
Litecoin LTC/USD ends the trading week at 122.20 and continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines. This indicates pressure from sellers of the digital asset and a potential continuation of the fall in the Litecoin rate in the current trading week. At the moment, we should expect an attempt to develop a bullish price correction and a test of the resistance area near the level of 155.05. Where can we expect a rebound down again and an attempt to drop the…
Bitcoin Cash ends the trading week at 368.40, continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the BCH/USD rate forecast for the next trading week, we should expect an attempt to correct the value of the digital asset and test the resistance area near the level of 415.05. From where a rebound is expected again and an attempt to fall the Bitcoin Cash…
Silver complete the trading week near the area of 24.75. Quotes continue to move within the correction and left the limits of the downward channel. Moving averages indicate the presence of a bullish trend for the pair. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the metal and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a fall in the value of the asset and a test of the support level near the area of 23.55. Further, the continuation of…
SHIBA INU ends the trading week at 0.00002549 and continues to move within the correction and formation of the “Triangle” pattern. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the SHIB/USD rate forecast for the next trading week, we should expect an attempt to develop a correction in the value of the digital asset and a test of the resistance area near the level of 0.00002755. From where a downward rebound is again…
Dogecoin ends the trading week at 0.1359 and continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the DOGE/USD rate forecast for the next trading week, we should expect an attempt to develop a slight increase in the value of the digital asset and a test of the support area near the level of 0.1565. From where a rebound down is expected again and…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices pushed down from the area between the signal lines, which indicates pressure from sellers of the European currency and a potential continuation of the fall in asset quotes already from current levels. At the time of the publication of the forecast, the EUR/USD exchange rate is 1.1151. As part of the FOREX forecast for March 31, 2022, we should expect an attempt to develop a rise in prices and a…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the downward channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.3136. Moving averages indicate the presence of a short-term bearish trend. Prices went down from the area between the signal lines, which indicates pressure from sellers of the currency pair and a potential continuation of the fall of the instrument. At the moment, we should expect an attempt to develop a correction in the price of the British Pound against the US Dollar and…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and the completion of the formation of the downward “Wolfe Wave” pattern. Moving averages indicate a short-term bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from currency pair and a potential continuation of the growth in the value of the instrument already from current levels.At the time of the publication of the forecast, the rate of the Australian Dollar against the US Dollar is 0.7511.At the moment, we should expect an attempt to develop a rise…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of a strong downward correction and a bullish channel. At the time of publication of the forecast, the US Dollar to the Japanese Yen is 121.90. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines, which indicates pressure from buyers of the US Dollar and a potential continuation of price growth already from current levels. As part of the forecast for the Japanese Yen on March 31, 2022, we should…