XRP/USD are trading at 0.7592 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 $36,606,180,403. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the asset and a potential continuation of the growth of 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…
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.
Stock index S&P 500 continue to move as part of the fall and the downward channel. Moving averages indicate the presence of a short-term bearish trend. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall of the stock index on the market already from current levels. At the time of the publication of the forecast, the index is trading at 4224. At the moment, we should expect an attempt to develop growth and test the resistance level near the 4285 area. Where should…
LTC/USD are trading at 104.63 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 $7,326,276,447. Moving averages indicate a short-term bearish trend for Litecoin. Prices have gone down 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 a bullish correction in the value of the digital asset and a test of the resistance level near the…
DOGE/USD are trading at 0.1149 and continue to move within the correction and the downward channel. Moving averages indicate a short-term bullish trend for Dogecoin. Prices are again testing the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall already 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 0.1295 area. Where can we expect a rebound down again and a continuation of the fall of…
SHIBA INU is trading at the time of publication of the forecast at the level of 0.00002188, they continue to move as part of the fall and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the coin. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers of the coin and a potential continuation of the fall already from current levels. As part of the SHIB/USD rate forecast, it is not worth considering an attempt to develop the growth in the value of a digital asset and…
Stock index Dow Jones continue to move within the correction and the downward channel. This is where the “Triangle” model is formed. Moving averages indicate the presence of a short-term bearish trend. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall of the stock index on the market already from current levels. At the time of the publication of the forecast, the index is trading at 33151. At the moment, we should expect an attempt to develop a correction and test the resistance…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.0954 and continues to move as part of the fall and the downward channel. Moving averages indicate a bearish trend. Prices have gone down from 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 1.1255. Where is the expected rebound and continued fall of the Euro Dollar. The potential target…
BRENT complete the trading week near the area of 111.14 dollars per barrel. And it continues to move within the framework of strong growth 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 105.05. Then, it is worth considering a rebound upwards and the continuation of the growth of oil in the…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.3083. 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 1.3295. 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 114.69 Rubles per US Dollar. The pair continues to move within the correction and the bullish channel. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the US dollar and a likely continuation of the pair’s growth already from these levels. In the current trading week March 14 — 18, 2022 we should expect an attempt to develop a decline and test the support area near the level of 105.05.…