Author: forex24pro

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the bullish channel. Here the bearish Wolfe Wave pattern continues to form. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the currency pair and a potential continuation of the growth in the value of the instrument already from current levels. At the time of publication of the Forex forecast, the exchange rate of the New Zealand Dollar…

Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the formation of the bullish “Expanding Triangle” pattern. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9231. The moving averages indicate a short-term bearish trend in pre. Prices have broken through the area between the signal lines down, 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 the development…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall and the downward channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 81.89. 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 US currency and a potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the USD exchange rate forecast for March 31, 2022, we should expect an…

BTC/USD are trading at the level of 47300 and continue to move as part of the growth and the beginning of the development of the “Triangle” model. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $895,957,616,030. Moving averages indicate a short-term bullish trend for Bitcoin. Prices have broken through the area between the signal lines, which indicates pressure from buyers of Digital Gold and a potential continuation of the fall in the value of the asset from current levels. As part of the cryptocurrency exchange rate forecast for tomorrow, March 31, 2022,…

Ethereum are trading at 3401 and continue to move as part of the growth and development of the “Triangle” model. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $408,643,073,807. Moving averages indicate a short-term bullish trend for Ethereum. Prices have broken through the areas between the signal lines up, which indicates pressure from buyers and a potential continuation of the growth in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a correction in the value of the coin and a test…

XRP/USD are trading at 0.8616 and continue to move as part of the growth and the bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $41,549,704,451. 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…

Stock index S&P 500 continue to move as part of growth and a bullish channel. Moving averages indicate a short-term uptrend. 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 stock index on the market already from current levels. At the time of the publication of the forecast, the index is trading at 4603. At the moment, we should expect an attempt to develop a correction and test the support level near the 4490 area. Where should we expect a rebound…

LTC/USD are trading at 132.73 and continue to move as part of the growth and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $9,268,287,043. Moving averages indicate the presence of a short-term bullish trend for Litecoin. 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 correction in the value of the digital asset and a test of the…

DOGE/USD are trading at 0.1438 and continue to move within the correction and the bullish channel. Moving averages indicate a short-term bullish trend for Dogecoin. Prices have gone up from 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 correction in the value of the digital asset and a test of the support level near the 0.1375 area. Where can we expect a rebound again and the continued growth of the Dogecoin rate with…

SHIBA INU is trading at the time of the publication of the forecast at 0.00002768, continuing to move within the growth and bullish channel. Moving averages indicate the presence of a short-term bullish trend for the coin. Prices have gone up from the area between the signal lines, 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 a test of the support area near the…