Author: forex24pro

BTC/USD are trading at 64858 and continue to move as part of the growth and the bullish channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $1,224,339,104,179. Moving averages indicate a short-term sideways trend in Bitcoin. Prices have broken the area between the signal lines upwards, which indicates pressure from buyers of “Digital Gold” and a potential continuation of the growth of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, November 12, 2021, we should expect an attempt to develop a correction in the…

Ethereum are trading at 4691 and continue to move as part of the growth and the bullish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $557,437,316,855. Moving averages indicate a short-term bullish trend for Ethereum. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the rise in the value of the asset from the current levels. At the moment, we should expect an attempt to develop a small correction in the value of the coin and a test of the…

XRP/USD are trading at 1.2149 and continue to move within the growth and bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $57,045,374,799. Moving averages indicate a short-term bullish trend for Ripple. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the XRP rate growth in the market already from current levels. At the moment, we should expect an attempt to develop an asset correction and a test of the support level near the 1.0665 area. Further,…

Stock index S&P 500 continue to move within the correction and the bullish channel. Moving averages indicate a short-term bullish trend. Prices have broken up the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continuation of the rise of the stock exchange index in the market from the current levels. At the time of the publication of the forecast, the index is trading at 4658. At the moment, we should expect an attempt to develop a small correction and test the support level near the 4605 area. Where can we expect…

LTC/USD are trading at 264.74 and continue to move as part of the correction after a strong growth. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $18,248,172,717. Moving averages indicate a short-term bullish trend for Litecoin. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the support level near the…

DOGE/USD are traded at 0.2607 and continue to move within the correction and the bullish channel. Moving averages indicate a short-term bearish trend for Dogecoin. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the support level near the 0.2585 area. Where can we expect a rebound again and continued growth in the Dogecoin rate with…

SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00005395, continues to move within the framework of the rise and the downward correction channel. The current price structure still resembles the formation of an inverted Head and Shoulders reversal pattern. As expected, there was a slight upward rebound in the price, I would like to believe that this is only the beginning of a long rise in the coin. Moving averages indicate a bearish trend. Prices are again testing the areas between the signal lines, which indicates pressure from the sellers of…

Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the downward channel. There is potential for a Triangle to form if sellers fail to break through the support area. Moving averages indicate a short-term bearish trend for the pair. Prices are bouncing again from the area between the signal lines, which indicates pressure from the sellers of the European currency and a potential continuation of the fall in the asset quotes from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.1554. As part of the Forex forecast…

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 rate of the Pound to the US Dollar on Forex is 1.3505. Moving averages indicate a short-term bearish trend. Prices went down again from the area between the signal lines, which indicates pressure from the sellers of the currency pair and the potential continuation of the fall of the instrument. At the moment, we should expect an attempt to increase the price of the British Pound against the US Dollar and test the resistance…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall in the value of the instrument already from the current levels. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7357. At the moment, we should expect an attempt to develop a rise and test…