XRP/USD are trading at 0.8168 and continue to move as part of the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $39,163,891,249. Moving averages indicate a short-term bearish trend for Ripple. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the XRP rate decline in the market already from current levels. At the moment, we should expect an attempt to develop asset growth and test the resistance level near the 0.8455 area.…
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 within the framework of the growth and the bullish channel. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continuation of the growth of the stock exchange index in the market already from the current levels. At the time of the publication of the forecast, the index is trading at the level of 4686. At the moment, we should expect an attempt to develop a correction and test the support level near the 4595…
LTC/USD are traded at 154.58 and continue to move as part of the correction and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $10,753,128,643. Moving averages indicate a short-term bearish trend for Litecoin. Prices went down from the area between the signal lines, 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 bullish correction in the value of a digital asset and a test of the resistance…
DOGE/USD are traded at 0.1644 and continue to move within the fall and the downward channel. 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 from the current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of a digital asset and a test of the support level near the 0.1915 area. Where can we expect a rebound down again and the continuation of the fall in the…
SHIBA INU is traded at the time of the publication of the forecast at the level of 0.00003450, continues to move as part of the correction and the formation of the ”Triangle” pattern. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from the coin’s buyers and a potential continuation of growth from the current levels. As part of the SHIB/USD rate forecast, one should not consider an attempt to develop a bullish correction in the value of a digital asset and a test of the resistance area near the…
BNB/USD are trading at 549.06 and continue to move as part of the fall and the downward channel. Moving averages indicate a short-term bullish trend for Binance Coin. Prices broke down the area between the signal lines, 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 bullish correction in the value of a digital asset and a test of the resistance level near the area of 575.05. Where can we expect a rebound again and the continuation of…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1295 area. The pair continues to move within the fall and the downtrend channel. Moving averages indicate a bearish trend. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the European currency and the likely continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 1.1365. Where the rebound is expected from and the continuation of the fall of…
BRENT finish the trading week near the area of $ 74.53 per barrel. And it continues to move within the framework of the growth and the bullish channel. Moving averages indicate a bullish trend. Prices are again testing 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 downward correction and a test of the support area near the level of 63.55. Then, the rebound and the continuation of the rise in oil to the area above the…
Currency pair Pound Dollar GBP/USD ends the trading week near the 1.3219 area. The pair continues to move within the fall and the downtrend channel. Moving averages indicate a bearish trend. Prices have broken down the area between the signal lines, which indicates pressure from sellers and a potential continuation of the decline in the British Pound against the US Dollar at current levels. At this point, we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 1.3305. Further, a rebound down and the continuation of the fall in…
Currency pair US Dollar to Russian Ruble USD/RUB ends the trading week near the level of 73.50 Rubles per US Dollar. The pair continues to move within the correction and the bearish channel. Moving averages indicate a downtrend. The prices broke through the area between the signal lines upward, which indicates pressure from the US dollar buyers and the likely continuation of the pair’s growth from these levels. In the current trading week December 13 — 17, 2021 we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 74.45.…