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 4617. At the moment, we should expect an attempt to develop a small correction and test the support level near the 4525 area. Where can we expect…
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.
LTC/USD are trading at 201.75 and continue to move as part of the growth and left the bearish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $13,654,657,612. 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…
DOGE/USD are traded at 0.2680 and continue to move as part of the correction and the bullish 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 correction in the value of a digital asset and a test of the support level near the 0.2545 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 0.00007042 and continues to move as part of the correction and the formation of the “Triangle” pattern. Moving averages indicate a bearish trend. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the coin and a potential continuation of the fall from the current levels. As part of the SHIB/USD rate forecast, one should not consider an attempt to develop a correction in the value of a digital asset and a test of the support…
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices broke through the area between the signal lines downward, 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 EUR/USD rate is 1.1587. As part of the Forex forecast for November 3, 2021, we should expect an attempt to continue the development of a bullish price correction and…
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 1.3632. Moving averages indicate a short-term bullish trend. Prices have broken through the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall of the instrument. At the moment, we should expect an attempt to correct the price of the British Pound against the US Dollar and test the resistance area…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the beginning of the development of the bearish Wolfe Wave pattern. Moving averages indicate a short-term bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the rise in the value of the instrument from the current levels. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7503. At the moment, we should expect an attempt…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 113.57. Moving averages indicate a short-term bullish trend for the pair. The prices have broken the area between the signal lines upwards, which indicates the pressure from the buyers of the US Dollar and the potential continuation of the rise in prices already from the current levels. As part of the forecast for the Japanese Yen rate…
Brent continue to move within the framework of the rise and the bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 84.92 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices went up from the area between the signal lines, which indicates pressure from buyers of ”Black Gold” and a potential continuation of the growth of the asset value from the current levels. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of $…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the ”Triangle” model. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2405. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the pair of prices in the near future. At the moment, we should expect an attempt to develop a correction and a test…