XRP/USD are trading at 1.2459 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 $58,766,259,316. 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 1.1405 area. Further,…
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 formation of the ”Triangle” model 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 4692. At the moment, we should expect an attempt to develop a small correction and test the support level near the…
LTC/USD are trading at 251.17 and continue to move within the framework of a strong growth and a bullish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $17,795,740,835. 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…
DOGE/USD are trading at 0.2770 and continue to move as part of the rise and the bullish channel. Moving averages indicate a short-term bullish trend for Dogecoin. Prices are again pushing 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 0.2575 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 0.00005593 and continues to move within the correction and the downtrend channel. The current price structure is very reminiscent of the formation of the Head and Shoulders reversal pattern. Moving averages indicate a bearish trend. Prices are again pushing the area between the signal lines, 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…
If you want to get into a new market, investing in penny stocks is one strategy to get started. However, before you dive into penny stock investing, make sure you understand the fundamentals and know what to look for in these bargain-priced companies before you invest. What Are Penny Stocks Penny stocks are shares of small businesses that trade for less than USD$5 per share. The low price enables investors to acquire a large number of shares with the expectation that the value will rise. Penny stocks are often traded outside of the mainstream stock exchanges because the major stock…
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 Euro/US Dollar rate is 1.1558. As part of the Forex forecast for November 9, 2021, we should expect an attempt to continue the development of a bullish price correction…
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 1.3480. Moving averages indicate a short-term bearish trend. Prices broke through the area between the signal lines downward, 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 rise in 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 beginning of the development of the ”Wolfe Wave” model. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines downward, 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 0.7405. At the moment, we should expect an…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of the ”Triangle” model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 113.51. Moving averages indicate a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from the US Dollar buyers and a potential continuation of the rise in prices from the current levels. As part of the forecast for the Japanese Yen rate for…