Author: forex24pro

BTC/USD are trading at 62252 and continue to move as part of the rise and the bullish channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $1,175,101,269,014. Moving averages indicate a short-term bullish trend for Bitcoin. Prices went up from the area between the signal lines up, which indicates pressure from buyers of “Digital Gold” and a potential continuation of the rise in the value of the asset already from the current levels. As part of the cryptocurrency rate forecast for tomorrow, October 20, 2021, we should expect an attempt to develop…

Ethereum are trading at 3805 and continue to move as part of the rise and the downtrend channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $449,498,801,551. Moving averages indicate a short-term bullish trend for Ethereum. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the rise in the asset value from the current levels. At the moment, we should expect an attempt to develop a correction in the value of the coin and a test of the resistance level near…

XRP/USD are trading at 1.0853 and continue to move as part of the correction and the bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $51,163,613,229. Moving averages indicate a short-term bullish trend for Ripple. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise in the XRP rate in the market already from current levels. At the moment, we should expect an attempt to develop a decline in the asset and a test of the…

Stock index S&P 500 continue to move in the framework of the correction and the beginning of the development of the bullish “Head and Shoulders” pattern. Moving averages indicate a short-term bullish trend. Prices broke 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 index in the market from the current levels. At the time of the publication of the forecast, the index is trading at 4498. At the moment, we should expect an attempt to develop a fall and test the support…

LTC/USD are trading at the level of 188.15 and continue to move as part of the rise and the bullish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $12,922,736,211. Moving averages indicate a short-term bullish trend for Litecoin. 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 decrease 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 correction and the downward channel. 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 the sellers of the European currency and a potential continuation of the fall in asset quotes from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.1602. As part of the Forex forecast for October 19, 2021, we should expect an attempt to develop a price correction and test the resistance level,…

Currency pair Pound/Dollar GBP/USD continues to move within the bullish correction and bearish channel. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3741. Moving averages indicate a short-term bearish trend. Prices are again testing 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 raise the price of the British Pound against the US Dollar and test the resistance area near the…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the rise and the formation of the ”Triangle” model. Moving averages indicate a short-term bearish trend. Prices have broken the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continuation of the rise 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 0.7419. At the moment, we should expect an attempt to develop a rise…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the rise and the bullish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 114.20. 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 exchange…

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 $ 84.71 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 decline and a test of the support level near the area of ​​$…