Author: forex24pro

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of a strong correction and a bullish downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 71.94. 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 US currency and a potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for November 4, 2021, we should expect an…

BTC/USD are traded at 62586 and continue to move as part of the correction and the formation of the “Triangle” pattern. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $1,164,829,883,223. 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 4, 2021, we should expect an attempt to develop a…

Ethereum are trading at 4554 and continue to move as part of the growth and the bullish channel, prices approached the upper border of this channel. In the event of a breakdown, you can postpone the height up and expect a rise at least to the channel height. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $527,685,008,034. 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…

XRP/USD are trading at 1.1640 and continue to move as part of the growth and left the descending channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $54,357,396,109. Moving averages indicate a short-term bullish trend for Ripple. Prices went up from 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 the current levels. At the moment, we should expect an attempt to develop an asset correction and a test of the support…

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…

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…