Author: forex24pro

Ethereum are trading at 4157 and continue to move as part of the rise and the bullish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $497,517,097,391. 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 the asset from the current levels. At the moment, we should expect an attempt to develop a rise in the value of the coin and a test of the resistance…

XRP/USD are trading at 1.0968 and continue to move within the correction and bearish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $52,257,488,963. Moving averages indicate a short-term bullish trend for Ripple. Prices are again testing the area between the signal lines upward, 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 asset growth and test the resistance level near the 1.1045 area. Further,…

Stock index S&P 500 continue to move within the framework of the rise and the bullish channel. Moving averages indicate a short-term bullish trend. Prices broke up the area between the signal lines upward, which indicates pressure from the buyers of the asset and a potential continuation of the rise 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 4581. At the moment, we should expect an attempt to develop a fall and test the support level near the 4505 area. Where…

LTC/USD are trading at 191.33 and continue to move within the correction and the bullish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $13,312,984,203. 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 rise in the value of a digital asset and a test of the resistance level near the 195.05 area.…

DOGE/USD are trading at 0.2641 and continue to move within the growth and bullish channel. Moving averages indicate a short-term bullish trend for Dogecoin. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise 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 0.2565 area. Where can we expect a rebound again and a continuation of the rise in the Dogecoin rate…

Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1635 area. The pair continues to move as part of the fall and the beginning of the development of the large “Head and Shoulders” reversal pattern. 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 1.1775. Where…

BRENT finish the trading week near the area of ​​$ 84.53 per barrel. And it continues to move within the framework of the rise and the bullish channel. Moving averages indicate a bullish trend. Prices moved up from 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 76.55. 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 1.3780 area. The pair continues to move within the correction and the downward channel. Prices have broken the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of the rise in the British Pound against the US Dollar at current levels. At this point, we should expect an attempt to reduce and test the support area near the level of 1.3475. Further, an upward rebound and the beginning of the rise in the Pound/Dollar quotes to the area above the level of 1.4605.…

Currency pair US Dollar to Russian Ruble USD/RUB ends the trading week near the level of 70.37 Rubles per US Dollar. The pair continues to move as part of the fall and the beginning of the ”Triangle” pattern. Moving averages indicate a downtrend. Prices broke through the area between the signal lines downward, which indicates pressure from the US dollar sellers and the likely continuation of the pair’s fall from these levels. In the current trading week October 25 — 29, 2021 we should expect an attempt to develop a correction and test the resistance area near the level of…

Currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the 0.7487 area. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish 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 in the value of the currency pair. At the moment, we should expect an attempt to continue the development of a bullish correction and test the resistance area near the level of 0.7545. Then, the rebound and the continuation of the…