Author: forex24pro

XRP/USD are trading at 0.9763 and continue to move as part of the decline and the formation of a “Wedge” reversal pattern. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $44,284,294,089. Moving averages indicate a short-term sideways trend in Ripple. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the XRP rate decline in the market already from current levels. At the moment, we should expect an attempt to develop a decline in the asset and a…

Stock index S&P 500 continue to move as part of the correction and a strong fall. Moving averages indicate a short-term uptrend. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall 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 4391. At the moment, we should expect an attempt to develop a rise and test the resistance level near the 4435 area. Where can we expect a…

LTC/USD are traded at 160.27 and continue to move as part of the fall and the beginning of the “Head and Shoulders” reversal pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $10,699,361,182. Moving averages indicate a short-term bullish trend for Litecoin. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a rise in the value of a digital asset and…

Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the ”Head and Shoulders” reversal pattern. 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 rate of the Euro to the US Dollar is 1.1810. As part of the Forex forecast for September 21, 2021, we should expect…

Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the formation of a large ”Triangle” pattern. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3681. Moving averages indicate a short-term bearish trend. Prices went down from 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 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 downward channel. Moving averages indicate a short-term bearish trend. Prices went down from the area between the signal lines, 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 0.7234. At the moment, we should expect an attempt to develop a rise and test…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall and the downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 109.75. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the US Dollar and a potential continuation of the price decline from the current levels. As part of the forecast for the Japanese Yen rate for September 21, 2021, we…

Brent continue to move within the framework of growth and left the channel’s descending channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 74.48 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…

Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and the formation of a reversal pattern. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2809. Moving averages indicate a short-term bullish trend for the pair. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the growth of the price pair in the near future. At the moment, we should expect an attempt to develop growth and test the resistance level…

GOLD continue to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. At the time of the publication of the forecast, the price of GOLD is 1752 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices broke through the areas between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a decline and test the support level near the 1740 area. Where can we expect…