Ethereum ETH/USD ends the trading week at 3441 and continues to move as part of the correction and the formation of the ”Triangle” pattern. Moving averages indicate a bullish trend for ETH/USD. Prices went up from the area between the signal lines, which indicates pressure from cryptocurrency buyers and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a price correction and test the support level near the 2905 area. Where can we expect a rebound and a continuation of the rise in the rate and value of Ethereum with…
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.
XRP/USD end the trading week at 1.0683 and continue to move within the correction and the bullish channel. Moving averages indicate a bullish trend. Prices broke through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of the cryptocurrency growth from the current levels. At the moment, we should expect an attempt to develop a correction and a test of the support area near 0.8755. Where can we expect a rebound again and a continuation of the rise of the cryptocurrency to the area above the level of 1.8005. Cryptocurrency XRP Forecast and…
Litecoin LTC/USD ends the trading week at 181.51 and continues to move within the correction and the bullish channel. Moving averages indicate a bearish trend. Prices broke through the area between the signal lines upwards. This indicates pressure from buyers of the digital asset and the potential continued growth of the Litecoin rate in the current trading week. At the moment, we should expect an attempt to develop a price decline and a test of the support area near the level of 145.05. Where can we expect a rebound again and an attempt to raise the value of Litecoin with…
Bitcoin Cash ends the trading week at 626.52 and continues to move as part of the correction and the bullish channel. Moving averages indicate a bullish trend. Prices have broken the area between the signal lines upwards, which indicates pressure from buyers of the coin and a potential continuation of the rise. As part of the BCH/USD rate forecast for the next trading week, we should expect an attempt to reduce the value of a digital asset and a test of the support area near the level of 415.05. From where a rebound is expected again and an attempt to…
Silver ends the trading week near the 22.37 area. Quotes continue to move as part of the fall and the development of the ”Triangle” model. Moving averages indicate a bullish trend for the pair. However, prices broke through the area between the signal lines downward, which indicates pressure from sellers of the metal and a potential continuation of the decline from the current levels. At the moment, we should expect an attempt to develop a slight bullish correction in the value of the asset and a test of the resistance level near the area of 24.45. Further, the continuation of…
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 17, 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 1.3786. Moving averages indicate a short-term bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument. At the moment, we should expect an attempt to raise the British Pound against the US Dollar and test the resistance area…
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 0.7286. 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 109.65. Moving averages indicate a short-term bullish 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 17, 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 $ 75.18 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…