Author: forex24pro

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the ”Head and Shoulders” reversal pattern and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 74.15. Moving averages indicate a short-term bullish trend. Prices moved up from the area between the signal lines, which indicates pressure from buyers of the US currency and a potential continuation of the rise in the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for…

BTC/USD are trading at 46814 and continue to move as part of the correction and the bullish channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $918,097,451,636. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are again testing the area between the signal lines, 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, August 27, 2021, we should expect an attempt to develop a correction in the value of a…

Ethereum are trading at the level of 3099.76 and continue to move within the correction and the bullish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $378,228,192,171. Moving averages indicate a short-term bullish trend for Ethereum. Prices are testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the asset’s price growth from the current levels. At the moment, we should expect an attempt to develop a decrease in the value of the coin and a test of the support level near the area…

XRP/USD are trading at 1.0709 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 $54,037,820,652. Moving averages indicate a short-term uptrend in 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 XRP rate growth in the market already from current levels. At the moment, we should expect an attempt to develop an asset correction and a test of the support level near the 0.9705…

Stock index S&P 500 continue to move within the framework of the growth and the bullish channel. Moving averages indicate a short-term uptrend. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the growth 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 4470. At the moment, we should expect an attempt to develop a decline and test the support level near the 4375 area. Where can we expect a…

LTC/USD are trading at 166.57 and continue to move within the fall and the bullish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $11,839,048,291. 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 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 area…

In every circle, there’s always that one friend or person who you find so hard to shop for. It could be a family member, a close friend, or a colleague who’s just not into the usual things because they seem to have different perspectives in life. Sometimes, it can also be because of the nature of their work. Certain professionals can be pretty tricky to find a gift for, such as financial traders. Do you have a trader friend or family member? What did you give them on their last birthday or other special occasions? If you’re struggling with finding…

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 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 quotations from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.1743. As part of the Forex forecast for August 25, 2021, we should expect an attempt to develop a slight rise in prices and a test of the…

Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the ”Triangle” model. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3729. 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 area…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the downward channel. Moving averages indicate a short-term bearish trend. Prices are again pushing the area between the signal lines, which indicates pressure from the sellers of the currency pair and the 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 0.7252. At the moment, we should expect an attempt to develop a rise and test…