Author: forex24pro

Apple continue to move as part of the correction and the formation of the ”Triangle” pattern. Moving averages indicate a short-term bullish trend for Apple. Prices are retesting the area between the signal lines, which indicates pressure from stock buyers. At the time of publication of the forecast, the share price is 146.15. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the 144.05 area. Further, a rebound and continued growth in the value of securities. A potential target of such a movement is the area above…

Cardano are traded at 1.5633 and continue to move within the rally and the bullish channel. The capitalization of the Cardano cryptocurrency at the time of the publication of the forecast is $50,261,077,697. Moving averages indicate a short-term bullish trend for Cardano. 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 1.5205…

DOT/USD quotes are trading at 20.87 and continue to move within the growth and bullish channel. The capitalization of the Polkadot cryptocurrency at the time of the publication of the forecast is $20,542,548,079. Moving averages indicate a short-term bullish trend for Polkadot. 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 19.85…

XLM/USD are trading at 0.3066 and continue to move as part of the rise and the formation of the ”Triangle” pattern. Cryptocurrency capitalization of Stellar at the time of the publication of the forecast is $7,218,022,126. Moving averages indicate a short-term bullish trend for Stellar. 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…

Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1760 area. The pair continues to move within the correction and completion of the large “Head and Shoulders” reversal pattern. As you can see, prices are once again trying to gain a foothold under the “Neck” line. Once the bears are able to break through this support area, it is worth considering a serious drop in the currency pair. Moving averages indicate a bullish trend for the pair. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the European currency and…

BRENT finish the trading week near the area of ​​$ 70.77 per barrel. And it continues to move within the correction and the ascending channel. Moving averages indicate a bullish trend. Prices are again testing 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 fall and a test of the support area near the level of 63.45. Then, a rebound and continued growth of oil to the area above the level of $ 90.65 per barrel. BRENT…

Currency pair Pound Dollar GBP/USD ends the trading week near the 1.3873 area. The pair continues to move within the correction and the bullish 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 grow and test the resistance area near the level of 1.4025. Further, the rebound and the beginning of the fall in the Pound/Dollar quotes to the area below the level of 1.2655. GBP/USD…

Currency pair US Dollar to Russian Ruble USD/RUB ends the trading week near the level of 73.36 Rubles per US Dollar. The pair continues to move within the framework of the correction and the formation of the ”Triangle” pattern. Moving averages indicate a bullish trend. 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 August 9 — 13, 2021 we should expect an attempt to develop a correction and test the resistance area near the…

Currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the 0.7353 area. The pair continues to move within the correction and the bullish channel. Moving averages indicate a bullish trend. However, 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 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 0.7525. Then, the rebound and the continuation…

The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.2552. The pair continues to move within the correction. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall. At the moment, we should expect an attempt to develop a decline and test the support level near the 1.2305 area. Then, a rebound upward and the beginning of the rise in quotations with a target above the level of 1.3405. USD/CAD…