Ethereum are trading at 3530 and continue to move as part of the rise and the formation of the “Head and Shoulders” reversal pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $424,616,173,587. 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 asset’s price growth from the current levels. At the moment, we should expect an attempt to develop the growth in the value of the coin and test the resistance…
Author: forex24pro
XRP/USD are trading at 1.0971 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 $51,379,689,380. Moving averages indicate a short-term bullish trend for 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…
Stock index S&P 500 continue to move in the framework of the beginning of the rise and the bullish channel. Moving averages indicate a short-term uptrend. 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 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 the level of 4445. At the moment, we should expect an attempt to develop a decline and test the support level near the 4405…
LTC/USD are traded at 188.62 and continue to move within the correction and the bullish channel. The “Head and Shoulders” reversal pattern is also forming here. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $12,607,494,312. Moving averages indicate a short-term bullish trend for Litecoin. Prices are 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 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 downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the European currency and a potential continuation of the rise in asset quotes from current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.1822. As part of the Forex forecast for September 15, 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 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 1.3853. Moving averages indicate a short-term bearish trend. Prices broke through the area between the signal lines upward, 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 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 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 0.7359. At the moment, we should expect an attempt to develop a rise and test the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue 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 US Dollar to the Japanese Yen is 109.65. Moving averages indicate a short-term bullish trend for the pair. Prices have broken down 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…
Brent continue to move within the growth and bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 73.76 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 $ 71.95 per barrel. Further,…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2674. Moving averages indicate a short-term bullish trend for the pair. Prices are again testing 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 a decline and test the support level near the…