XRP/USD are trading at 0.5733 and continue to move as part of the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $26,397,486,134. Moving averages indicate a short-term bearish trend for Ripple. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the asset and the potential continuation of the XRP rate drop in the market from the current levels. At the moment, we should expect an attempt to develop an asset correction and test the resistance level near the 0.5955…
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.
Stock index S&P 500 continue to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. 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 4293. At the moment, we should expect an attempt to develop a rise and test the resistance level near the 4355…
LTC/USD are traded at 119.28 and continue to move as part of a decline and a downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $7,799,692,315. Moving averages indicate a short-term bearish trend for Litecoin. Prices went down from the area between the signal lines, 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 a test of the resistance level…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1797 area. The pair continues to move as part of the correction and the formation of a large “Head and Shoulders” reversal pattern. Moving averages indicate a bullish 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 the likely continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 1.1905. Where…
BRENT finish the trading week near the area of $ 72.49 per barrel. And it continues to move within the framework of the growth and the upward channel. Moving averages indicate a bullish trend. Prices moved up from 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 68.25. Then, a rebound and continued growth of oil to the area above the level of $ 88.55…
Currency pair Pound Dollar GBP/USD ends the trading week near the 1.3779 area. The pair continues to move within the fall and left the bullish channel. Moving averages indicate a bullish trend. Prices are testing the area between the signal lines, 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 1.3925. Further, the rebound and the beginning of the fall in the Pound/Dollar quotes to the area…
Currency pair US Dollar to Russian Ruble USD/RUB ends the trading week near the level of 74.19 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 have broken the area between the signal lines upward, which indicates pressure from the US dollar buyers. In the current trading week July 19 — 23, 2021 we should expect an attempt to develop a correction and a test of the resistance area near the level of 75.55. Where can we expect a rebound…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the 0.7400 area. The pair continues to move within the fall and the downtrend channel. Moving averages indicate a bullish trend. 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 0.7625. Then, the rebound and the continuation of…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.2607. The pair continues to move as part of the rise and has left the downtrend channel. 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 1.2375 area. Then, a rebound upward and the beginning of the rise in quotations with…
Quotes of the pair USD/JPY US Dollar to Japanese Yen end the trading week near the 110.20 area. The pair continues to move within the framework of the growth and the ascending channel. Moving averages indicate a bullish trend. Prices have broken the area between the signal lines upward, which indicates pressure from the US dollar buyers and a potential continuation of the rise. At the moment, we should expect an attempt to develop a correction and a test of the support level near the 108.85 area. Then, the rebound and the continuation of the rise of the pair to…