Author: forex24pro

BTC/USD are trading at 56064 and continue to move as part of the growth and the formation of an inverted head and shoulders pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $ 1,086,066,788,509. Moving averages indicate a short-term bullish trend for Bitcoin. Prices have broken the area between the signal lines upwards, 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, March 31, 2021, we should expect an attempt to develop…

Ethereum are trading at 1808.23 and continue to move as part of the growth and formation of the ”Triangle” pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $209,620,366,912. Moving averages indicate a short-term bullish trend for Ethereum. Prices are poking around 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 correction in the value of the coin and a test of the support level near…

XRP/USD are trading at 0.5717 and continue to move within the growth and upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $26,426,719,427. Moving averages indicate a short-term bullish trend for Ripple. Prices pushed up from 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 a downward correction of the asset and a test of the support level near the…

Stock index S&P 500 continue to move within the framework of the growth and the ascending channel. Moving averages indicate a short-term bearish trend. Prices broke through the area between the signal lines upwards again, which indicates pressure from buyers of the asset and a potential continuation of the growth of the stock exchange index in the market already from the current levels. At the time of the publication of the forecast, the index is trading at 3959. At the moment, we should expect an attempt to develop a correction and test the support level near the 3915 area. Where…

LTC/USD are traded at 190.27 and continue to move as part of the correction and the formation of a large ”Triangle” pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $12,872,351,813. Moving averages indicate a short-term bullish trend for Litecoin. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continuation of growth 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…

Alcoa Corporation quotes continue to move within the growth and upward channel. Moving averages indicate a short-term bullish trend for Alcoa Corporation. Prices moved up from the area between the signal lines, which indicates pressure from buyers of securities. At the time of publication of the forecast, the share price is 31.95. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the area of ​​24.85. Further, a rebound and continued growth in the value of securities. The potential target of such a movement is the area above…

Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish 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 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 1.1787. As part of the Forex forecast for March 30, 2021, we should expect an attempt to develop growth and test the resistance level, which is located…

Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3784. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines downward, 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 at a bullish correction of the British Pound against the US Dollar and a test of the…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the beginning of the development of a large reversal pattern ”Head and Shoulders”. Moving averages indicate a short-term bearish trend. Prices broke through the area between the signal lines downward, 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 0.7641. At the moment, we…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the ascending channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.52. Moving averages indicate a short-term bullish trend for the pair. Prices moved up from the area between the signal lines, which indicates pressure from US Dollar buyers and a potential continuation of the rise in prices from the current levels. As part of the forecast for the Japanese Yen rate for March 30, 2021, we…