Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall and the beginning of the development of the ”Triangle” model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 73.03. Moving averages indicate a short-term bearish trend. Prices moved down from the area between the signal lines, which indicates pressure from sellers of the US currency and a potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the Dollar exchange rate forecast for March 16, 2021, we…
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.
BTC/USD are traded at 56151 and continue to move as part of the correction and the ascending channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $1,047,896,859,608. Moving averages indicate a short-term bullish trend for Bitcoin. Prices went up from 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, March 16, 2021, we should expect an attempt to develop a correction in the value of a…
Ethereum are traded at 1758.38 and continue to move as part of the correction and the ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $204,323,013,374. 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 correction in the value of the coin and a test of the support level near the area of…
XRP/USD are trading at 0.4238 and continue to move within the correction and the upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $19,635,292,600. Moving averages indicate a short-term bullish trend for Ripple. 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 XRP rate drop in the market already from the current levels. At the moment, we should expect an attempt to develop a downward correction of the asset and a test of the…
Stock index S&P 500 continue to move within the framework of growth and left the descending channel. Moving averages indicate a short-term bullish trend. Prices have broken 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 index in the market already from the current levels. At the time of the publication of the forecast, the index is trading at 3945. 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 the level of 204.08 and continue to move as part of the correction and the ascending channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $13,693,456,467 Moving averages indicate a short-term bullish trend for Litecoin. 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 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 1.1910 area. The pair continues to move within the fall and left the ascending channel. Moving averages indicate a bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the European currency and the likely continuation of growth 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 1.1995. Where the rebound is expected from and the continuation of the…
BRENT finish the trading week near the area of 69.61 dollars 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 61.05. Then, a rebound and continued growth of oil to the area above the level of $ 87.45…
Currency pair Pound Dollar GBP/USD ends the trading week near the 1.3918 area. The pair continues to move within the correction and the ascending channel. Moving averages indicate a bullish trend. Prices moved up from 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 1.4075. 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 73.63 Rubles per US Dollar. The pair continues to move as part of the fall and the formation of a large “Triangle” pattern. Moving averages indicate a bullish trend. Prices are again testing from the area between the signal lines, which indicates pressure from US dollar buyers. In the current trading week March 15 — 19, 2021 we should expect an attempt to develop growth and a test of the resistance area near the level of 76.25. Where can we expect a rebound and…