Ethereum are trading at the level of 2042.12 and continue to move as part of the correction and the beginning of the development of the “Triangle” model. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $236,416,974,739. 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 a correction in the value of the coin and…
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.
XRP/USD are trading at 0.9586 and continue to move as part of the correction after a strong growth and an upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $43,413,052,427. Moving averages indicate a short-term bullish trend for Ripple. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and the potential continued growth of the XRP rate 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…
Stock index S&P 500 continue to move within the framework of the growth and the ascending channel. Moving averages indicate a short-term bullish trend. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the growth 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 4079. At the moment, we should expect an attempt to develop a correction and test the support level near the 4035 area. Where…
LTC/USD are traded at 224.12 and continue to move as part of the growth and the beginning of the development of the large “Triangle” pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $14,976,713,766. Moving averages indicate a short-term bullish trend for Litecoin. Prices went up from the area between the signal lines, 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…
Newcomers can’t cope up with the situation easily. For this reason, they face several problems and lose money. As a beginner, if you think that you can make money by sitting in front of the laptop and clicking on the keyboard, then, you are making big mistakes. Because trading is not so easy thing to do. You need to build the necessary skills and gather the important information to become successful in trading. Otherwise, you will fail to cope up with the situation. Without facing any problem, you can’t reach your goal. But, you need to learn how to solve…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and development of the bullish “Wolfe Wave” model. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing 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 1.1883. As part of the Forex forecast for April 8, 2021, we should expect an attempt to develop a downward correction and a…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall 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 1.3776. Moving averages indicate a short-term sideways 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 bullish correction and the beginning of the development of the “Head and Shoulders” reversal pattern. Moving averages indicate a short-term bearish trend. Prices are again repelled from the area between the signal lines, 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 0.7630. At the moment,…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the framework of a slight correction and an upward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 109.71. 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 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 April 8, 2021,…
Brent continue to move within the correction and left the descending channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 62.50 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices continue to push away from the area between the signal lines, which indicates pressure from sellers of “Black Gold” and a potential continuation of the fall in the value of the asset already from the current levels. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near…