Author: forex24pro

Ethereum are trading at 1653.71 and continue to move as part of the correction and the formation of an inverted head and shoulders pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $190,336,266,922. Moving averages indicate a short-term bearish trend for Ethereum. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the asset value already from current levels. At the moment, we should expect an attempt to develop a downward correction in the value of the coin and…

LTC/USD are traded at 181.76 and continue to move within the correction and the upward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $12,186,662,066. Moving averages indicate a short-term bullish trend for Litecoin. 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 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 near the 165.95…

XRP/USD are trading at 0.4678 and continue to move within the correction and the upward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $21,523,852,906. 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 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 support level near the 0.4175 area.…

Stock index S&P 500 continue to move within the correction and the upward channel. 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 asset and the 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 3894. At the moment, we should expect an attempt to develop a correction and test the support level near the 3855 area. Where can we expect a rebound…

BCH/USD are trading at 531.68 and continue to move as part of the correction and the downward channel. The capitalization of the Bitcoin Cash cryptocurrency at the time of the publication of the forecast is $9,974,279,024. Moving averages indicate a short-term bullish trend for Bitcoin Cash. Prices are testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth from the current levels. As part of the cryptocurrency rate forecast for February 25, 2021, we should expect an attempt to develop an asset price correction and test the support level…

Are you planning a trip abroad? It’s easy to get caught up in finding the perfect travel destinations and planning your itinerary. But, besides preparing for where you want to go, your travel budget should also be on top of mind if you plan to have a stress-free vacation abroad. Typically travel budget includes how much money you’re willing to spend and then converting that to your destination’s foreign currency. Whether you’re a travel junkie or a first-timer, carrying cash can be convenient, especially when some shops abroad don’t accept foreign credit cards. As a traveler, you’ll want to get…

Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and completion of the formation of the inverted “Head and Shoulders” reversal pattern. Moving averages indicate a short-term bullish 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 growth of quotations already from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.2150. As part of the Forex forecast for February 24, 2021, we should expect an attempt to develop…

Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and the rising channel. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.4083. 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 currency pair and the potential continued growth of the instrument. At the moment, we should expect an attempt to correct the British Pound against the US Dollar and test the support area near the level of 1.3965. Where…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part 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 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 0.7905. At the moment, we should expect an attempt to develop a decline and test the…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction and the downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 105.32. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines again, which indicates pressure from the 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 February 24, 2021, we should expect…