Author: forex24pro

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and left the descending channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 75.82. Moving averages indicate a short-term bullish trend. Prices have broken the area between the signal lines upward, which indicates pressure from buyers 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 30, 2021, we should expect an attempt to…

BTC/USD are trading at 56064 and continue to move within the growth and bearish channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $1,047,782,450,806. Moving averages indicate a short-term sideways trend in 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 30, 2021, we should expect an attempt to develop a correction in the value of a…

Ethereum are trading at 1703.38 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 $196,966,068,262. 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 the level of 0.5553 and continue to move within the growth and ascending channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $25,417,079,971. 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…

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 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 the level of 3942. At the moment, we should expect an attempt to develop a correction and test the support level near the…

LTC/USD are traded at 193.48 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 $13,010,948,417. 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…

Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1931 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 1.1985. Where is the rebound and the continuation of the fall of…

BRENT finish the trading week near the area of ​​$ 64.18 per barrel. And it 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 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 56.25. Then, a rebound and continued growth of oil to the area above the level of $ 85.05 per barrel. BRENT…

Currency pair Pound Dollar GBP/USD ends the trading week near the 1.3789 area. The pair continues to move within the framework of the growth and ascending channel. Moving averages indicate a bullish trend. Prices are bouncing off 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 1.4145. Further, the rebound and the beginning of the fall in the Pound/Dollar quotes to…

Currency pair US Dollar to Russian Ruble USD/RUB ends the trading week near the level of 75.76 Rubles per US Dollar. The pair continues to move as part of the correction 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 the US dollar buyers. In the current trading week March 29 — April 2, 2021 we should expect an attempt to develop a correction and a test of the support area near the level of 72.55. Where can we expect…