Ethereum ETH/USD ends the trading week at 509.80 and continues to move within the correction and the upward channel. Moving averages indicate a bullish trend for ETH/USD. Prices went up from the area between the signal lines, which indicates pressure from cryptocurrency buyers and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a slight downward correction and a test of the support level near the 465.05 area. Where can we expect a rebound again and continued growth in the rate and value of Ethereum with a potential target above…
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 end the trading week at the level of 0.5312 and continue to move within the correction and the ascending channel. Moving averages indicate a bullish trend. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the growth of the cryptocurrency from the current levels. At the moment, we should expect an attempt to develop a correction and a test of the support area near 0.3985. Where can we expect a rebound again and a continued rise in the cryptocurrency to the area above the level of 0.8845. XRP…
Litecoin LTC/USD ends the trading week at 68.00 and continues to move as part of the correction after a strong growth and the start of the “Triangle” pattern. Moving averages indicate a bullish trend. Prices moved up from the area between the signal lines. This indicates pressure from buyers of the digital asset and the potential continued growth of the Litecoin rate in the current trading week. At the moment, we should expect an attempt to develop a correction and a test of the support area near the level of 63.55. Where can we expect a rebound again and an…
Bitcoin Cash ends the trading week at 264.30 and continues to move as part of the correction and the formation of the “Triangle” pattern. Moving averages indicate a bearish trend. However, prices have broken the area between the signal lines upwards, which indicates pressure from buyers of the coin and potential continued growth. As part of the BCH/USD rate forecast for the next trading week, we should expect an attempt to fall in the value of a digital asset and a test of the support area near the level of 235.05. From where a rebound is expected again and an…
Silver ends the trading week near the 23.23 area. Quotes continue to move within the correction and 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 metal and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop an asset value correction and a test of the support level near the 21.45 area. Further, the continued growth in the price of Silver with a potential target above the level of 29.85. Silver…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the downward “Wolfe Wave” pattern on higher timeframes. Moving averages indicate a short-term bullish trend for the pair. Prices are again bouncing upward from the area between the signal lines, which indicates pressure from buyers of the European currency and a potential continuation of growth from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.1896. As you can see, after a strong fear, the bulls were able to seize the initiative. As part of the…
Currency pair Pound/Dollar GBP/USD continues to move as part of the continued growth of growth and the development of the bearish ”Wolfe Wave” pattern. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3328. Moving averages indicate a short-term bullish trend. Prices pushed 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 at a bullish correction of the British Pound against the US Dollar…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and the formation of the downward “Wolfe Wave” pattern. Moving averages indicate a short-term bullish trend. Prices broke the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument’s value from the current levels. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7347. At the moment, we should expect an attempt to develop growth and test the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the ascending channel. An inverted Head and Shoulders pattern is also formed here. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 104.40. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the US Dollar and a potential continuation of the fall in prices from the current levels. As part of the…
Brent continue to move within the growth and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 48.36 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices went up from the area between the signal lines, which indicates pressure from buyers of “Black Gold” and a potential continuation of the rise in the value of the asset from the current levels. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of $ 46.55 per…