LTC/USD are traded at 87.25 and continue to move within the growth and ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 5,751,927,514. 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 test of the support level near the 82.75 area.…
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 0.4679 and continue to move within the correction and the upward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $ 22,106,834,059. Moving averages indicate a short-term bullish trend for Ripple. Prices have broken up between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise in the XRP rate in the market already from current levels. At the moment, we should expect an attempt to develop a downward correction of a digital asset and a test of the support level near the…
Stock index S&P 500 continue to move as part of the correction and the formation of the “Triangle” model. At the time of the publication of the forecast, the index is trading at 3572. At the moment, we should expect an attempt to develop a correction and test the support level near the 3535 area. Where can we expect a rebound and a continued rise in the S&P 500 quotes to the area above the 3785 level. S&P 500 Forecast and Analysis November 24, 2020 An additional signal in favor of the growth of the stock exchange index quotes will…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1871 area. The pair continues to move within the framework of the growth and the ascending channel. Moving averages indicate a bullish trend for the pair. Prices again bounced off 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 fall and a test of the support area near the level of 1.1715. Where is the rebound and continued growth expected from the…
BRENT finish the trading week near the area of $ 44.27 per barrel. And it continues to move within the framework of the growth and the downward channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers of raw materials and a potential continuation of the decline. At the moment, we should expect an attempt to develop a fall and a test of the support area near the level of 39.35. Then, a rebound and continued growth of oil to the area above the level of $ 62.25…
Currency pair Pound Dollar GBP/USD completes the trading week near the 1.3252 area. The pair continues to move within the framework of the growth and the formation of the bearish ”Wolfe Wave” pattern. Moving averages indicate a bullish trend. Prices moved up from the area between the signal lines, indicating 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 1.3425. Further, the rebound and the beginning of the fall…
Currency pair US Dollar to Russian Ruble USD/RUB ends the trading week near the level of 76.02 Rubles per US Dollar. The pair continues to move within the fall and ascending channel. Moving averages indicate a bullish trend. Prices are again testing from the area between the signal lines upward, which indicates pressure from the US dollar buyers. In the current trading week November 23 — 27, 2020 we should expect an attempt to develop growth and test the resistance area near the level of 78.75. Where can we expect a rebound and the beginning of a fall in the…
Currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the 0.7287 area. The pair continues to move as part of the correction and the formation of the “Double Top” reversal pattern. Moving averages indicate a bullish trend. Prices bounced off the area between the signal lines, which indicates pressure from buyers of the asset and a potential continued growth in the value of the currency pair. At the moment, we should expect an attempt to continue the development of growth and test the resistance area near the level of 0.7315. Then, the rebound and the continuation…
The pair Canadian Dollar to US Dollar USD/CAD ends the trading week near the level of 1.3061. The pair continues to move as part of the correction and the formation of the “Double Bottom” reversal pattern. Moving averages indicate a bearish trend. Prices moved down from the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall. expect an attempt to develop a decline and test the support level near the area of 1.2965. Then, continued growth of quotations with a target above the level of 1.3685. USD/CAD…
Quotes of the pair USD/JPY US Dollar to Japanese Yen end the trading week near the 103.84 area. The pair continues to move within the fall and the downtrend channel. Moving averages indicate a bearish trend. Prices moved down from the area between the signal lines, which indicates pressure from US Dollar sellers and a potential continuation of the fall. At the moment, we should expect an attempt to develop a fall and a test of the support level near the 103.75 area. Then, the rebound and the continuation of the rise of the pair to the area above the…