Ethereum are trading at 610.89 and continue to move as part of the correction and the beginning of the ”Triangle” pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $ 69,460,106,153. 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 rise in the asset value from current levels. At the moment, we should expect an attempt to correct the value of the coin and test the support level near the 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.
LTC/USD are traded at 106.59 and continue to move as part of the correction and the ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 7,011,015,430. 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…
XRP/USD are trading at 0.5239 and continue to move within the correction and the upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $ 23,952,871,679. Moving averages indicate a short-term downtrend in Ripple. Prices are 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 already from current levels. At the moment, we should expect an attempt to develop an asset correction and a test of the support level near the 0.4725 area. Further,…
Stock index S&P 500 continue to move within the framework of a strong fall and an upward channel. Moving averages indicate a short-term bullish trend. Prices are again testing 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 already from the current levels. At the time of the publication of the forecast, the index is trading at 3630. At the moment, we should expect an attempt to develop a correction and test the support level near the 3525 area. Where can…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.2233. The pair continues to move within the framework of the growth and the rising channel. Moving averages indicate a bullish trend for the pair. Prices bounced back from 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 growth and test the resistance area near the level of 1.2325. Where is the rebound and the continuation of the fall of the…
Litecoin LTC/USD ends the trading week at 105.92 and continues to move within a strong growth and an upward channel. 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 92.05. Where can we expect a rebound again and an attempt to increase the fall in the value…
BRENT finish the trading week near the area of $ 52.06 per barrel. And it continues to move within the framework of the growth and upward channel. Moving averages indicate a bearish trend. However, prices have broken the area between the signal lines upward, 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 48.65. Then, a rebound and continued growth of oil to the area above the level of $ 72.05…
Currency pair Pound Dollar GBP/USD completes the trading week near the 1.3492 area. The pair continues to move as part of the rise 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, 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 1.3595. 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 73.41 rubles per US dollar. The pair continues to move within the fall and the downtrend channel. 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 of December 21 — 25, 2020 we should expect an attempt to develop growth and test the resistance area near the level of 75.35. Where can we expect a rebound and the beginning of a fall in…
Currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the 0.7613 area. The pair continues to move within the framework of the rise and the ascending channel. Moving averages indicate a bullish trend. Prices have moved up far from the area between the signal lines, which indicates pressure from buyers of the asset and the potential continued growth of the value of the currency pair. At the moment, we should expect an attempt to continue the development of the rise in prices and test the resistance area near the level of 0.7675. Then, the rebound and…