Ethereum are trading at 557.97 and continue to move as part of the growth and the ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $65,816,646,026. Moving averages indicate a short-term bullish trend for Ethereum. Prices are testing 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 555.65 area. Where can we expect…
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 74.27 and continue to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 5,266,175,362. Moving averages indicate a short-term bearish trend for Litecoin. However, 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…
XRP/USD are trading at 0.4917 and continue to move as part of the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $22,510,461,264. Moving averages indicate a short-term bearish trend for Ripple. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the XRP rate fall 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…
Stock index S&P 500 continue to move within the framework of the growth and the ascending channel. At the time of the publication of the forecast, the index is trading at 3688. At the moment, we should expect an attempt to develop a correction and test the support level near the 3645 area. Where can we expect a rebound and a continued rise in the S&P 500 quotes to the area above the level of 3785. S&P 500 Forecast and Analysis December 15, 2020 An additional signal in favor of the growth of the stock exchange index quotes will be…
Forex is a term created by combining the words “foreign” and “exchange.” In foreign exchange, you are allowed to change a currency to another to engage in tourism, business or trading. Forex markets are known for being the most liquid assets in the world. This is where currencies are being traded, where the famous notion “forex trading” originated. When looking into trading assets, unless you’re an expert, you’ll be requiring the services of a trusted broker. Someone who can help you go through websites like GiaoDichSmart.com to find the best brokers will be a real advantage. But in all probability,…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.2114 area. The pair continues to move within the framework of the growth and ascending 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 1.2185. Where is the rebound and the continuation of the fall of the Euro Dollar…
BRENT finish the trading week near the area of $50.00 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 upwards, 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 45.55. Then, a rebound and continued growth of oil to the area above the level of $72.45 per barrel.…
Currency pair Pound Dollar GBP/USD ends the trading week near the 1.3473 area. The pair continues to move as part of the correction 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 1.3565. 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 73.16 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 US dollar buyers. In the current trading week of December 14 — 18, 2020 we should expect an attempt to develop growth and test the resistance area near the level of 75.75. 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 0.7525 area. The pair continues to move as part of the rise and the formation of the “Double Top” reversal pattern. Moving averages indicate a bullish trend. Prices bounced off the area between the signal lines and went up, 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 0.7545. Then, the rebound…