Ethereum are traded at 456.75 and continue to move within the growth and ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $51,875,568,572. 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 asset’s value growth from the current levels. At the moment, we should expect an attempt at a bearish correction in the value of the coin and a test of the support level near the 435.65 area. Where can…
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 57.86 and continue to move within the correction and the ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $3,864,068,841. Moving averages indicate a short-term bullish trend for Litecoin. Prices are testing 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 55.25 area. Where…
Stock index S&P 500 continue to move as part of the growth and the start of working out the “Triangle” model. At the time of the publication of the forecast, the index is trading at 3564. At the moment, we should expect an attempt to develop a correction and test the support level near the 3475 area. Where can we expect a rebound and a continued rise in the S&P 500 quotes to the area above the 3835 level. S&P 500 Forecast and Analysis November 13, 2020 An additional signal in favor of the growth of the stock index quotes…
Everything we know of today, including the forex market, had a genesis. And everything known of the forex market by an Australian broker has a plethora of facts not many know of. In this piece, you will get to learn a few of those facts. Some you might have a hint on, some, you might have never imagined. So want to uncover the mystery with us? Read on. Forex trading is an ancient activity A record known as the Talmud foreign currency attests that forex exchange is not a new activity. As a matter of fact, the business of money…
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and were able to leave the ascending channel. Moving averages indicate a short-term bullish trend for the pair. Prices are again pushing 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 1.1789. As part of the Forex forecast for November 12, 2020, we should expect an attempt at a bullish correction and a test of the resistance…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and the formation of the downward ”Wolfe Wave” pattern. Moving averages indicate a short-term bullish trend for the pair. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the currency pair and a potential continuation of the rise in the value of the instrument. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6884. At the moment, we should expect…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of a bearish “Wolfe Wave” pattern. At the time of the publication of the forecast, the Pound/US Dollar rate on Forex is 1.3255. Moving averages indicate a short-term bullish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continuation of the instrument’s growth. At the moment, we should expect an attempt at a bullish correction of the British Pound against the US Dollar and a test of the resistance area…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. Moving averages indicate a short-term bullish trend. Prices have broken the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continuation of the growth in the value of the instrument already from the current levels. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7295. At the moment, we should expect an attempt to…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and formation of the “Triangle” model. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 105.38. Moving averages indicate a short-term bearish trend for the pair. Prices have broken up the area between the signal lines, which indicates pressure from buyers of the US Dollar and a potential continuation of the rise in prices already from the current levels. As part of the forecast for the Japanese Yen rate for…
Brent continue to move within the growth and upward channel. At the time of the publication of the forecast, the price of Brent crude is $ 45.23 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices went above 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 $ 43.05 per barrel. Further,…