BTC/USD are traded at 13554 and continue to move within the growth and ascending channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 248,002,510,846. Moving averages indicate a short-term bullish trend for Bitcoin. Prices went up from the area between the lines, which indicates pressure from buyers of Digital Gold and a potential continuation of the growth of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, October 30, 2020, we should expect an attempt to develop a downward correction in the value of…
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.
Ethereum are trading at 387.36 and continue to move as part of the correction and the formation of the “Triangle” pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $ 43,301,261,110. 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 growth of the asset value 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…
LTC/USD are traded at 54.34 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 $ 3,540,143,193. Moving averages indicate a short-term bullish trend for Litecoin. Prices are testing the area between the signal lines again, 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 50.75…
XRP/USD are trading at 0.2349 and continue to move within the fall and the downtrend channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $ 10,683,381,515. Moving averages indicate a short-term bearish trend for Ripple. Prices have broken down between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the XRP rate decline in the market already from current levels. At the moment, we should expect an attempt to develop a bullish correction of a digital asset and a test of the resistance level near the 0.2435…
Stock index S&P 500 continue to move within the fall and the downtrend channel. At the time of the publication of the forecast, the index is trading at 3269. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance level near the 3315 area. Where can we expect a rebound and the continuation of the fall in the S&P 500 quotes to the area below the level of 3115. S&P 500 Forecast and Analysis November 3, 2020 An additional signal in favor of falling stock index quotes will be a test…
Currency pair Euro Dollar EUR/USD ends the trading week near the 1.1644 area. The pair continues to move within the fall. Moving averages indicate a bullish trend for the pair. Prices returned to the test of the area between the signal lines again, 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 1.1830. Where is the rebound and the continuation of the fall of the Euro/Dollar expected. The potential target…
BRENT finish the trading week near the area of $ 37.63 per barrel. And it continues to move within the fall and the downtrend channel. Moving averages indicate a bearish trend. Prices have moved down again from the area between the signal lines, which indicates pressure from sellers of raw materials 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 area near the level of 36.05. Then, a rebound and continued growth of oil to the area above the level of $ 57.90 per…
Currency pair Pound Dollar GBP/USD completes the trading week near the 1.2961 area. The pair continues to move within the fall and ascending channel. Moving averages indicate a bullish trend. Prices are again testing 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 1.3195. Further, the rebound and the beginning of the fall in the Pound/Dollar quotes to the area below…
Currency pair US Dollar to Russian Ruble USD/RUB ends the trading week near the level of 79.06 Rubles per US Dollar. The pair continues to move within the framework of the growth and the rising channel. Moving averages indicate a bullish trend. Prices moved up from the area between the signal lines, which indicates pressure from US dollar buyers. In the current trading week, November 2 — 6, 2020 we should expect an attempt to develop growth and test the resistance area near the level of 79.85. Where can we expect a rebound and the beginning of the fall of…
Currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the 0.7052 area. The pair continues to move within the correction and the formation of the “Triangle” 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 0.7135. Then, the rebound and the continuation of the fall in…