XRP/USD are trading at 0.3645 and continue to move as part of the fall and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $18,732,060,869. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall in the XRP rate on the market already from current levels. At the moment, we should expect an attempt to develop a bullish correction of the asset…
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 trading at 58.86 and continue to move as part of the correction and the formation of the “Triangle” pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $4,231,929,737. Moving averages indicate a short-term bearish trend for Litecoin. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the digital asset and a test of…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the formation of the “Head and Shoulders” reversal pattern, which suggests the development of a fall in the near future. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the European currency and a potential continuation of the growth of asset quotes already from current levels. At the time of the publication of the forecast, the EUR/USD exchange rate is 1.0417. As part of the Forex…
Currency pair Pound/Dollar GBP/USD continues to move as part of the development of a correction and a bullish channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.1912. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument. At the moment, we should expect an attempt to develop a correction in the price of the British Pound against…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in growth and a bullish channel. Moving averages indicate a short-term uptrend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continued growth in the value of the instrument already from current levels. At the time of publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.6767. At the moment, we should expect an attempt to develop a correction in the pair and a test of the support area near…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY Quotes of the currency pair Dollar/Yen USD/JPY continue to move as part of the fall and the formation of the ”Head and Shoulders” reversal pattern. At the time of publication of the forecast, the US Dollar to the Japanese Yen is 139.40. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the US Dollar and a potential continuation of the fall in prices already from current levels. As…
Brent 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 price of Brent oil is $93.83 per barrel. Moving averages indicate the presence of a short-term bullish trend in oil. Prices are again pushing the area between the signal lines, which indicates pressure from buyers of Black Gold and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a decline and test the support level near the…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of a slight correction and the formation of a “Wedge” reversal pattern. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.3279. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from sellers and a potential continuation of the pair’s fall in the near future. At the moment, it is worth considering an attempt to develop a bearish price correction and…
GOLD continue to move as part of strong growth and the beginning of the development of the “Double Bottom” reversal pattern. At the time of the publication of the forecast, the price of Gold is 1779 USD per Troy Ounce. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a bearish correction and test the support level near the area…
Silver continue to move as part of a strong growth and a bullish channel. At the time of the publication of the forecast, the price of Silver is 21.78. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the asset and a potential continuation of the growth in value already from current levels. At the moment, we should expect an attempt to continue the development of a downward correction in the value of the metal and a test of the support level near the 20.90 area.…