Author: forex24pro

Ethereum are trading at 1582 and continue to move as part of the growth and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $192,925,282,075. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and a potential continued growth in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a rise in the value of the coin and a test of…

XRP/USD are trading at 0.4591 and continue to move within the correction and left the limits of the “Triangle” model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $23,120,976,293. Moving averages indicate the presence of a short-term bullish trend for Ripple. 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 XRP rate on the market already from current levels. At the moment, we should expect an attempt to develop a rise in the asset…

LTC/USD are trading at 55.23 and continue to move within the correction and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $3,939,488,219. Moving averages indicate the presence of a short-term bullish 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 the resistance…

DOGE/USD are trading at 0.1400 and continue to move as part of a strong growth and a bullish channel. Moving averages indicate a short-term bullish trend for Dogecoin. 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 correction in the value of the digital asset and a test of the support level near the area of ​​0.1135. Where can we expect a rebound again and the continued growth of…

SHIBA INU is trading at the time of publication of the forecast at the level of 0.00001273, they continue to move within the growth and the downward channel. Moving averages indicate the presence of a short-term bullish trend for the coin. Prices have broken through the area with signal lines up, which indicates pressure from buyers of the coin and a potential continuation of growth already from current levels. As part of the SHIB/USD rate forecast, it is worth considering an attempt to develop a bullish correction in the value of a digital asset and a test of the resistance…

Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the bullish channel. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, 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 1.0039. As part of the Forex forecast for November 1, 2022, we should expect an attempt to develop a slight price increase and a…

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 1.1524. Moving averages indicate the presence of a short-term bullish trend. Prices are again testing the area between the signal lines, 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 rise in the price of the British Pound against the…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the development of a fall and a long-term downward channel. Moving averages indicate the presence of a short-term bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the currency pair and a potential continuation of the fall in the value of the instrument already from current levels. At the time of the publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.6380. At the moment, we should expect an attempt to develop a bullish…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the bullish channel. The potential for the formation of a reversal pattern “Head and Shoulders” remains. At the time of the publication of the forecast, the US Dollar to the Japanese Yen is 148.73. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have gone up from the areas between the signal lines, which indicates pressure from buyers of the US Dollar and a potential continuation of price growth already from current levels. As part…

Brent continue to move within the correction and the bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $92.29 per barrel. Moving averages indicate the presence of a short-term bullish trend in oil. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers 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 a test of the support level near the…