Author: forex24pro

XRP/USD are trading at 0.3207 and continue to move as part of the fall and left the bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $16,180,905,575. 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 correction of the asset…

LTC/USD are trading at 59.84 and continue to move as part of the correction and the formation of the “Wedge” reversal pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $4,275,060,125. Moving averages indicate the presence of a short-term sideways 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…

Quotes of Natural Gas continue to move within the growth and bullish channel. At the time of publication of the forecast, the price of Natural Gas is $8.79. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which will indicate pressure from sellers and a continuation of the fall from current levels. At the moment, we should expect an attempt to develop a slight correction and a test of the support level near the 8.40 area. Further, the continuation of the growth of the gas rate to the area above the level…

DOGE/USD are trading at 0.0619 and continue to move as part of the fall and the downward channel. Moving averages indicate a short-term bullish trend for Dogecoin. Prices are again testing the area between the signal lines, 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 resistance level near the 0.0645 area. Where can we expect a rebound down again and a continuation of the fall of…

SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00001234, they continue to move within the correction and the downward channel. Moving averages indicate the presence of a short-term bullish trend for the coin. Prices are again testing the area between the signal lines, 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 an increase in the value of a digital asset and a test of the resistance…

Currency pair Euro Dollar EUR/USD completes the trading week near the area of ​​0.9972 and continues to move as part of the development of the fall and the downward channel. Moving averages indicate a bearish trend. Prices broke down the area between the signal lines, which indicates pressure from sellers of the European currency and a likely continuation of the fall from current levels. At the moment, we should expect an attempt to develop a slight correction and test the resistance area near the level of 1.0235. Where is the expected rebound and continued fall of the Euro Dollar. The…

BRENT complete the trading week near the area of ​​94.55 dollars per barrel. And it continues to move within the correction and the bullish channel. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of raw materials and a potential continuation of the fall already from current levels. At the moment, we should expect an attempt to develop a correction and test the support area near the level of 87.45. Then, it is worth considering a rebound upwards and the continuation of the growth of oil in…

Currency pair Pound Dollar GBP/USD ends the trading week with a strong fall near the 1.1550 area. The pair continues to move as part of the development of a strong fall and a downward channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers and a potential continuation of the fall of the British Pound against the US Dollar at current levels. At this point, we should expect an attempt to develop a bullish correction and test the resistance area near the level of 1.1985. Further, a…

Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 58.17 Rubles per US Dollar. The pair continues to move as part of the correction and the formation of the “Triangle” pattern. Moving averages indicate a bearish trend. Prices have broken down the area between the signal lines, which indicates pressure from sellers of the US dollar and a likely continuation of the fall of the pair already from these levels. In the current trading week September 5 — 9, 2022 we should expect an attempt to develop a decline and test the support…

Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of ​​0.6802. The pair continues to move within the framework of the fall and the descending channel. The potential for the formation of the “Triangle” model remains. Moving averages indicate a bearish trend. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall in the value of the currency pair. At the moment, we should expect an attempt to develop a bullish correction and test the resistance area near…