XRP/USD are trading at 0.3152 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 $15,856,487,142. 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 and…
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 53.84 and continue to move as part of the fall and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $3,841,716,789. Moving averages indicate a short-term bearish trend for Litecoin. 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 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 level…
Quotes of Natural Gas continue to move as part of the correction and the formation of the “Triangle” model. At the time of publication of the forecast, the price of Natural Gas (Natural Gas) is 9.49 dollars. Moving averages indicate an uptrend. Prices have gone up from the area between the signal lines, which will indicate pressure from buyers and continued growth from current levels. At the moment, we should expect an attempt to develop a correction and test the support level near the area of 9.05. Further, the continuation of the growth of the gas rate to the area…
DOGE/USD are trading at 0.0614 and continue to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend for Dogecoin. 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 decline 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 0.0675 area. Where can we expect a rebound down again and a continued fall in…
SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00001192, continues to move within the framework of the fall and left the bullish channel. Moving averages indicate the presence of a short-term bearish trend for the coin. Prices have broken through the area between the signal lines down, which indicates pressure from sellers 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 correction in the value of a digital asset and a…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 0.9975 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 1.0105. Where is the expected rebound and continued fall of the Euro Dollar. The…
BRENT complete the trading week near the area of 99.29 dollars per barrel. And it continues to move within the correction and the bullish channel. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of raw materials and a potential continuation of growth 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 88.95. Then, it is worth considering a rebound upwards and the continuation of the growth of oil in the area…
Currency pair Pound Dollar GBP/USD ends the trading week with a strong fall near the area of 1.1785. 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 1.2085. Further,…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 57.97 Rubles per US Dollar. The pair continues to move as part of the correction and the formation of the “Head and Shoulders” 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 August 29 — September 2, 2022, we should expect an attempt to develop a decline and…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6958. The pair continues to move within the framework of the fall and the descending channel. 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 the level of 0.7175. Then, a rebound and continued fall…