Author: forex24pro

Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the downward channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9593. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have gone down from the area between the signal lines, which indicates pressure from sellers 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 fall in the…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of an inverted “Head and Shoulders” reversal pattern. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 57.52. 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 US currency and a potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the USD exchange rate forecast for July…

BTC/USD are trading at 22953 and continue to move as part of the development of growth and a bullish channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $440,961,993,265. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of Digital Gold and a potential continuation of the growth in the value of the asset already from current levels. As part of the forecast for the cryptocurrency rate for tomorrow, July 29, 2022, we should expect an…

Ethereum are trading at 1619 and continue to move as part of the growth and the bullish channel. There is potential for a ”Double Top” reversal pattern to form. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $200,339,666,247. Moving averages indicate a short-term bullish trend for Ethereum. Prices have broken through the area between the signal lines, 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…

XRP/USD are trading at 0.3505 and continue to move as part of the correction and the formation of the “Triangle” model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $17,156,599,680. 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 growth of the XRP rate on the market already from current levels. At the moment, we should expect an attempt to develop a correction of…

LTC/USD are trading at 59.49 and continue to move within the correction and the bullish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $4,204,867,544. 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 rise in the value of the digital asset and a test of the resistance level near the area…

DOGE/USD are trading at 0.0667 and continue to move within the framework of the correction and the formation of the “Head and Shoulders” reversal pattern. 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 rise in the value of the digital asset and a test of the resistance level near the 0.0745 area. Where can we expect a rebound down…

SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00001131, they continue to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. Moving averages indicate the presence of a short-term bullish trend for the coin. Prices have broken through the area between the 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…

GameStop continue to move within the correction and the bullish channel. The moving averages indicate a short-term bullish trend for the GME. Prices are re-tresting the area between the signal lines, which indicates pressure from buyers of securities and a potential continuation of the price rise. At the time of publication of the forecast, the value of the shares is 33.75. As part of the forecast, we should expect an attempt to develop a bearish correction and test the resistance level near the area of ​​31.55. Further, a rebound and continued fall in the value of securities. The potential target…

Quotes of United States Steel continue to move within the framework of growth and have left the limits of the downward channel. The moving averages point to a short-term bearish trend for United States Steel. Prices are testing the area between the signal lines, which indicates pressure from sellers of securities and a continuation of the fall from current levels. At the time of publication of the forecast, the value of the shares is 21.23. As part of the forecast, we should expect an attempt to develop a correction and test the support level near the area of ​​18.55. Further,…