Author: forex24pro

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 the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 57.34. 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…

BTC/USD are trading at 21358 and continue to move as part of the development of the fall and the bullish channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $410,127,295,074. Moving averages indicate a short-term bullish trend for Bitcoin. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers of “Digital Gold” and a potential continuation of the fall in the value of the asset already from current levels. As part of the cryptocurrency rate forecast for tomorrow, July 28, 2022, we should expect an…

Ethereum are trading at 1468 and continue to move within the correction and the bullish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $180,966,031,819. Moving averages indicate a short-term bullish trend for Ethereum. Prices are again testing 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 of the coin and a test of the resistance level near the area…

XRP/USD aare trading at 0.3324 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 $16,341,210,493. 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 53.63 and continue to move as part of the correction and the formation of the “Triangle” model. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $3,825,431,265. Moving averages indicate a short-term bearish trend for Litecoin. 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 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…

DOGE/USD are trading at 0.0629 and continue to move within the correction 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 rise 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 continued fall in the Dogecoin rate with…

SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00001079, they continue to move within the correction and the bullish 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 a bullish correction in the value of a digital asset and a test of the…

Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the European currency and a potential continuation of the fall in asset quotes already from current levels. At the time of the publication of the forecast, the EUR/USD exchange rate is 1.0225. As part of the Forex forecast for July 26, 2022, we should expect an attempt to develop a price increase and test the…

Currency pair Pound/Dollar GBP/USD continues to move as part of growth and the beginning of the development of the “Wedge” reversal pattern. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.2058. 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 of the instrument. At the moment, we should expect an attempt to develop a fall in the price of the British…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the rise and the downward channel. 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 currency pair and a potential continuation of the growth 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 0.6952. At the moment, we should expect an attempt to develop the growth of…