Author: forex24pro

XRP/USD are trading at 0.3419 and continue to move as part of the fall and the formation of the “Triangle” pattern. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $16,753,784,719. 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 56.35 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 $3,999,669,682. 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…

DOGE/USD are trading at 0.0653 and continue to move as part of the fall and the formation of a 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 fall from current levels. At the moment, we should expect an attempt to develop an increase in the value of the digital asset and a test of the resistance level near the 0.0695 area. Where can we expect a rebound down again and a continuation…

SHIBA INU is trading at the time of the publication of the forecast at 0.00001131, they continue to move within the framework of the fall and the bearish channel. Moving averages indicate the presence of a short-term bearish trend for the coin. Prices are again rebounding from 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…

Tesla continue to move as part of the growth and the beginning of the development of the “Triangle” model. Moving averages indicate a short-term bullish trend for Tesla. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of securities. At the time of publication of the forecast, the value of the shares is 817.10. As part of the forecast, we should expect an attempt to develop a correction and test the support level near the area of ​​790.05. Further, a rebound upwards and the continuation of the rise in the value of securities.…

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 sellers of securities. At the time of publication of the forecast, the value of the shares is 35.79. As part of the forecast, we should expect an attempt to develop a bearish correction and test the resistance level near the 32.05 area. Further, a rebound and continued fall in the value of securities. The potential target of such a movement is the area below the…

Currency pair Euro Dollar EUR/USD completes the trading week near the area of ​​1.0153 and continues to move as part 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 1.0405. Where is the expected rebound and continued fall of the Euro Dollar. The potential target of…

BRENT complete the trading week near the area of ​​97.94 dollars per barrel. And it continues to move within the framework of the fall 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 the rise. At the moment, we should expect an attempt to develop a correction and test the support area near the level of 86.05. Then, it is worth considering a rebound upwards and continued growth of oil in the area above the level…

Currency pair Pound Dollar GBP/USD completes the trading week near the area of ​​1.1935. The pair continues to move within the framework of the fall and the descending 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 1.2245. Further, a rebound down and the continuation of…

Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 54.69 Rubles per US Dollar. The pair continues to move as part of the correction and the formation of an inverted “Head and Shoulders” reversal 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 July 25 — 29, 2022, we should expect an attempt to develop a decline…