Author: forex24pro

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,…

Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the downward channel. 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 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 1.0144. As part of the Forex forecast for July 28, 2022, we should expect an attempt to develop a price increase and test…

Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and the formation 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 1.2045. 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 rise in the price of the British Pound against…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction and the bullish channel. Moving averages indicate the presence of a short-term bullish 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 0.6939. At the moment, we should expect an attempt to develop the growth of the pair…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction and the bullish channel. At the time of publication of the forecast, the US Dollar to the Japanese Yen is 136.84. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the US Dollar and a potential continuation of price growth already from current levels. As part of the Japanese Yen exchange rate forecast for July 28, 2022, we should expect an attempt to…