Author: forex24pro

XRP/USD are trading at 0.3197 and continue to move as part of the fall and left the bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $15,701,590,842. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have broken through the area between the signal lines up, which indicates pressure from buyers 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 the asset…

LTC/USD are trading at 50.99 and continue to move within the correction and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $3,625,129,598. Moving averages indicate the presence of a short-term bullish 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 correction in the value of the digital asset and a test of the resistance level…

DOGE/USD are trading at 0.0653 and continue to move as part of the fall. 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 a bullish correction in the value of the digital asset and a test of the resistance level near the 0.0705 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 0.00001106, 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 have broken through the area between the signal lines down, which indicates pressure from the sellers of the coin and a potential continuation of the fall 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 completes the trading week near the area of ​​1.0167 and continues to move as part of a strong fall and a 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 a test of the resistance area near the level of 1.0275. Where is the expected rebound and continued fall of the Euro Dollar. The…

BRENT complete the trading week near the area of ​​106.79 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 101.55. 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 completes the trading week near the area of ​​1.2023. 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 1.2275. 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 58.69 Rubles per US Dollar. The pair continues to move within the framework of the correction and the formation of the “Head and Shoulders” reversal pattern. Moving averages indicate a bearish trend. Prices are again testing 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 from these levels. In the current trading week July 4-8, 2022, we should expect an attempt to develop a decline and test the…

Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of ​​0.6846. 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 0.6965. Then, a rebound and continued fall…

The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.2959. The pair continues to move within the growth and bullish channel. Moving averages indicate a 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 growth in the near future. At the moment, we should expect an attempt to develop a correction and test the support level near the area of ​​1.2755. Then, a rebound upwards and the continuation of the rise in quotes with a…