Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 66.09. Moving averages indicate the presence of a short-term bearish trend. Prices are again testing the area between the signal lines down, 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 May 12, 2022, we should expect…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
BTC/USD are trading at 31824 and continue to move as part of the fall and the downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $603,577,434,900. Moving averages indicate the presence of a short-term downward trend for Bitcoin. Prices have gone down from the area between the signal lines, 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, May 12, 2022, we should expect an…
Ethereum are trading at 2433 and continue to move as part of the fall and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $292,262,680,178. Moving averages indicate a short-term bearish trend for Ethereum. Prices are again testing 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 rise in the value of the coin and a test of the resistance…
XRP/USD are trading at 0.5080 and continue to move as part of the fall and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $24,413,295,076. 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 decline in the XRP rate on the market from current levels. At the moment, we should expect an attempt to develop a correction of the asset and a…
LTC/USD are trading at 81.58 and continue to move as part of the fall and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $5,691,538,505. Moving averages indicate a short-term bearish trend for Litecoin. 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 from current levels. At the moment, we should expect an attempt to develop an increase in the value of a digital asset and a test of the resistance level near…
DOGE/USD are trading at 0.1066 and continue to move as part of the fall and the 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 a bullish correction in the value of the digital asset and a test of the resistance level near the 0.1110 area. Where can we expect a rebound down again and a continuation of the…
SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00001547, they continue to move within the framework of the fall and the downward channel. Moving averages indicate the presence of a short-term downward trend for the coin. Prices have gone down from the area between the signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall already from the current levels. As part of the SHIB/USD rate forecast, it is worth considering an attempt to develop a correction in the value of a digital…
Currency pair Euro/Dollar EUR/USD continues to move within the correction and the downward channel. There is potential for the formation of a “Triangle” model, which is likely to be broken down. 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 1.0543. As part of the Forex forecast for…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the downward channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.2324. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through 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 slight correction in the price of the British Pound against the US Dollar…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall 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 down, which indicates pressure from sellers of the currency pair and a potential continuation of the fall in the value of the instrument already from current levels. At the time of publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.6929. At the moment, we should expect an attempt to develop the growth of the…