LTC/USD are trading at 99.08 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 $6,956,328,134. Moving averages indicate a short-term bearish trend for Litecoin. Prices are testing 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 the area of 101.35.…
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.
DOGE/USD are trading at 0.1288 and continue to move as part of the fall and the downward channel. Moving averages indicate a short-term bullish 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 0.1305 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 0.00002041, 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 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 asset…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.0536 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 correction and test the resistance area near the level of 1.0825. Where is the expected rebound and continued fall of the Euro Dollar. The potential target of the…
BRENT complete the trading week near the area of 109.33 dollars per barrel. And it continues to move within the framework of the correction and the formation of the “Triangle” model. Moving averages indicate a bullish trend. Prices have gone up from 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 100.55. Then, it is worth considering a rebound upwards and the continuation of the growth of…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2548. The pair continues to move within the framework of a strong fall and a 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 slight bullish correction and a test of the resistance area near the level of 1.2645. Further, a rebound down…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 68.92 Rubles per US Dollar. The pair continues to move within the framework of the fall and the bearish channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, 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 May 2 — 6, 2022 we should expect an attempt to develop a bullish correction and test the resistance area…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.7149. The pair continues to move within the framework of the fall and the descending channel. Moving averages indicate the presence of a sideways trend. 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 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 0.7285. Then, a rebound…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.2750. The pair continues to move as part of the rise and the formation of the “Triangle” pattern. Moving averages indicate a 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 rise 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 1.2515. Then, a rebound upwards and the continuation…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 130.88. The pair continues to move within the growth and bullish channel. Moving averages indicate a bullish trend. Prices have gone up from the area between the signal lines, which indicates pressure from US dollar buyers and a potential continuation of the rise. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 124.75. Then, a rebound up and continued growth of the fall of the pair to the area below…