Quotes ADA/USD are trading at 0.84 and continue to move within the fall and the downward channel. The moving averages indicate a short-term bearish trend for Cardano. 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 a rise in the value of the digital asset and a test of the resistance level near the 1.02 area. Where can we expect a rebound again and a continued decline in the Cardano…
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.
MATIC/USD quotes are trading at 1.4400 and continue to move as part of the fall. Moving averages indicate a short-term bearish trend for Polygon. Prices have broken down the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall already 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 near the 1.6500 area. Where can we expect a rebound and a continuation of the fall of the Polygon rate again…
AVAX/USD quotes are trading at 75.32 and continue to move within the correction and the downward channel. The moving averages point to a short-term bearish trend for Avalanche. Prices have broken down the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall already 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 area of 85.55. Where can we expect a rebound and the beginning of the…
NEAR/USD quotes are trading at 8.42 and continue to move as part of the fall and left the bullish channel. The moving averages indicate a short-term bearish trend for the NEAR Protocol. 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 a bullish correction in the value of the digital asset and a test of the resistance level near the 10.55 area. Where can we expect a rebound and a…
Currency pair Pound Yen GBP/JPY completes the trading week near the level of 154.62. The pair continues to move within the correction and the bullish channel. A reversal pattern “Head and Shoulders” is also formed here. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from currency buyers and a potential continuation of the growth of the instrument. At the moment, we should expect an attempt to continue rising prices and a test of the resistance area near the level of 155.05. Further, a rebound down and an attempt to…
Currency pair Euro Yen EUR/JPY completes the trading week near the level of 129.19. The pair continues to move as part of the correction and the formation of the “Triangle” pattern. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines down, which indicates pressure from currency sellers and a potential continuation of the fall of the instrument. At the moment, we should expect an attempt to raise the price and test the resistance area near the level of 131.05. Further, a rebound down and an attempt to continue the fall of the pair…
Currency pair Euro/Dollar EUR/USD continues to move as part of a strong fall and a downward channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines down, 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 1.1158. As part of the Forex forecast for February 25, 2022, we should expect an attempt to develop a rise in prices…
Currency pair Pound/Dollar GBP/USD continues to move as part of a strong fall and has left the bullish channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.3363. Moving averages indicate the presence of a short-term bullish 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 correction in the price of the British Pound against the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and has left the limits of the bullish correction channel. Moving averages indicate the presence of a short-term bullish 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 0.7153. At the moment, we should expect an attempt…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the rise and the formation of the “Triangle” model. At the time of publication of the forecast, the US Dollar to the Japanese Yen is 114.95. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again testing the areas 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 forecast for the Japanese Yen on February 25, 2022, we…