Author: forex24pro

Stock index S&P 500 continue to move as part of the growth and the beginning of the development of the ”Wolfe Wave” model. Moving averages indicate the presence of a short-term 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 of the stock index on the market already from current levels. At the time of the publication of the forecast, the index is trading at 4338. At the moment, we should expect an attempt to develop a fall and test the…

LTC/USD are trading at 104.22 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 $7,267,451,698. 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 buyers 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…

DOGE/USD are trading at 0.1291 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 down 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 the digital asset and a test of the resistance level near the 0.1335 area. Where can we expect a rebound down again and a continuation of the fall in…

SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00002463, they continue to move within the framework of the fall and the downward channel. Moving averages indicate the presence of a short-term bullish trend for the coin. Prices are again testing 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 not worth considering an attempt to develop the growth in the value of a digital asset…

Stock index Dow Jones continue to move as part of the fall and the formation of a bullish “Wolfe Wave” pattern. 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 asset and a potential continuation of the fall of the stock index on the market already from current levels. At the time of the publication of the forecast, the index is trading at 33957. At the moment, we should expect an attempt to develop a fall and test the support level…

Currency pair Euro/Dollar EUR/USD continues to move within the correction and the 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 1.1344. As part of the Forex forecast for February 22, 2022, we should expect an attempt to develop a rise in prices and a test…

Currency pair Pound/Dollar GBP/USD continues to move as part of growth and a bullish channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.3612. 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 of the instrument. At the moment, we should expect an attempt to reduce the price of the British Pound against the US Dollar and test the resistance…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction 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 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 publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.7192. At the moment, we should expect an attempt to continue the development of the pair’s growth…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of the “Triangle” model. At the time of the publication of the forecast, the US Dollar to the Japanese Yen is 114.88. 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 22, 2022,…

Brent continue to move within the correction and the bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $91.76 per barrel. Moving averages indicate the presence of a short-term bullish trend in oil. Prices are again testing the area between the signal lines, which indicates pressure from buyers of Black Gold and a potential continuation of the growth in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of…