LTC/USD are trading at 129.45 and continue to move as part of the correction and the formation of an inverted “Head and Shoulders” reversal pattern on higher timeframes. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $8,869,217,041. Moving averages indicate the presence of a short-term bullish trend for Litecoin. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a downward correction in…
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 0.1493 and continue to move within the correction and the downward channel. Moving averages indicate a short-term bullish trend for Dogecoin. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth already 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 0.1525 area. Where can we expect a rebound down again and a continuation of the fall in the Dogecoin…
SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00003076, they continue to move as part of the correction and the formation of the “Triangle” model. 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 worth considering an attempt to develop a decrease in the value of a digital…
Currency pair Euro/Dollar EUR/USD continues to move within the correction and left the limits of the bullish channel. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices broke down 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 1.1321. As part of the Forex forecast for February 16, 2022, we should expect an attempt to develop a rise in prices and…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and the formation of the “Triangle” model. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.3581. 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and left the bullish 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 0.7121. At the moment, we should expect an attempt to continue the development of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the bullish channel. At the time of the publication of the forecast, the US Dollar to the Japanese Yen is 115.44. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again testing the area 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 16, 2022, we should expect…
Brent continue to move as part of growth and a bullish channel. At the time of publication of the forecast, the price of Brent oil is $93.89 per barrel. Moving averages indicate the presence of a short-term bullish trend in oil. Prices have gone up from 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 test the support level near the area of 91.15 dollars…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the rise and the beginning of the development of the “Triangle” model. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.2745. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have gone up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the price pair growth in the near future. At the moment, we should expect an attempt to continue the development of price correction…
GOLD continue to move as part of the growth and the bullish channel. At the time of the publication of the forecast, the price of Gold is 1857 Dollars per Troy Ounce. 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 asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a correction and test the support level near the area of 1835. Where should we expect a rebound upwards…