Stock index S&P 500 continue to move within the correction and the downward channel. Moving averages indicate the presence of a short-term bearish trend. Prices are again testing 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 4289. At the moment, we should expect an attempt to develop growth and test the resistance level near the 4325 area. Where should we expect a…
Author: forex24pro
LTC/USD are trading at 101.17 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 $7,156,142,573. 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 a bullish correction in the value of the digital asset and a test of the resistance level near the…
DOGE/USD are trading at 0.1223 and continue to move within the correction and the downward channel. Moving averages indicate a short-term bearish 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 0.1295 area. Where can we expect a rebound down again and a continued fall in the Dogecoin rate with…
SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00002378, they continue to move within the framework of the fall and the downward channel. Moving averages indicate the presence of a short-term bearish 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 downward channel. 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 33265. At the moment, we should expect an attempt to develop a correction and test the resistance level near the 34005 area. Where…
GameStop quotes continue to move within the correction and the downward channel. The moving averages point to a short-term bearish trend for the GME. Prices are re-tresting the area between the signal lines, which indicates pressure from sellers of securities. At the time of publication of the forecast, the value of the shares is 110.05. As part of the forecast, we should expect an attempt to develop a correction and test the resistance level near the area of 127.55. Further, a rebound and continued fall in the value of securities. The potential target of such a movement is the area…
NIO quotes continue to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend for NIO. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of securities and a potential continuation of the fall. At the time of publication of the forecast, the value of the shares is 19.86. As part of the forecast, we should expect an attempt to develop a correction and test the resistance level near the area of 24.35. Further, a rebound and continued fall in the value of securities. The potential…
Quotes of Bed Bath & Beyond continue to move as part of a strong growth and a downward channel. Moving averages indicate a short-term bullish trend for Bed Bath & Beyond. Prices have broken through the area between the signal lines up, which indicates pressure from sellers of securities. At the time of publication of the forecast, the value of the shares is 25.47. As part of the forecast, we should expect an attempt to develop a correction and test the resistance level near the area of 32.05. Further, a rebound and continued fall in the value of securities. The…
Quotes of United States Steel continue to move as part of the growth and the bullish channel. The moving averages point to a short-term uptrend for United States Steel. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of securities. At the time of publication of the forecast, the value of the shares is 33.30. As part of the forecast, we should expect an attempt to develop a correction and test the support level near the area of 28.55. Further, a rebound and continued rise in the value of securities. The potential target…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1019 and continues to move as part of the fall and the downward channel. Moving averages indicate a bearish trend. Prices have gone down from 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 1.1295. Where is the expected rebound and continued fall of the Euro Dollar. The potential target…