XRP/USD are trading at 0.8778 and continue to move as part of the growth and the bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $42,572,162,172. Moving averages indicate the presence of a short-term upward trend for Ripple. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the growth of the XRP rate on the market already from current levels. At the moment, we should expect an attempt to develop a correction of the asset and…
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.
Stock index S&P 500 continue to move as part of growth and a bullish channel. Moving averages indicate the presence of a short-term bullish trend. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the growth 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 4548. At the moment, we should expect an attempt to develop a decline and test the support level near the 4500 area. Where should…
LTC/USD are trading at 138.19 and continue to move within the growth and bullish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $9,663,982,088. 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 the value of the digital asset and a test of the support level…
DOGE/USD are trading at 0.1597 and continue to move within the correction and the bullish channel. Moving averages indicate a short-term bullish trend for Dogecoin. Prices are again testing 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 in the value of the digital asset and a test of the support level near the 0.1485 area. Where can we expect a rebound again and the continued growth of the Dogecoin rate with…
SHIBA INU is trading at the time of publication of the forecast at 0.00003329, continuing to move within the growth and bullish channel. Moving averages indicate the presence of a short-term bullish trend for the coin. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of the coin and a potential continuation of growth already from current levels. As part of the SHIB/USD rate forecast, it is not worth considering an attempt to develop a decrease in the value of a digital asset and a test of the support area near the level…
Currency pair Euro/Dollar EUR/USD continues to move within the correction. There is potential for an inverted “Head and Shoulders” reversal pattern to form. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines up, 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 Euro against the US Dollar is 1.1446. As part of the Forex forecast for February 8, 2022, we should expect…
Currency pair Pound/Dollar GBP/USD continues to move within the correction and the bullish channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.3512. 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 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 support area…
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 are again testing the area between the signal lines, 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 0.7098. At the moment, we should expect an attempt to continue the development of the pair’s growth and…
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 publication of the forecast, the US Dollar to the Japanese Yen is 114.93. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines up, 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 8, 2022, we should expect…
Brent continue to move as part of growth and a bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $92.98 per barrel. Moving averages indicate the presence of a short-term bullish trend in oil. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of Black Gold and a potential continued 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…