LTC/USD are trading at 127.45 and continue to move as part of the growth and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $8,968,788,916. Moving averages indicate a short-term bearish trend for Litecoin. Prices are again pushing 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…
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 0.1566 and continue to move within the growth and the downward channel. Moving averages indicate a short-term bullish trend for Dogecoin. 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 decrease in the value of the digital asset and a test of the support level near the 0.1465 area. Where can we expect a bounce up again and a continuation of the rise in the…
SHIBA INU is trading at the time of publication of the forecast at the level of 0.00002055, continues to move within the framework of strong growth and a 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 worth considering an attempt to develop a decrease in the value of a digital asset and a test of…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1466. The pair continues to move as part of a rebound after the decision of the ECB, where there were assumptions about the future growth of the rate. Moving averages indicate a bearish trend. Prices are again testing 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 growth and test the resistance area near the level of 1.1555. Where is the…
BRENT complete the trading week near the area of 92.84 dollars per barrel. And it continues to move within the growth and bullish channel. Moving averages indicate a bullish trend. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of raw materials and a potential continuation of the rise. At the moment, we should expect an attempt to develop a correction and test the support area near the level of 82.55. Then, it is worth considering a rebound upwards and the continuation of the growth of oil in the area above the level…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.3558. The pair continues to move within the correction and the downward channel. This is where the “Triangle” model is formed. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers and a potential continuation of the growth of the British Pound against the US Dollar at current levels. At this point, we should expect an attempt to develop a bullish correction and test the resistance area near the level of 1.3645. Further, a rebound…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 76.08 Rubles per US Dollar. The pair continues to move within the correction. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the US dollar and a likely continuation of the pair’s growth already from these levels. In the current trading week February 7 — 11, 2022, we should expect an attempt to develop an upswing and test the resistance area near the level of 78.45. Where should we expect…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.7090. The pair continues to move within the framework of the fall and the descending 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 asset and a potential continuation of the fall in the value of the currency pair. At the moment, we should expect an attempt to develop a bullish correction and test the resistance area near the level of 0.7225. Then, a rebound and continued fall…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.2716. The pair continues to move as part of the growth and the formation of the “Triangle” model. Moving averages indicate the presence of a sideways 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 growth in the near future. At the moment, we should expect an attempt to develop a correction and test the support level near the area of 1.2575. Then, a rebound upwards and…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 114.90. The pair continues to move within the framework of the growth and the rising channel, here the “Triangle” pattern is being formed. Moving averages indicate a bullish trend. Prices have gone up from the area between the signal lines, which indicates pressure from US dollar buyers and a potential continuation of the rise. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 113.85. Then, a rebound down and the…