Currency pair Dollar Franc USD/CHF continues to move as part of a strong downward correction and a bullish channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9220. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt to develop the development…
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.
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the decline and the beginning of the development of the “Wolfe Wave” model. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 76.22. Moving averages indicate the presence of a short-term bullish trend. Prices are again pushing the area between the signal lines, which indicates pressure from buyers of the US currency and a potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for February…
BTC/USD are trading at 38347 and continue to move as part of the correction and the formation of the “Wedge” model. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $694,866,786,501. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are again testing the area between the signal lines, which indicates pressure from buyers of Digital Gold and a potential continuation of the growth in the value of the asset already from current levels. As part of the cryptocurrency rate forecast for tomorrow, February 4, 2022, we should expect an attempt to…
Ethereum are trading at the level of 2610 and continue to move as part of the fall and the formation of the “Wedge” reversal pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $312,171,270,267. Moving averages indicate a short-term bearish trend for Ethereum. Prices have gone down from the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value…
XRP/USD are trading at 0.5945 and continue to move within the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $28,652,895,964. Moving averages indicate the presence of a short-term bearish trend for Ripple. 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 XRP rate on the market from current levels. At the moment, we should expect an attempt to develop the growth of the asset and test the resistance…
Stock index S&P 500 continue to move as part of the growth 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 4513. At the moment, we should expect an attempt to develop growth and test the resistance level near the 4605 area. Where should we…
LTC/USD are trading at 107.95 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 $7,539,776,939. Moving averages indicate a short-term bearish trend for Litecoin. Prices have gone down from the area between the signal lines down, 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…
DOGE/USD are trading at 0.1361 and continue to move as part of the correction and the formation of the “Triangle” model. Moving averages indicate a short-term bullish trend for Dogecoin. 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 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 0.1415 area. Where can we expect a rebound down again and a continuation…
SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00002055, 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 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 rise in the value of a digital asset…
Cardano are trading at 1.03 and continue to move as part of the fall and the downward channel. The moving averages indicate a short-term bullish trend for Cardano. Prices are again testing the area between the signal lines, which indicates pressure from selling the asset and a potential continuation of the decline 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 resistance level near the 1.10 area. Where should we expect a rebound again and a continuation of the decline in…