LUNA/USD are trading at 49.18 and continue to move as part of the fall and the downward channel. The moving averages indicate a short-term bullish trend for Terra. 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 area of 51.65. Where can we expect a rebound down again and a continuation of the…
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.
SOL/USD are trading at 96.63 and continue to move within the correction and the bearish channel. Moving averages indicate the presence of a short-term bullish trend for Solana. Prices are 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 a rise in the value of the digital asset and a test of the resistance level near the 100.05 area. Where can we expect a rebound again and a continuation of the fall of the…
DOT/USD are trading at 18.32 and continue to move within the correction and the bearish channel. The moving averages indicate a short-term bullish trend for Polkadot. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise 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 20.05 area. Where can we expect a rebound down again and a continuation of the fall of…
Currency pair Euro/Dollar EUR/USD continues to move as part of a strong bullish correction and a bearish channel. There is a potential to complete the formation of the descending “5-0” pattern, within which, after a test of the level of 1.1345, prices should bounce down. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are again testing 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,…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and the downward channel. However, the risks of forming an inverted “Head and Shoulders” reversal pattern on higher timeframes remain. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.3546. 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…
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 have gone down from 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 the publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.7148. At the moment, we should expect an attempt to continue the development of the pair’s…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall and the bullish channel. At the time of the publication of the forecast, the US Dollar to the Japanese Yen is 114.37. 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 3, 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 $89.32 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 test the support level near the area of 83.85 dollars…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.2675. Moving averages indicate the presence of a short-term bearish 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 correction and the beginning of the development of the “Wedge” model. At the time of the publication of the forecast, the price of Gold is 1802 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 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 growth and test the resistance level near the area of 1825. Where…