Author: forex24pro

SHIBA INU ends the trading week at 0.00002057 and continues to move within the fall and the downward price channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the SHIB/USD rate forecast for the next trading week, we should expect an attempt to develop a bullish correction in the value of the digital asset and a test of the resistance area near the level of 0.00003005. From where a rebound down is…

Dogecoin ends the trading week at 0.1393 and continues to move as part of the fall and the downward channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the DOGE/USD rate forecast for the next trading week, we should expect an attempt to develop a slight increase in the value of the digital asset and test the resistance area near the level of 0.1855. From where a rebound down is expected again…

Ethereum is one of the known cryptocurrencies worldwide at the moment. Second, only to the almighty Bitcoin, Ethereum is a very lucrative cryptocurrency that has stood the test of time and is a worthy investment. Many people are trying to invest in this juicy currency, and that’s a great idea. However, there are crucial things that you must know before investing in Ethereum. If you want to invest in this cryptocurrency, you are in the right place. These tips will help you make better investments and maintain your investment. Here are four things you should know and consider before investing…

Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the bearish channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the areas between the signal lines down, 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 EUR/USD exchange rate is 1.1195. As part of the Forex forecast for January 28, 2022, we should expect an attempt to develop a rise in prices and…

Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the downward channel. However, already now there are risks of the formation of a “Head and Shoulders” reversal pattern. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.3428. 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…

Currency pair Australian Dollar to US Dollar AUD/USD continues 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 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 0.7094. At the moment, we should expect an attempt to continue the development of…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the beginning of the development of the reversal pattern “Double Bottom”. At the time of the publication of the forecast, the US dollar against the Japanese Yen is 115.06. 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 buyers of the US Dollar and a potential continuation of price growth already from current levels. As part of the forecast for the…

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 oil is $88.90 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 continuation of the 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 ​​87.85…

Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the correction and the bullish channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.2667. Moving averages indicate the presence of a short-term bullish 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 and a test of the support level near…

GOLD continue to move within the correction and the bullish channel. At the time of publication of the forecast, the price of GOLD is 1816 USD per Troy Ounce. Moving averages indicate the presence of a short-term bullish trend. 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 a decline and test the support level near the 1800 area. Where should we expect a rebound upwards and continued growth in the…