Author: forex24pro

SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00002076, they continue to move within the framework of the fall and the downward channel. This is where the “Triangle” model is formed. Moving averages indicate the presence of a short-term bullish trend for the coin. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the coin and a potential continuation of the rise already from current levels. As part of the SHIB/USD rate forecast, it is not worth considering an attempt to develop a…

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 1.1277. As part of the Forex forecast for January 27, 2022, we should expect an attempt to develop a rise in prices and…

Currency pair Pound/Dollar GBP/USD continues to move within the correction and the downward channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.3508. 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 of the instrument. At the moment, we should expect an attempt to correct the price of the British Pound against the US Dollar and test the resistance area near…

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 the publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.7170. At the moment, we should expect an attempt to continue the development of the pair’s growth…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of the “Double Bottom” reversal pattern. At the time of the publication of the forecast, the US dollar against the Japanese Yen is 114.24. 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 US Dollar and a potential continuation of the fall in prices already from current levels. As part of the forecast for the Japanese Yen…

Brent continue to move as part of the growth and the beginning of the development of the “Wedge” model. At the time of the publication of the forecast, the price of Brent oil is $88.38 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…

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 exchange rate of the US Dollar to the Canadian Dollar is 1.2568. 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 and a potential continuation of the fall in the price pair in the near future. At the moment, we should expect an attempt to continue the development of price correction and a test…

GOLD continue to move within the correction and the bullish channel. At the time of publication of the forecast, the price of Gold is 1846 USD per Troy Ounce. 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 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 1840 area. Where should we expect a rebound upwards and continued growth in…

Silver ccontinue to move within the correction and the bullish channel. At the time of the publication of the forecast, the price of Silver is 23.88. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the growth in value already from current levels. At the moment, we should expect an attempt to develop a decrease in the value of the metal and a test of the support level near the area of ​​23.35. Where should we expect a rebound upwards…

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the downward channel. 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 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 Forex forecast, the exchange rate of the New Zealand Dollar to the US Dollar is 0.6686. At the moment, we…