Author: 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.

Apple quotes continue to move within the growth and bullish channel. Moving averages indicate a short-term bullish trend for Apple. Prices are again testing the area between the signal lines, which indicates pressure from buyers of shares and a likely continuation of the growth in the value of securities. At the time of publication of the forecast, the value of the shares is 174.53. As part of the forecast, we should expect an attempt to develop a correction and test the support level near the area of ​​164.05. Further, a rebound upwards and continued growth in the value of securities.…

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NVDA quotes continue to move within the framework of growth and have left the limits of the downward channel. The moving averages point to a short-term bearish trend for Nvidia. Prices are again testing the area between the signal lines, which indicates pressure from sellers of securities. At the time of publication of the forecast, the share price is 246.27. As part of the forecast, we should expect an attempt to develop a correction and test the support level near the area of ​​225.05. Further, a rebound and continued rise in the value of securities. The potential target of such…

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AMD quotes continue to move as part of the rise and the downward channel. The moving averages point to a short-term bearish trend for AMD. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of securities and a potential continuation of the fall in the value of shares. At the time of publication of the forecast, the value of the shares is 116.79. As part of the forecast, we should expect an attempt to develop a correction and test the resistance level near the area of ​​122.55. Further, a rebound down and the…

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Netflix quotes continue to move up as part of the rise after a serious fall. The moving averages indicate a short-term bearish trend for the NFLX. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of securities. At the time of publication of the forecast, the value of the shares is 457.38. As part of the forecast, we should expect an attempt to develop a correction and test the support level near the area of ​​430.55. Further, a rebound upwards and the continuation of the rise in the value of securities. The potential…

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GameStop quotes continue to move as part of the fall and the downward channel. The moving averages point to a short-term bearish trend for the GME. Prices have broken through the area between the signal lines up, which indicates pressure from sellers of securities. At the time of publication of the forecast, the value of the shares is 112.48. As part of the forecast, we should expect an attempt to develop a correction and test the resistance level near the area of ​​125.05. Further, a rebound and continued fall in the value of securities. The potential target of such a…

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Currency pair Euro/Dollar EUR/USD continues to move as part of a strong bullish correction and a bearish 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 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 1.1264. As part of the Forex forecast for February 2, 2022, we should expect an attempt to develop a rise in prices…

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Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and the downward channel. However, already now there are risks of the formation of a “Head and Shoulders” reversal pattern on higher timeframes. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.3499. 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 currency pair and a potential continuation of the growth of the instrument. At the moment, we should…

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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 publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.7095. At the moment, we should expect an attempt to continue the development of the pair’s growth…

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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 publication of the forecast, the US Dollar to the Japanese Yen is 114.66. 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 2, 2022, we should expect an…

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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 $89.16 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 ​​84.35 dollars…

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