Author: forex24pro

Stock index S&P 500 continue to move as part of the fall and the beginning of the development of the “Head and Shoulders” model. 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 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 4591. At the moment, we should expect an attempt to develop growth and test the…

LTC/USD are trading at 140.89 and continue to move as part of the fall and the bullish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $9,760,159,576. Moving averages indicate the presence of a short-term bullish trend for Litecoin. 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 a bullish correction in the value of the digital asset and a test of…

DOGE/USD are trading at 0.1632 and continue to move as part of the fall and the bearish channel. Moving averages indicate a short-term bullish trend for Dogecoin. Prices have broken down the area between the signal lines, 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 correction in the value of the digital asset and a test of the resistance level near the 0.1720 area. Where can we expect a rebound down again and a continuation of the fall…

SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00002820, they continue to move within the framework of the fall and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the coin. Prices have gone down from the area between the signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall already from the current levels. As part of the SHIB/USD rate forecast, it is not worth considering an attempt to develop a correction in the value of a…

Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the bullish channel. Moving averages indicate the presence of a short-term bullish trend for the pair, which has just begun, as we can see, the moving averages have crossed in favor of the rise. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the European currency and a potential continuation of the growth of asset quotes already from current levels. At the time of the publication of the forecast, the EUR/USD exchange rate is 1.13399. As part of the…

Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the “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 1.3647. 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 attempt to raise the price of the British Pound against…

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 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 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 0.7310. At the moment, we should expect an attempt to continue the development of the…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and have left the limits of the bullish channel. At the time of publication of the forecast, the US dollar to the Japanese Yen is 114.53. 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 January 18,…

Brent continue to move as part of growth and a bullish channel. At the time of publication of the forecast, the price of Brent crude oil is $85.63 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 ​​82.85…

Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the downward channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.25334. Moving averages indicate the presence of a short-term bearish 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 pair’s fall 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…