DOGE/USD are trading at 0.1700 and continue to move within the correction and the bullish 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 support level near the 0.1605 area. Where should we expect a rebound again and a continuation of the rise in the Dogecoin…
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.
SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00002931, 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 are testing the area between the signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall 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 digital asset and…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1435. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the European currency and a likely continuation of the fall from current levels. At the moment, we should expect an attempt to develop a bullish correction and test the resistance area near the level of 1.1505. Where is the expected rebound and continued fall of the Euro Dollar. The potential target of…
BRENT complete the trading week near the area of 85.10 dollars per barrel. And it continues to move within the growth and bullish channel. Moving averages indicate a bullish trend. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of raw materials and a potential continuation of the rise. At the moment, we should expect an attempt to develop a correction and test the support area near the level of 77.05. Then, it is worth considering a rebound upwards and the continuation of the growth of oil in the area above the level…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.3691. The pair continues to move within the bullish correction. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers and a potential continuation of the growth of the British Pound against the US Dollar at current levels. At this point, we should expect an attempt to develop a bullish correction and test the resistance area near the level of 1.3775. Further, a rebound down and the continuation of the fall of the Pound Dollar…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 76.12 Rubles per US Dollar. The pair continues to move within the framework of growth and tests the upper limit of the bearish channel. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the US dollar and a likely continuation of the pair’s growth already from these levels. In the current trading January 17 — 21, 2022 we should expect an attempt to develop a rise and test the resistance…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.7244. The pair continues to move within the bullish correction and the downward channel. Moving averages indicate a bearish trend. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall in the value of the currency pair. At the moment, we should expect an attempt to develop a small bullish correction and a test of the resistance area near the level of 0.7275. Then, a rebound and continued…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.2522. The pair continues to move within the correction and the bullish channel. Moving averages indicate a 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. At the moment, we should expect an attempt to develop a correction and test the support level near the area of 1.2485. Then, a rebound upwards and the continuation of the rise in quotes with a target above…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 113.75. The pair continues to move within the framework of the growth and the rising channel. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from US Dollar buyers and a potential continuation of the rise. At the moment, we should expect an attempt to develop growth and test the resistance level near the area of 112.25. Then, a rebound upwards and the continuation of the growth of the pair to the…
GOLD completes the trading week near the 1823 area. XAU/USD quotes continue to move as part of the correction and the formation of the “Triangle” model. Moving averages indicate the presence of a bullish trend for Gold. Prices have broken through the area between the signal lines up, which indicates pressure from buyers and a potential continuation of the price rise. At the moment, we should expect an attempt to develop a price decline and test the support level near the 1770 area. Further, the continuation of the growth in the price of Gold with a potential target above the…