Author: forex24pro

Ethereum are trading at 3383 and continue to move as part of the fall and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $401,786,176,193. Moving averages indicate a short-term bearish trend for Ethereum. Prices went down from the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the coin and a test of the…

XRP/USD are trading at 0.7910 and continue to move as part of the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $37,954,797,316. Moving averages indicate a short-term bearish trend for Ripple. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the XRP rate decline in the market already from current levels. At the moment, we should expect an attempt to develop asset growth and test the resistance level near the 0.8135 area.…

Stock index S&P 500 continue to move within the framework of the growth and the bullish channel. Moving averages indicate a short-term bearish trend. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continuation of the growth of the stock exchange index in the market already from the current levels. At the time of the publication of the forecast, the index is trading at the level of 4727. At the moment, we should expect an attempt to develop a fall and test the support level near the 4645…

LTC/USD are traded at 137.08 and continue to move within the correction and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $9,565,432,850. Moving averages indicate a short-term bearish trend for Litecoin. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of a digital asset and a test of the resistance level near…

DOGE/USD are traded at 0.1583 and continue to move as part of the correction and the downward channel. Moving averages indicate a short-term bullish trend for Dogecoin. Prices have broken up the area between the signal lines, which indicates pressure from the buyers of the asset and a potential continuation of the rise from the current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of a digital asset and a test of the resistance level near the 0.1725 area. Where can we expect a rebound down again and the continuation of…

SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00003199, continues to move in line with the growth and left the descending channel. Moving averages indicate a short-term bullish trend for the coin. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the coin and a potential continuation of growth from the current levels. As part of the SHIB/USD rate forecast, one should not consider an attempt to develop a correction in the value of a digital asset and a test of the support area…

Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the ”Head and Shoulders” model. Moving averages indicate a short-term bullish trend for the pair. Prices broke through the areas between the signal lines upwards again, which indicates pressure from buyers of the European currency and a potential continuation of the growth of asset quotes from current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.1328. As part of the Forex forecast for January 12, 2022, we should expect an attempt to continue the development of a…

Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and the formation of the “Wedge” reversal pattern. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3605. Moving averages indicate a short-term bullish trend. Prices have broken the area between the signal lines upwards, 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 the US Dollar and test…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the downward channel. Moving averages indicate a short-term bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall in the value of the instrument already from the current levels. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7182. At the moment, we should expect an attempt to develop a bullish correction and…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 115.37. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the US Dollar and a potential continuation of the fall in prices from the current levels. As part of the forecast for the Japanese Yen rate for January 12,…