Author: forex24pro

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the downward channel. 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 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 Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6754. At the moment, we should…

Currency pair Dollar Franc USD/CHF continues to move as part of the growth and left the descending channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9207. Moving averages indicate a short-term bullish trend for the pair. Prices broke through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of the asset’s price growth from the current levels. At the moment, we should expect an attempt to continue the development of the depreciation of the US Dollar against the Swiss…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall and the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 75.10. Moving averages indicate a short-term bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the US currency and a potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for January 11, 2022, we should expect an attempt to develop…

BTC/USD are trading at 41970 and continue to move as part of the fall and the downtrend channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $791,673,690,371. Moving averages indicate a short-term bearish trend for Bitcoin. Prices went down from the area between the signal lines, which indicates pressure from the sellers of ”Digital Gold” and a potential continuation of the fall in the value of the asset already from the current levels. As part of the cryptocurrency rate forecast for tomorrow, January 11, 2022, we should expect an attempt to develop…

Ethereum are trading at 3160 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 $375,116,971,122. 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 0.7483 and continue to move within the fall and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $35,625,464,982. 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 0.8145 area. Further, a…

Stock index S&P 500 continue to move within the correction and the bullish channel. An ascending ”5-0” pattern, as well as a Wedge reversal pattern, is also forming here. Moving averages indicate a short-term bearish trend. Prices broke down the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the fall of the stock index in the market from the current levels. At the time of the publication of the forecast, the index is trading at the level of 4679. At the moment, we should expect an attempt to develop…

LTC/USD are trading at 130.37 and continue to move within the fall and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $9,039,898,361. Moving averages indicate a short-term bearish trend for Litecoin. Prices went down from 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 0.1515 and continue to move within the fall and the downward channel. Moving averages indicate a short-term bearish trend for Dogecoin. 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 the 0.1560 area. Where can we expect a rebound down again and the continuation of the fall…

SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00002850, and continues to move within the correction and the downward channel. Moving averages indicate a short-term bearish trend for the coin. Prices are again 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, one should not consider an attempt to develop a bullish correction in the value of a digital asset and a test of the resistance…