Author: forex24pro

Currency pair Dollar Franc USD/CHF continues to move within the correction and sideways channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9120. Moving averages indicate a short-term bearish trend for the pair. Prices broke through the area between the signal lines downward, which indicates pressure from sellers and a potential continuation of the fall in the asset value 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 Franc and…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 74.21. Moving averages indicate a short-term bullish trend. Prices have broken the area between the signal lines upward, 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 4, 2022, we should expect an attempt to develop a price correction and…

BTC/USD are traded at the level of 47268 and continue to move as part of the correction and the downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $893,727,161,907. Moving averages indicate a short-term bearish trend for Bitcoin. Prices are again testing 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 from the current levels. As part of the cryptocurrency rate forecast for tomorrow, January 4, 2022, we should expect an attempt…

Ethereum are trading at 3831 and continue to move as part of the fall and the downtrend channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $455,162,837,425. 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 the current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the coin and test the resistance…

XRP/USD are trading at 0.8393 and continue to move as part of the correction and the downward channel. Here, the ”Wedge” pattern is formed, a breakdown of which downward will give an excellent signal to continue the fall of the asset. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $40,071,909,267. 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…

Stock index S&P 500 continue to move within the framework of the growth and the bullish channel. Moving averages indicate a short-term bullish trend. Prices went up from the area between the signal lines, 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 4789. At the moment, we should expect an attempt to develop a correction and test the support level near the 4725…

LTC/USD are traded at 148.08 and continue to move as part of the correction and the formation of the ”Wedge” model. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $10,455,001,873. 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…

DOGE/USD are traded at the level of 0.1712 and continue to move as part of the fall and completion of the formation of the ”Triangle” pattern, the breakdown of which will indicate a continuation of the price decline. Moving averages indicate a short-term bullish trend for Dogecoin. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth 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…

SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00003393, 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 correction in the value of a digital asset and a test of the resistance area near…

Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1331 area. The pair continues to move within the sideways correction and the downward channel. The ”Triangle” model is also formed here. Moving averages indicate a bearish trend. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the European currency and the likely continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 1.1355. Where is the rebound and…