Author: forex24pro

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 73.55. 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 December 29, 2021, we should expect an attempt to develop…

BTC/USD are trading at 49153 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 $933,614,714,572. 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, December 29, 2021, we should expect an attempt to develop…

Ethereum are trading at 3917 and continue to move as part of the correction and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $467,552,373,862. 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 test the resistance level…

XRP/USD are trading at 0.8853 and continue to move as part of the fall and the bearish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $42,599,577,034. Moving averages indicate a short-term bearish trend for Ripple. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the XRP rate decline in the market already from the current levels. At the moment, we should expect an attempt to develop asset growth and test the resistance level near the 0.9005…

Stock index S&P 500 continue to move as part of the growth and the beginning of the development of the ”Triangle” model. 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 4793. At the moment, we should expect an attempt to develop a correction and test the…

LTC/USD are traded at 152.56 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 $10,623,414,183. Moving averages indicate a short-term bearish trend for Litecoin. Prices have moved away 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…

DOGE/USD are traded at 0.1814 and continue to move as part of the fall and completion of the ”Head and Shoulders” pattern, a breakdown of which will indicate a continuation of the price decline. Moving averages indicate a short-term bearish 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 resistance level near the…

SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00003708, continues to move as part of the correction and the formation of the ”Triangle” model. Prices broke through the area between the signal lines downward, 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 support area near the level of 0.00003575. From…

Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the ”Triangle” model. Once again, a rebound from the upper border of this model took place, however, there has been no breakdown downward yet, uncertainty remains. 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 European currency and a potential continuation of the fall in the asset quotes from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate…

Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the ”Wedge” model. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on FOREX is 1.3425. Moving averages indicate a short-term bearish 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 correct the price of the British Pound against the US Dollar and test the…