Author: forex24pro

Stock index S&P 500 continue to move in the framework of the correction and bull canal. The ascending model ”5-0” is also formed here. The moving averages indicate the presence of short-term bearish trends. Prices again test the area between the signal lines, which indicates pressure from the asset sellers and the potential continuation of the fall of the exchange index on the market is already with current levels. At the time of publication of the forecast, the index is trading at 4685. At the moment, it is worth expecting an attempt to develop a fall and test of the…

LTC/USD are traded at 128.30 and continue to move in the framework of the fall and downward channel. Capitalization of LiteCoin cryptocurrencies at the time of publication of the forecast is $8,913,266,482. The moving averages indicate the presence of short-term bearish trends in LiteCoin. Prices went down from the area between the signal lines, which indicates the pressure from the asset sellers and the potential continuation of the fall already from the current levels. At the moment, it is worth an attempt to develop a bovine correction of the value of a digital asset and the resistance test near the…

DOGE/USD are traded at the level of 0.1445 and continue to move as part of 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 0.1525 area. Where can we expect a rebound down again and…

SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00002703, continues to move within the fall and the downtrend channel. Moving averages indicate a short-term bearish 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 bullish correction in the value of a digital asset and a test of the resistance area near the…

Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the bullish channel. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the areas between the signal lines, which indicates pressure from the sellers of the European currency and a potential continuation of the decline in asset quotes from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.1330. As part of the Forex forecast for January 11, 2022, we should expect an attempt to continue the development of a bullish price correction and…

Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and left the downward channel. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3586. 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 correct the price of the British Pound against the US Dollar and test the support area…

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 0.7195. 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 bullish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 115.77. Moving averages indicate a short-term bullish trend for the pair. Prices went up from the area between the signal lines, which indicates pressure from the US Dollar buyers and a potential continuation of price growth from the current levels. As part of the forecast for the Japanese Yen exchange rate for January 11, 2022, we should…

Brent continue to move within the growth and bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 82.00 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices have broken the area between the signal lines up, which indicates pressure from buyers of ”Black Gold” and a potential continuation of the growth of the asset value from the current levels. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of ​​$ 79.85 per barrel. Further,…

Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the beginning of the development of the bearish pattern ”5-0”. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2637. 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 pair of prices in the near future. At the moment, we should expect an attempt to continue the…