Author: forex24pro

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and the formation of the downward model ”Wolfe Wave”. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 75.56. Moving averages indicate the presence of a short-term bullish trend. Prices have gone up from 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 USD exchange rate forecast for January…

BTC/USD are trading at 42609 and continue to move within the correction and the downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $809,071,462,741. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have gone 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 current levels. As part of the cryptocurrency rate forecast for tomorrow, January 18, 2022, we should expect an attempt to develop a correction…

Ethereum are trading at 3262 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 $389,141,305,970. Moving averages indicate a short-term bearish trend for Ethereum. Prices have gone 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…

XRP/USD are trading at 0.7574 and continue to move within the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $36,441,110,986. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall in the XRP rate on the market already from current levels. At the moment, we should expect an attempt to develop the growth of the asset and test the resistance…

Stock index S&P 500 continue to move within the correction and the bullish channel. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall of the stock index on the market already from current levels. At the time of the publication of the forecast, the index is trading at 4657. At the moment, we should expect an attempt to develop growth and test the resistance level near the 4745 area. Where should we expect…

LTC/USD are trading at 151.62 and continue to move as part of a bullish correction and a downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $10,627,791,616. Moving averages indicate a short-term bearish trend for Litecoin. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the digital asset and a test of the resistance level…

DOGE/USD are trading at 0.1700 and continue to move within the correction and the bullish channel. Moving averages indicate a short-term bullish trend for Dogecoin. Prices have broken down the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall already from current levels. At the moment, we should expect an attempt to develop a correction in the value of the digital asset and a test of the support level near the 0.1605 area. Where should we expect a rebound again and a continuation of the rise in the Dogecoin…

SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00002931, they continue to move within the framework of the fall and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the coin. Prices are 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, it is not worth considering an attempt to develop a correction in the value of a digital asset and…

Currency pair Euro Dollar EUR/USD completes the trading week near the area of ​​1.1435. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the European currency and a likely continuation of the fall from current levels. At the moment, we should expect an attempt to develop a bullish correction and test the resistance area near the level of 1.1505. Where is the expected rebound and continued fall of the Euro Dollar. The potential target of…

BRENT complete the trading week near the area of ​​85.10 dollars per barrel. And it continues to move within the growth and bullish channel. Moving averages indicate a bullish trend. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of raw materials and a potential continuation of the rise. At the moment, we should expect an attempt to develop a correction and test the support area near the level of 77.05. Then, it is worth considering a rebound upwards and the continuation of the growth of oil in the area above the level…