LTC/USD are traded at 156.73 and continue to move as part of the correction and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $10,975,570,217. 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 of the resistance…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
DOGE/USD are traded at the level of 0.1720 and continue to move within the correction 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 0.1995 area. Where can we expect a rebound down again and the continuation…
SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00003373, continues to move in line with the growth and left the descending channel. Moving averages indicate a bullish trend. 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 correction in the value of a digital asset and a test of the support area near the level of…
BNB/USD are traded at 535.55 and continue to move as part of the correction and the formation of the ”Triangle” pattern. Moving averages indicate a short-term bearish trend for Binance Coin. Prices have broken the area between the signal lines upwards, 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 small correction in the value of a digital asset and a test of the resistance level near the 540.65 area. Where can we expect a rebound again and the continuation…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of a large ”Triangle” pattern, while the trend remains downtrend, most likely this pattern will be broken down by the market. 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 is 1.1288. As part of the…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction, after another test of an important support area. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on FOREX is 1.3254. 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 of the instrument. At the moment, we should expect an attempt to correct the price of the British Pound against the US Dollar and…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and left the bullish 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 from the current levels. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7132. 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 113.68. Moving averages indicate a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from the US Dollar buyers and a potential continuation of the price growth from the current levels. As part of the forecast for the Japanese Yen rate for December 22, 2021, we should…
Brent continue to move within the fall and the downtrend channel. At the time of the publication of the forecast, the price of Brent crude oil is $72.34 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices have broken the area between the signal lines down, which indicates pressure from sellers of ”Black Gold” 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 correction and test the resistance level near the area of $ 73.55 per barrel.…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the framework of strong growth and a bullish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2931. Moving averages indicate a short-term bullish trend for the pair. Prices broke up the area between the signal lines, which indicates pressure from buyers and a potential continuation of the growth of the price pair in the near future. At the moment, we should expect an attempt to continue the development of the decline and test the support…