Author: forex24pro

Stock index S&P 500 continue to move as part of growth and a bullish channel. Moving averages indicate the presence of a short-term bearish trend. Prices broke through the area between the signal lines up, which indicates pressure from buyers of the asset and a potential continuation of the growth 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 4727. At the moment, we should expect an attempt to develop a fall and a test of the support level near the 4665 area. Where…

LTC/USD are trading at 139.12 and continue to move within the correction and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $9,510,686,071. 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 near the 150.55…

DOGE/USD are trading at 0.1716 and continue to move within the correction and the downward channel. Moving averages indicate a short-term bullish trend for Dogecoin. Prices have broken through the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise already 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 near the 0.1805 area. Where can we expect a rebound down again and a continuation of the fall of…

SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00003220, they continue to move within the framework of growth and have left the limits of the downward channel. Moving averages indicate the presence of a short-term bullish trend for the coin. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the coin and a potential continuation of growth already from 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…

Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the bullish channel. Moving averages indicate a short-term bullish trend for the pair. Prices broke through the areas between the signal lines upward, which indicates pressure from buyers of the European currency and a potential continuation of the growth of asset quotes from current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.1413. As part of the Forex forecast for January 13, 2022, we should expect an attempt to continue the development of a bullish price correction and a test…

Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and the bullish channel. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3605. 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 raise the price of the British Pound against the US Dollar and test the support area near…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the framework of good growth and a downward channel. Moving averages indicate a short-term bearish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the currency pair and a potential continuation of the growth 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 0.7261. At the moment, we should expect an attempt to continue the development of…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall and the downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 115.15. Moving averages indicate a short-term bearish trend for the pair. The prices have broken the area between the signal lines downward, which indicates pressure from the sellers of the US Dollar and a potential continuation of the fall in prices from the current levels. As part of the forecast for the Japanese Yen rate for January…

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 $84.41 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 ​​$82.55 per barrel. Further, the continuation…

Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the beginning of the formation of the bullish Wolfe Wave pattern. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2516. 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…