Stock index S&P 500 continue to move within the correction and the downward channel. Moving averages indicate a short-term bearish trend. Prices broke through the area between the signal lines upward, 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 4575. At the moment, we should expect an attempt to develop a correction and test the support level near the 4565 area. Where can we expect an…
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.
LTC/USD quotes are traded at 160.74 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 $11,244,376,721. Moving averages indicate a short-term bearish trend for Litecoin. Prices went down 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…
DOGE/USD quotes are traded at the level of 0.1795 and continue to move as part of 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 support level near the 0.1975 area. Where can we expect a rebound down again…
SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00003715, and continues to move within the correction and the downward 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 bullish correction in the value of a digital asset and a test of the resistance area near the level of 0.00003995.…
SOL/USD are traded at 198.48 and continue to move as part of a bullish correction and a downward channel. Moving averages indicate a short-term bearish trend in Solana. Prices are bouncing again 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 correction in the value of a digital asset and a test of the resistance level near the 210.55 area. Where can we expect a rebound again and the continuation of…
BNB/USD are traded at 581.46 and continue to move as part of the correction and the downward channel. Moving averages indicate a short-term bullish trend for Binance Coin. Prices have broken up 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 area of 595.05. Where can we expect a rebound again and the continuation of the…
DOT/USD are trading at 29.18 and continue to move within the correction and bearish channel. Moving averages indicate a short-term bullish trend for Polkadot. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise from the current levels. At the moment, we should expect an attempt to develop the growth in the value of a digital asset and a test of the resistance level near the 32.05 area. Where can we expect a rebound down again and the continuation of the fall in the Polkadot…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1295 area. The pair continues to move within the fall and the downtrend channel. Moving averages indicate a bearish trend. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the European currency and the likely continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 1.1365. Where the rebound is expected from and the continuation of the fall of…
BRENT finish the trading week near the area of $ 71.40 per barrel. And it continues to move within the framework of the fall and the bullish channel. Moving averages indicate a bullish trend. Prices are trying to bounce off the area between the signal lines, which indicates pressure from commodity buyers and a potential continuation of the rally. At the moment, we should expect an attempt to develop a downward correction and a test of the support area near the level of 62.05. Then, the rebound and the continuation of the rise in oil to the area above the…
Currency pair Pound Dollar GBP/USD ends the trading week near the 1.3226 area. The pair continues to move within the fall and the downtrend channel. Moving averages indicate a bearish trend. Prices have broken down the area between the signal lines, which indicates pressure from sellers and a potential continuation of the decline in the British Pound against the US Dollar at current levels. At this point, we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 1.3285. Further, a rebound down and the continuation of the fall in…