BNB/USD are trading at 509.69 and continue to move within the fall and the bearish channel. Moving averages indicate a short-term bearish trend for Binance Coin. Prices broke through the area between the signal lines downward, which indicates pressure from selling the asset and a potential continuation of the fall 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 525.05 area. Where can we expect a rebound again and the continuation of the fall in the…
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.
Tesla continue to move within the fall and the downtrend channel. Moving averages indicate a short-term bearish trend for Tesla. Prices moved down from the area between the signal lines downward, which indicates pressure from the sellers of securities. At the time of publication of the forecast, the share price is 896.50. As part of the forecast, we should expect an attempt to develop a correction and test the resistance level near the 935.05 area. Further, the rebound and the continuation of the fall in the value of securities. A potential target of such a movement is the area below…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1335 area. The pair continues to move within the correction and the downward 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 1.1375. Where the rebound is expected from and the continuation of the fall of…
BRENT ended the trading week near the $ 74.38 area per barrel. And it continues to move within the framework of the growth and the bullish channel. Moving averages indicate a bullish trend. Prices are again testing 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 downward correction and a test of the support area near the level of 62.65. Then, a rebound and continued rise in oil to the area above the level of $ 91.55…
Currency pair Pound Dollar GBP/USD ends the trading week near the 1.3326 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 1.3505. Further, a rebound down and the continuation of the fall in…
Currency pair US Dollar to Russian Ruble USD/RUB ends the trading week near the level of 73.62 Rubles per US Dollar. The pair continues to move within the correction and the bearish channel. Moving averages indicate a downtrend. The prices broke through the area between the signal lines upward, which indicates pressure from the US dollar buyers and the likely continuation of the pair’s growth from these levels. In the current trading week, December 20 — 24, 2021 we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 74.35.…
Currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the 0.7162 area. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. Prices broke the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall in the value of the currency pair. At the moment, we should expect an attempt to develop a small bullish correction and a test of the resistance area near the level of 0.7215. Then, the rebound and the continuation of the…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.2795. The pair continues to move within the framework of growth and the formation of an inverted ”Triangle” pattern. Moving averages indicate a bearish trend. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the currency pair and a potential continued growth. At the moment, we should expect an attempt to develop a correction and test the support level near the 1.2575 area. Then, a rebound upward and a continuation of the rise in quotations with a…
Quotes of the pair USD/JPY US Dollar to Japanese Yen end the trading week near the 113.54 area. The pair continues to move within the correction and the ascending channel. Moving averages indicate a bullish trend. Prices have broken the area between the signal lines upward, which indicates pressure from the US dollar buyers and a potential continuation of the rise. At the moment, we should expect an attempt to develop a correction and a test of the support level near the 112.45 area. Then, the rebound and the continuation of the rise of the pair to the area above…
GOLD is completing the trading week near the 1806 area. XAU/USD quotes continue to move as part of the correction and the formation of the ”Triangle” pattern. Moving averages indicate a bullish trend for Gold. Prices have broken the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of the price rise. At the moment, we should expect an attempt to develop a price decline and a test of the support level near the 1755 area. Further, the GOLD price will continue to rise with a potential target above the level of 1995. GOLD…