Author: forex24pro

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 73.75. Moving averages indicate a short-term bearish trend. Prices moved down from the area between the signal lines, which indicates pressure from sellers of the US currency and a potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for December 17, 2021, we should expect an attempt to develop a…

BTC/USD are traded at 48637 and continue to move as part of the fall and the downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $915,604,459,219. Moving averages indicate a short-term bearish trend for Bitcoin. Prices are again testing 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 from the current levels. As part of the cryptocurrency rate forecast for tomorrow, December 17, 2021, we should expect an attempt to develop a…

Ethereum are traded at 4074 and continue to move within the correction and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $482,450,491,878. Moving averages indicate a short-term bearish trend for Ethereum. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the decline in the value of the asset from the 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 the resistance level…

XRP/USD are trading at 0.7993 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 $39,010,461,076. Moving averages indicate a short-term bearish trend for Ripple. 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 XRP rate decline in the market already from current levels. At the moment, we should expect an attempt to develop asset growth and test the resistance level near the 0.8345 area. Further, a…

Stock index S&P 500 continue to move within the framework of the rise and the bullish channel. Moving averages indicate a short-term bullish trend. Prices went up from the area between the signal lines, 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 the level of 4705. At the moment, we should expect an attempt to develop a small correction and test the support level near the…

LTC/USD are traded at 154.53 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 $10,661,781,558. 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…

DOGE/USD are traded at 0.1803 and continue to move as part of the correction. Moving averages indicate a short-term bearish trend for Dogecoin. 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 bullish correction in the value of a digital asset and a test of the resistance level near the 0.2075 area. Where can we expect a rebound down again and the continuation of the fall in the Dogecoin rate…

SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00003380, and continues to move within the correction and the downward channel. As you can see, nothing is happening yet. 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…

BNB/USD are trading at 541.30 and continue to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend for Binance Coin. Prices have broken the area between the signal lines upward, which indicates pressure from the 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 a bullish correction in the value of a digital asset and a test of the resistance level near the area of ​​560.55. 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 the ”Triangle” model. Moving averages indicate a short-term bearish trend for the pair. Prices broke through the area between the signal lines upward, 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 1.1266. As part of the Forex forecast for December 16, 2021, we should expect an attempt to develop a small bullish price…