LTC/USD are traded at 245.34 and continue to move as part of the correction and the formation of the ”Wedge” model. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $16,729,875,309. Moving averages indicate a short-term bullish trend for Litecoin. Prices are again testing 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 correction in the value of a digital asset and a test of the support…
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 trading at 0.2456 and continue to move as part of the correction and the formation of the ”Triangle” pattern. Moving averages indicate the presence of a short-term bearish trend for Dogecoin. Prices have broken the area between the signal lines down, which indicates pressure from the sellers of the asset and 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 support level near the 0.2375 area.Where we can again expect a rebound and continued growth…
SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00005074, continues to move as part of the correction and the formation of the ”Triangle” pattern. Moving averages indicate the presence of trend bears. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the coin and a potential continuation of the fall from the current levels. As part of the SHIB/USD rate forecast, one should not consider an attempt to develop a decrease in the value of a digital asset and a test of the…
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices went down from 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 1.1446. As part of the Forex forecast for November 16, 2021, we should expect an attempt to continue the development of a bullish price correction…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3413. Moving averages indicate a short-term bearish trend. Prices pushed down from 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 test the resistance area…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the downward channel. Moving averages indicate a short-term bearish trend. Prices went down from 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 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 0.7354. At the moment, we should expect an attempt to develop a rise and test…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the rise and the downward channel. The plundered ”Head and Shoulders” pattern is also formed here. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 113.96. Moving averages indicate a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upward, which indicates pressure from US Dollar buyers and a potential continuation of the rise in prices from the current levels. As part of the…
Brent continue to move within the correction and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $81.84 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 a test of the support level near the area of $ 81.05…
Currency pair US Dollar to Canadian Dollar USD/CAD continues 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 Canadian Dollar is 1.2528. Moving averages indicate a short-term bullish trend for the pair. Prices are again testing the areas 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 develop a correction and a test of the support level…
GOLD continue to move as part of the growth and the bullish channel. At the time of the publication of the forecast, the price of GOLD is 1861 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines upward, 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 decline and test the support level near the 1835 area. Where can we expect a rebound and a continued rise in the…