SHIBA INU ends the trading week at 0.00005092 and continues to move within the correction. The bulls just fail to seize the initiative. Moving averages indicate a bullish trend. Prices are retesting the area between the signal lines, which indicates pressure from buyers of the coin and a potential continuation of the rise. As part of the SHIB/USD rate forecast for the next trading week, we should expect an attempt to develop a correction in the value of a digital asset and a test of the support area near the level of 0.00005000. From where a rebound is expected again…
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.
Dogecoin ends the trading week at 0.2654 and continues to move within the growth and bullish channel. Moving averages indicate a bearish trend. Prices are retesting the area between the signal lines, which indicates pressure from buyers of the coin and a potential continuation of the rise. As part of the DOGE/USD rate forecast for the next trading week, we should expect an attempt to reduce the value of a digital asset and a test of the support area near the level of 0.2205. From where a rebound is expected again and an attempt to raise Dogecoin cryptocurrency with a…
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and left the bullish correction channel. 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 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 1.1553. As part of the Forex forecast for November 5, 2021, we should expect an attempt to continue the development of a bullish…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the formation of the “Head and Shoulders” reversal pattern. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3626. Moving averages indicate a short-term sideways trend. Prices broke through the area between the signal lines downward, 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 reduce the price of the British Pound against the US…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend. Prices broke through the area between the signal lines downward, 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 0.7421. 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 correction and the formation of the ”Triangle” model. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 114.03. Moving averages indicate a short-term bullish trend for the pair. The prices have broken the area between the signal lines upwards, which indicates the pressure from the buyers of the US Dollar and the potential continuation of the rise in prices already from the current levels. As part of the forecast for the…
Brent continue to move within the correction and the downward channel. An inverted Head and Shoulders pattern is also formed here. At the time of the publication of the forecast, the price of Brent crude oil is $ 82.97 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices went down from the area between the signal lines, 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 decline and a…
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 1.2413. Moving averages indicate a short-term bullish trend for the pair. Prices went up from the area 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 fall and the formation of a large ”Triangle” pattern. At the time of the publication of the forecast, the price of GOLD is 1776 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines downward, 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 decline and test the support level near the 1745 area. Where can we expect a rebound…
Silver continue to move as part of the rise and the formation of an inverted “Head and Shoulders” reversal pattern, which, if this pattern completes, it can send the price of the precious metal above the level of 28.00. At the time of the publication of the forecast, Silver prices are 23.6ё. Moving averages indicate a bullish trend. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall in value from the current levels. At the moment, we should expect an attempt to develop…