Author: forex24pro

Silver complete the trading week near the area of 23.46. Quotes continue to move within the correction and left the limits of the downward channel. Moving averages indicate the presence of a bullish trend for the pair. Prices have broken through the area between the signal lines up, which indicates pressure from sellers of the metal and a potential continuation of the fall already from current levels. At the moment, we should expect an attempt to develop a decrease in the value of the asset and a test of the support level near the area of 22.95. Further, the continuation…

SHIBA INU ends the trading week at 0.00001250 and continues to move within a bullish correction and a downward channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the coin and a potential continuation of growth in the near future. As part of the SHIB/USD rate forecast for the next trading week, we should expect an attempt to develop an increase in the value of the digital asset and test the resistance area near the level of 0.00001315. From where a rebound down is expected…

Dogecoin ends the trading week at 0.0925 and continues to move within a correction and a bullish channel. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the coin and a potential continuation of growth in the near future. As part of the DOGE/USD rate forecast for the next trading week, we should expect an attempt to develop a correction in the value of the digital asset and a test of the support area near the level of 0.1025. From where a rebound down is expected…

Experience Gambling without the Gamble: No House Edge, Just Jackpots! Introducing Endblock.io, a revolutionary collective reverse betting system set to revolutionize the decentralized Gambling and DeFi industry (Gambfi). Simplicity meets sophistication in this world’s first reverse crypto betting game, where getting started is as easy as hitting a button on a website. At the same time, the game offers a rich nuance for players who wish to maneuver and strategize. Even if a player does not win the primary jackpot, they will still unlock an extravaganza of bonuses: free tokens, pool rewards, and more lotteries like the Mega Jackpot! Endblock…

Currency pair Euro/Dollar EUR/USD continues to move as part of the development of a correction and a bullish channel. The potential for the formation of a double top reversal pattern remains on higher timeframes. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.2370. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument. At the moment, we should…

Currency pair Pound/Dollar GBP/USD continues to move as part of the development of a correction and a bullish channel. The potential for the formation of a double top reversal pattern remains on higher timeframes. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on FOREX is 1.2370. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument. At the moment, we should…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move in growth and a bullish channel. Moving averages indicate a short-term uptrend. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continued growth in the value of the instrument already from current levels. At the time of publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.7071. At the moment, we should expect an attempt to develop the growth of the pair and test the resistance area near the level…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the US Dollar to the Japanese Yen is 130.25. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the US Dollar and a potential continuation of the fall in prices already from current levels. As part of the forecast for the Japanese Yen on February 1, 2023…

Brent continue to move within the correction and the downward channel. At the time of the publication of the forecast, the price of Brent oil is $85.50 per barrel. Moving averages indicate a short-term bearish trend in oil. Prices are again testing the area between the signal lines, which indicates pressure from buyers of Black Gold and a potential continuation of the growth in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a bearish correction and a test of the support level near the $80.85 area. Further, a rebound…

Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the formation of the “Wedge” reversal pattern. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.3352. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from buyers and a potential continuation of the price pair growth in the near future. At the moment, it is worth considering an attempt to develop a price correction and a test…