SHIBA INU ends the trading week at 0.00000829 and continues to move within the fall and the downward channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the SHIB/USD rate forecast for the next trading week, we should expect an attempt to develop a bullish correction in the value of the digital asset and a test of the resistance area near the level of 0.00000965. From where a rebound down 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 0.0773 and continues to move as part of the fall and the downward channel. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, 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 0.0905. From where a rebound down is…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the “Wedge” reversal pattern. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the European currency and a potential continuation of the growth of asset quotes already from current levels. At the time of the publication of the forecast, the EUR/USD exchange rate is 1.0599. As part of the Forex forecast for December 23, 2022, we should expect an attempt to develop a…
Currency pair Pound/Dollar GBP/USD continues to move as part of the development of a correction and a bullish channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.2064. Moving averages indicate the presence of a short-term bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument. At the moment, we should expect an attempt to develop a correction in the price of the British Pound against the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the correction and the beginning of the development of the reversal pattern “Wedge”. Moving averages indicate a short-term uptrend. Prices have broken through the area between the signal lines down, 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 0.6696. At the moment, we should expect an attempt to develop a correction in the pair…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of a strong fall and a downward channel. At the time of the publication of the forecast, the US Dollar to the Japanese Yen is 132.32. 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 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 December 22,…
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 $82.02 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 the sellers of “Black Gold” and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 78.55 dollars per barrel.…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and left the limits of the downward channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.3609. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines up, 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…
GOLD continue to move within the correction and the bullish channel. At the time of the publication of the forecast, the price of GOLD is 1815 USD per Troy Ounce. Moving averages indicate the presence of a short-term bullish trend. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a correction and test the support level near the area of 1790. Where should we expect a rebound upwards and continued…
Silver continue to move as part of the growth and the bullish channel. At the time of the publication of the forecast, the price of Silver is 23.94. Moving averages indicate a bullish trend. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the growth in value already from current levels. At the moment, we should expect an attempt to continue the development of a downward correction in the value of the metal and a test of the support level near the area of 23.15.…