Silver continue to move within the correction and the bullish channel. At the time of the publication of the forecast, the price of Silver is 23.71. 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 23.25. Where should…
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.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the beginning of the development of the Head and Shoulders reversal pattern. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again testing 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 Forex forecast, the exchange rate of the New Zealand Dollar to the US…
Currency pair Dollar Franc USD/CHF continues to move within the framework of growth and left the limits of the reversal pattern “Wedge”. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9330. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have gone down from the area between the signal lines, which indicates pressure from sellers 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…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of growth and a bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 69.50. 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 US currency and a potential continuation of the growth of the US Dollar against the Russian Ruble. As part of the USD exchange rate forecast for December 28, 2022, we should expect an…
BTC/USD are trading at 16810 and continue to move within the correction and the downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $324,077,498,641. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers of “Digital Gold” and a potential continuation of the fall in the value of the asset already from current levels. As part of the cryptocurrency rate forecast for tomorrow, December 28, 2022, we should expect an attempt to develop a rise…
Ethereum are trading at the level of 1212 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 $148,987,557,399. Moving averages indicate the presence of 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 fall in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the coin and…
XRP/USD are trading at 0.3588 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 $18,469,680,614. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall in the XRP rate on the market already from current levels. At the moment, we should expect an attempt to develop a correction of the asset and a test…
LTC/USD are trading at 70.04 and continue to move within the correction and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $5,034,522,360. Moving averages indicate a short-term bearish trend for Litecoin. Prices have broken through the area between the signal lines up, 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 in the value of the digital asset and a test of the resistance level near the area…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.0616 and continues to move within the correction and the 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 European currency and a likely continuation of growth already from current levels. At the moment, we should expect an attempt to develop a correction and test the resistance area near the level of 1.0735. Where is the expected rebound down and the continuation of the fall of the Euro Dollar. The…
BRENT complete the trading week near the area of 84.29 dollars per barrel. The asset continues to move as part of the growth and the formation of the “Wedge” reversal pattern. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of raw materials and a potential continuation of the decline already from current levels. At the moment, we should expect an attempt to develop a correction and test the support area near the level of 74.05. Then, it is worth considering a rebound upwards and the continuation…