LTC/USD are trading at 65.49 and continue to move as part of the fall and the development of the Head and Shoulders reversal pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $4,721,672,786. Moving averages indicate the presence of a short-term sideways trend for Litecoin. 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 from current levels. At the moment, we should expect an attempt to develop a correction in the value of the digital…
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.
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth 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 1.0611. As part of the Forex forecast December 21, 2022, we should expect an attempt to develop a rise…
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 1.2177. 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 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 the publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.6725. 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 the correction and the downward channel. The potential for the formation of a double bottom reversal pattern remains. At the time of the publication of the forecast, the US Dollar to the Japanese Yen is 136.52. 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…
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 $80.40 per barrel. Moving averages indicate a short-term bearish trend in oil. Prices have broken through 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 76.95 dollars per barrel. Further,…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and the bullish channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.3657. 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 of the support level…
GOLD continue to move as part of the fall and the beginning of the development of the “Wedge” reversal pattern. At the time of the publication of the forecast, the price of Gold is 1794 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 rise and test the resistance level near the 1805 area. Where…
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 23.15. 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 22.10.…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the formation 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 Dollar is 0.6374.…