Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the formation of the “Wedge” reversal pattern. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9325. 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 develop…
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 US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and left the limits of the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 61.04. 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 13,…
BTC/USD are trading at 16964 and continue to move as part of the development of the correction and the formation of the “Triangle” model. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $327,021,421,778. 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 decline in the value of the asset already from current levels. As part of the cryptocurrency rate forecast for tomorrow, December 14, 2022, we…
Ethereum are trading at 1246 and continue to move as part of the fall and the formation of the “Triangle” pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $153,194,406,402. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices have broken through the area between the signal lines down, 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…
XRP/USD are trading at 0.3692 and continue to move as part of the fall and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $18,966,078,291. 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…
LTC/USD are trading at 74.57 and continue to move as part of the fall and left the bullish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $5,378,682,624. Moving averages indicate the presence of a short-term bullish trend for Litecoin. Prices are again testing 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 in the value of the digital asset and a test of the…
DOGE/USD are trading at the level of 0.0887 and continue to move as part of a bullish correction and a downward channel. Moving averages indicate a short-term bearish trend for Dogecoin. Prices have broken through the area between the moving averages 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 asset and a test of the resistance level near the 0.0935 area. Where should we expect a rebound down again and a…
SHIBA INU is trading at the time of the publication of the forecast at 0.00000887, continuing to move within the correction after a strong fall. Moving averages indicate the presence of a short-term bearish trend for the coin. Prices have gone down from the area with signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall already from current levels. As part of the SHIB/USD rate forecast, it is worth considering an attempt to develop a bullish correction in the value of a digital asset and a test of the resistance area…
Quotes of United States Steel continue to move within the correction and the bullish channel. The moving averages point to a short-term uptrend for United States Steel. Prices broke down the area between the signal lines, which indicates pressure from sellers of securities and a continuation of the fall from current levels. At the time of publication of the forecast, the value of the shares is 25.82. As part of the forecast, we should expect an attempt to develop a decline and test the support level near the 24.05 area. Further, a rebound and continued rise in the value of…
Tesla continue to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend for Tesla. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of securities. At the time of publication of the forecast, the value of the shares is 167.70. As part of the forecast, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area of 185.05. Further, a rebound down and continued decline in the value of the company’s securities. The potential target of…