Ethereum are trading at 1247 and continue to move as part of the correction and the formation of the “Triangle” pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $153,032,137,228. 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…
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.
XRP/USD are trading at 0.3832 and continue to move as part of the correction and the formation of the “Wedge” reversal pattern. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $19,486,764,036. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices are again testing the area between the signal lines, 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…
LTC/USD are trading at 78.53 and continue to move within the growth and bullish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $5,648,455,851. Moving averages indicate the presence of a short-term bullish 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 support level near…
Currency pair Euro/Dollar EUR/USD continues to move as part of growth and a bullish channel. 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 1.0557. As part of the Forex forecast for December 6, 2022, we should expect an attempt to develop a price correction and a test…
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 1.2267. 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 expect an attempt to develop a correction in the price of the British Pound against…
Currency pair Australian Dollar to US Dollar AUD/USD ontinues 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 0.6798. At the moment, we should expect an attempt to develop a correction in the pair and a test of the support area near…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall and the downward channel. At the time of the publication of the forecast, the US Dollar to the Japanese Yen is 135.34. 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 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 6, 2022,…
Brent continue to move as part of growth and the formation of a reversal pattern “Head and Shoulders”. At the time of the publication of the forecast, the price of Brent crude oil is $87.45 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 fall and test the support level near…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the correction and the downward channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.3423. Moving averages indicate the presence of a short-term bearish 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 rise in prices and a test of the resistance level near…
GOLD continue to move as part of the growth and the bullish channel. At the time of publication of the forecast, the price of GOLD is 1795 USD per Troy Ounce. 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 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 1765. Where should we expect a rebound upwards and…