SHIBA INU is trading at the time of publication of the forecast at the level of 0.00001085, continues to move within the fall and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the coin. Prices broke down between the signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall already from the 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…
Author: forex24pro
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 0.9976 and continues to move as part of the development of the correction and the downward channel. Moving averages indicate a bearish trend. Prices broke down the area between the signal lines, which indicates pressure from sellers of the European currency and a likely continuation of the fall from current levels. At the moment, we should expect an attempt to develop a slight correction and test the resistance area near the level of 1.0250. Where is the expected rebound and continued fall of the Euro Dollar. The…
BRENT complete the trading week near the area of 91.24 dollars per barrel. And it continues to move within the framework of a downward correction and a bullish channel. Moving averages indicate an uptrend. 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 fall 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 86.75. Then, it is worth considering a rebound upwards and the continuation of the growth…
Currency pair Pound Dollar GBP/USD ends the trading week with a fall near the area of 1.1390. The pair continues to move as part of the development of the fall and the downward channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers and a potential continuation of the fall of the British Pound against the US Dollar at current levels. At this point, we should expect an attempt to develop a bullish correction and test the resistance area near the level of 1.1805. Further, a rebound…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 57.92 Rubles per US Dollar. The pair continues to move as part of the correction and the formation of the “Triangle” pattern. Moving averages indicate a bearish trend. Prices have broken down the area between the signal lines, which indicates pressure from sellers of the US dollar and a likely continuation of the fall of the pair already from these levels. In the current trading week September 19 — 23, 2022, we should expect an attempt to develop a decline and test the support…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6680. The pair continues to move within the framework of the fall and the descending channel. Moving averages indicate a bearish trend. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall in the value of the currency pair. At the moment, we should expect an attempt to develop a bullish correction and test the resistance area near the level of 0.6875. Then, a rebound and continued fall…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3274. The pair continues to move within the framework of strong growth and a bullish channel. Moving averages indicate a bullish trend. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of growth in the near future. At the moment, we should expect an attempt to develop a slight correction and a test of the support level near the area of 1.3045. Then, a rebound upwards and the continuation…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 143.14. The pair continues to move within the development of growth and a bullish channel. Moving averages indicate a bullish trend. Prices have gone up from the area between the signal lines, which indicates pressure from US dollar buyers and a potential continuation of the rise. At the moment, we should expect an attempt to develop a correction and test the support level near the area of 138.55. Then, a rebound up and continued growth of the fall of the pair to…
GOLD completes the trading week with a correction near the 1661 area. XAU/USD quotes continue to move as part of a strong fall and a downward channel. Moving averages indicate the presence of a bearish trend for Gold. Prices have broken through the area between the signal lines down, which indicates pressure from sellers and a potential continuation of the price fall. At the moment, we should expect an attempt to develop a decrease in prices and a test of the support level near the area of 1640. Further, the continuation of the growth in the price of Gold with…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week as part of a strong fall near the level of 0.5956. Moving averages indicate the presence of a bearish trend for the pair. Prices have gone down from the area between the signal ones, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall from the current levels on the market. At the moment, we should expect an attempt to develop a bullish correction of the currency pair on Forex and test the resistance area near the level of…