Author: forex24pro

Currency pair Dollar Franc USD/CHF continues to move within the correction and the downward channel. The potential for the formation of a reversal pattern “Head and Shoulders” remains. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9521. Moving averages indicate the presence of a short-term bullish trend for the pair. 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,…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall and the formation of the “Triangle” model. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 58.55. 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 dollar exchange rate forecast for September 13, 2022, we…

BTC/USD are trading at 22346 and continue to move as part of the development of strong growth and a downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $427,167,651,235. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of Digital Gold and a potential continuation of the growth in the value of the asset already from current levels. As part of the forecast for the cryptocurrency rate for tomorrow, September 14, 2022, we should expect…

Ethereum are trading at 1727 and continue to move as part of a bullish correction and a downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $210,829,936,517. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and a potential continued growth in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a correction in the value of the coin and a test…

XRP/USD are trading at 0.3501 and continue to move as part of a bullish correction and a downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $17,648,716,153. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the asset and a potential continuation of the growth of the XRP rate on the market already from current levels. At the moment, we should expect an attempt to develop the growth of the asset…

LTC/USD are trading at 61.39 and continue to move as part of the correction and the formation of the “Wedge” reversal pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $4,349,023,697. 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 bullish correction in the value of the digital asset…

Quotes of Natural Gas continue to move as part of the growth and the formation of the reversal pattern ”Head and Shoulders”. At the time of publication of the forecast, the price of Natural Gas is $8.30. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines down, which will indicate pressure from sellers and a continuation of the fall from current levels. At the moment, we should expect an attempt to develop growth and test the resistance level near the 9.30 area. Further, the continuation of the fall of the gas rate to…

DOGE/USD are trading at 0.0637 and continue to move within the correction and the downward channel. Moving averages indicate a short-term bearish trend for Dogecoin. 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 bullish correction in the value of the digital asset and a test of the resistance level near the 0.0695 area. Where can we expect a rebound down again and a continued fall in the Dogecoin…

SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00001284, they continue to move as part of the correction and the formation of the “Wedge” model. Moving averages indicate the presence of a short-term bearish trend for the coin. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall 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…

Currency pair Euro Dollar EUR/USD completes the trading week near the area of ​​1.0080 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 a test of the resistance area near the level of 1.0245. Where is the expected rebound and continued fall of the Euro…