LTC/USD are traded at 54.65 and continue to move as part of the fall and the beginning of the development of the “Wedge” reversal pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $4,048,290,871. Moving averages indicate the presence of a short-term bullish 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 rise 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.
DOGE/USD are trading at 0.0666 and continue to move as part of the fall and left the bullish channel. Moving averages indicate a short-term bullish trend for Dogecoin. 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 decline 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 resistance level near the 0.0755 area. Where can we expect a rebound down again and a continuation of…
SHIBA INU is trading at the time of publication of the forecast at the level of 0.00001300, they continue to move within the framework of the fall and the bullish channel. Moving averages indicate the presence of a short-term bullish trend for the coin. Prices have broken through the area between the signal lines down, 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 an increase in the value of a digital asset and…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.0051 and continues to move as part of the development of a strong fall and a 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 1.0195. Where is the expected rebound and continued fall of the Euro Dollar.…
BRENT complete the trading week near the area of 94.29 dollars per barrel. And it continues to move within the framework of a downward correction and a bullish channel. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of raw materials 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 area near the level of 88.55. Then, it is worth considering a rebound upwards and continued growth of oil in the…
Currency pair Pound Dollar GBP/USD ends the trading week with a strong fall near the area of 1.1833. The pair continues to move as part of the development of the correction 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 1.2125. Further, a…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 55.65 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 August 22 — 26, 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 0.6881. 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 0.7145. Then, a rebound and continued fall…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.2993. The pair continues to move within the growth and 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 correction and test the support level near the area of 1.2775. Then, a rebound upwards and the continuation of the rise in quotes with a…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 136.97. The pair continues to move within the development of growth and a bullish channel. The potential for the formation of the “Triangle” model remains. 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 131.55. Then, a rebound up…