SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00001234, they continue to move within the correction and the downward channel. Moving averages indicate the presence of a short-term bullish trend for the coin. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the coin and a potential continuation of growth 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 a test of the resistance…
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 Euro Dollar EUR/USD completes the trading week near the area of 0.9972 and continues to move as part of the development of the fall 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 1.0235. Where is the expected rebound and continued fall of the Euro Dollar. The…
BRENT complete the trading week near the area of 94.55 dollars per barrel. And it continues to move within the correction and the bullish channel. Moving averages indicate a bullish trend. 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 87.45. Then, it is worth considering a rebound upwards and the continuation of the growth of oil in…
Currency pair Pound Dollar GBP/USD ends the trading week with a strong fall near the 1.1550 area. The pair continues to move as part of the development of a strong fall and a 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 1.1985. Further, a…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 58.17 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 5 — 9, 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 0.6802. The pair continues to move within the framework of the fall and the descending channel. The potential for the formation of the “Triangle” model remains. 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 pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3145. 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 1.2825. 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 140.32. 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 136.45. Then, a rebound up and continued growth of the pair’s fall to the area…
GOLD ends the trading week with a strong fall near the 1704 area. XAU/USD quotes continue to move as part of the decline and the 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 fall in prices and a test of the support level near the area of 1675. 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 fall near the level of 0.6085. The potential remains to complete the formation of the “Triangle” pattern. 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…