DOGE/USD are trading at 0.0679 and continue to move as part of the fall and left the bullish channel. Moving averages indicate a short-term bearish 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 0.0685 area. Where can we expect a rebound down again and a continuation of…
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.
SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00001307, they continue to move within the framework of the fall and the downward channel. 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 an increase in the value of a digital asset and…
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the European currency and a potential continuation of the fall in asset quotes already from current levels. At the time of the publication of the forecast, the EUR/USD exchange rate is 1.0000. As part of the Forex forecast for August 23, 2022, we should expect an attempt to develop a rise in prices and…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the downward channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.1793. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the currency pair and a potential continuation of the fall of the instrument. At the moment, we should expect an attempt to develop a bullish price correction of the British Pound against the US Dollar and…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and has left the limits of the bullish correction channel. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the currency pair and a potential continuation of the fall 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 0.6903. At the moment, we should expect an attempt…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of growth and have left the limits of the downward correction channel. At the time of the publication of the forecast, the US Dollar to the Japanese Yen is 136.95. 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 US Dollar and a potential continuation of price growth already from current levels. As part of the forecast for the Japanese Yen on…
Brent continue to move as part of the fall and the completion of the reversal pattern ”Wedge”. At the time of the publication of the forecast, the price of Brent oil is $96.63 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 decline and test the support level near the area…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and the bullish channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.2988. 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, we should expect an attempt to develop a bearish price correction and a test of the support level…
GOLD continue to move as part of the fall and the downward channel. At the time of the publication of the forecast, the price of Gold is 1733 USD per Troy Ounce. Moving averages indicate the presence of a short-term bearish trend. 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 already from current levels. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance level near the 1750 area. Where should we expect…
Silver continue to move as part of the fall and the downward channel. At the time of the publication of the forecast, the price of Silver is 18.85. Moving averages indicate a bearish trend. Prices have broken through the areas between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall in value already from current levels. At the moment, we should expect an attempt to develop an increase in the value of the metal and a test of the resistance level near the area of 19.15. Where should we expect…