Author: forex24pro

SHIBA INU is trading at the time of the publication of the forecast at 0.00001589, continuing to move within the framework of strong growth and a 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 up, 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 a downward correction in the value of a digital asset and a test of the…

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 1.0202. As part of the Forex forecast for August 16, 2022, we should expect an attempt to develop a rise in prices and…

Currency pair Pound/Dollar GBP/USD continues to move within the correction and the downward channel. The potential for the formation of a double top reversal pattern remains. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.2092. 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…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the downward channel. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continued growth 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 0.7014. At the moment, we should expect an attempt to develop the growth of the pair and…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall and the formation of the bullish “Wolfe Wave” model. At the time of publication of the forecast, the US Dollar to the Japanese Yen is 132.70. 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 US Dollar and a potential continuation of the fall in prices already from current levels. As part of the forecast for the Japanese Yen…

Brent continue to move as part of the fall and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $93.06 per barrel. Moving averages indicate a short-term bearish trend in oil. Prices have broken through the area between the signal lines down, 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 growth and test the resistance level near the area of ​​96.75 dollars…

Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and the beginning of the development of the bullish “Wolfe Wave” model. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.2929. 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…

GOLD continue to move within the correction and the downward channel. At the time of the publication of the forecast, the price of GOLD is 1780 USD per Troy Ounce. Moving averages indicate the presence of a short-term bearish trend. Prices are again testing the area between the signal lines, 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 and test the resistance level near the 1795 area. Where should we expect a rebound down and a continuation…

Silver continue to move as part of the fall and have left the limits of the bullish channel. At the time of the publication of the forecast, the price of Silver is 20.15. Moving averages indicate a bullish 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 20.35 area.…

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the development of the correction and the downward channel. Prices bounced off the upper border of the channel. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continued growth in the value of the instrument already from current levels. At the time of publication of the Forex forecast, the rate of the New Zealand Dollar…