Litecoin LTC/USD ends the trading week at 46.63 and continues to move as part of the fall and the downward channel. Moving averages indicate a bearish trend. Prices went down from the area between the signal lines. This indicates pressure from sellers of the digital asset and a potential continuation of the fall in the Litecoin rate in the current trading week. At the moment, we should expect an attempt to develop a rise in prices and a test of the resistance area near the level of 65.05. Where can we expect a rebound down again and an attempt to…
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.
Bitcoin Cash ends the trading week at 113.21, continues to move as part of the fall and the downward channel. Moving averages indicate a bearish trend. Prices have gone down from the area between the signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the BCH/USD rate forecast for the next trading week, we should expect an attempt to continue the growth in the value of the digital asset and test the resistance area near the level of 210.05. From where a rebound down is expected again and…
Silver complete the trading week near the area of 21.83. Quotes continue to move within the correction and the downward channel. Moving averages indicate the presence of a bearish trend for the pair. Prices have broken through the areas between the signal lines down, which indicates pressure from sellers of the metal and a potential continuation of the fall already from current levels. At the moment, we should expect an attempt to develop a fall in the value of the asset and a test of the support level near the 20.30 area. Further, the continuation of the rise in the…
SHIBA INU completes the trading week at 0.00000820 and continues to move within the fall and the downward channel. Moving averages indicate a bearish trend. Prices have gone down from the area between the signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the SHIB/USD rate forecast for the next trading week, we should expect an attempt to develop a rise in the value of the digital asset and a test of the resistance area near the level of 0.00001125. From where a rebound down is expected again…
Dogecoin ends the trading week at 0.0571 and continues to move as part of the fall 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 the sellers of the coin and a potential continuation of the fall. As part of the DOGE/USD rate forecast for the next trading week, we should expect an attempt to develop a slight increase in the value of the digital asset and test the resistance area near the level of 0.0805. From where a rebound down is expected again…
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the bearish 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 1.0412. As part of the Forex forecast for June 16, 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 a strong fall and a downward channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.2014. 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 rise in the price of the British Pound against the US…
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 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 0.6890. At the moment, we should expect an attempt to develop the growth of the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of the “Triangle” model. At the time of the publication of the forecast, the US dollar against the Japanese Yen is 134.58. 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 June 16,…
Brent continue to move as part of growth and a bullish channel. At the time of publication of the forecast, the price of Brent oil is $125.01 per barrel. Moving averages indicate the presence of a short-term bullish trend in oil. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of Black Gold 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 fall and test the support level near the area of 119.65 dollars per barrel.…