Author: forex24pro

GOLD continue to move as part of the growth and the bullish channel. At the time of the publication of the forecast, the price of Gold is 1820 USD per Troy Ounce. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines up, 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 decline and test the support level near the area of ​​1805. Where should we expect a rebound upwards…

Silver continue to move as part of the growth and the beginning of the development of the “Double Bottom” reversal pattern. At the time of the publication of the forecast, the price of Silver is 22.98. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the growth in value already from current levels. At the moment, we should expect an attempt to develop a decrease in the value of the metal and a test of the support level near the…

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue 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 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 exchange rate of the New Zealand Dollar to the US Dollar is 0.6798. At the moment, we should…

Currency pair Dollar Franc USD/CHF continues to move as part of a sideways correction. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9142. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from sellers 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 continue the development of the depreciation of the…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and the formation of the downward model ”Wolfe Wave”. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 75.56. Moving averages indicate the presence of a short-term bullish trend. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of the US currency and a potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the USD exchange rate forecast for January…

BTC/USD are trading at 42609 and continue to move within the correction and the downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $809,071,462,741. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have gone down from the area between the signal lines, which indicates pressure from the sellers of “Digital Gold” and a potential continuation of the fall in the value of the asset already from current levels. As part of the cryptocurrency rate forecast for tomorrow, January 18, 2022, we should expect an attempt to develop a correction…

Ethereum are trading at 3262 and continue to move as part of the fall and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $389,141,305,970. Moving averages indicate a short-term bearish trend for Ethereum. Prices have gone down from the area between the signal lines, which indicates pressure from sellers 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 bullish correction in the value of the coin and a test of…

XRP/USD are trading at 0.7574 and continue to move within the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $36,441,110,986. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall in the XRP rate on the market already from current levels. At the moment, we should expect an attempt to develop the growth of the asset and test the resistance…

Stock index S&P 500 continue to move within the correction and the bullish 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 asset and a potential continuation of the fall of the stock index on the market already from current levels. At the time of the publication of the forecast, the index is trading at 4657. At the moment, we should expect an attempt to develop growth and test the resistance level near the 4745 area. Where should we expect…

LTC/USD are trading at 151.62 and continue to move as part of a bullish correction and a downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $10,627,791,616. Moving averages indicate a short-term bearish trend for Litecoin. Prices are again testing the area between the signal lines, 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 bullish correction in the value of the digital asset and a test of the resistance level…