Author: forex24pro

Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the formation of the “Triangle” model. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.8894. Moving averages indicate a short-term bullish trend for the pair. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the asset’s price growth from the current levels. At the moment, we should expect an attempt to develop a slight fall in the US Dollar rate against…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and the beginning of the development of the “Triangle” model. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 76.08. Moving averages indicate a short-term bullish trend. However, prices have broken the area between the signal lines upward, which indicates pressure from buyers of the US currency and a potential continued growth of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for January 29, 2021, we should expect…

BTC/USD are trading at 31471 and continue to move as part of the correction and the formation of a bullish “Wolfe Wave”, which indicates pressure from the sellers of “Digital Gold” and the potential continuation of the fall in the value of the asset already from the current levels. As part of the forecast of the cryptocurrency rate for tomorrow, January 29, 2021, we should expect an attempt to develop a correction in the value of a digital asset and test the support level near the 27755 area. again, we should expect a rebound and an attempt to increase the…

Ethereum are traded at the level of 1295.58 and continue to move as part of the growth and the ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $150,274,489,112. Moving averages indicate a short-term bullish trend for Ethereum. Prices are testing the areas between the signal lines again, which indicates pressure from buyers and a potential rise in the asset value from the current levels. At the moment, we should expect an attempt to correct the value of the coin and test the support level near the area of ​​1140.55. Where…

LTC/USD are traded at 130.35 and continue to move as part of the correction and the formation of an upward “Wolfe Wave” pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $8,626,684,949. Moving averages indicate a short-term bearish trend for Litecoin. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a…

XRP/USD are trading at 0.2535 and continue to move as part of the correction and the formation of the “Wolfe Wave” model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $11,902,821,643. Moving averages indicate a short-term bearish trend for Ripple. However, prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the XRP rate decline in the market already from the current levels. At the moment, we should expect an attempt to develop a downward correction of the…

Stock index S&P 500 continue to move within the correction and the upward channel. Moving averages indicate a short-term bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the growth of the stock index in the market from the current levels. At the time of the publication of the forecast, the index is trading at 3731. At the moment, we should expect an attempt to develop a correction and test the support level near the 3675 area. Where can we expect a rebound and…

BCH/USD are trading at 391.37 and continue to move as part of the correction and the formation of the “Wedge” reversal pattern. The capitalization of the Bitcoin Cash cryptocurrency at the time of the publication of the forecast is $7,377,756,758. Moving averages indicate a short-term bullish trend for Bitcoin Cash. Prices broke the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. As part of the cryptocurrency rate forecast for January 29, 2021, we should expect an attempt to develop an asset price…

Ebay continue to move within the framework of growth and are testing the resistance level. Moving averages indicate a short-term bullish trend for Ebay. Prices moved up from the area between the signal lines, which indicates pressure from buyers of securities. At the time of publication of the forecast, the share price is 58.29. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the 50.55 area. Further, a rebound and continued growth in the value of securities. A potential target of such a movement is the area…

Amazon continue to move as part of the correction and the formation of the “Triangle” pattern. Moving averages indicate a short-term bullish trend for Amazon. Prices are testing the area between the signal lines, which indicates pressure from stock buyers. At the time of publication of the forecast, the share price is 3231.90. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the area of ​​3135.00. Further, a rebound and continued growth in the value of securities. A potential target of such a movement is the area…