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 0.8880. Moving averages indicate the presence of a short-term sideways trend in the pair. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the asset value from current levels. At the moment, we should expect an attempt to develop a slight fall in the…

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 the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 75.73. Moving averages indicate a short-term bearish 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 28, 2021, we should…

BTC/USD are trading at 30668 and continue to move as part of the correction and the formation of a bullish “Wolfe Wave.” Cryptocurrency capitalization at the time of the publication of the forecast is $565,332,553,676. Moving averages indicate a short-term bearish trend for Bitcoin. Prices broke the area between the down lines, 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 28, 2021, we should expect an attempt to develop…

Ethereum are traded at the level of 1261.16 and continue to move within the correction and the ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $142,112,037,969. 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 1145.05 area. Where can we expect…

LTC/USD are traded at 124.37 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 $8,143,059,969. 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 0.2728 and continue to move as part of the correction and the formation of the “Wolfe Wave” model. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $11,403,096,459. 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 asset and a…

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 3802. At the moment, we should expect an attempt to develop a correction and test the support level near the 3725 area. Where can we expect a rebound and…

BCH/USD are traded at 391.67 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 $ 7,150,702,902. 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 28, 2021, we should expect an attempt to develop an asset…

Apple continue to move within the framework of strong growth and an upward channel. Moving averages indicate a short-term bullish trend for Apple. Prices moved up from the area between the signal lines, which indicates pressure from stock buyers. At the time of publication of the forecast, the share price is 143.27. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the 140.55 area. Further, a rebound and continued growth in the value of securities. A potential target of such a movement is the area above the…

Tesla stock continue to move within the framework of growth and an upward channel. Moving averages indicate a short-term bullish trend for Tesla. 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 883.36. As part of the forecast, we should expect an attempt to develop a correction and test the support level near the 805.55 area. Further, a rebound and continued growth in the value of securities. The potential target of such a movement is the area above the level…