Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of a large “Triangle” pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 75.08. Moving averages indicate a short-term bearish trend. Prices have broken the area between the signal lines upwards again, which indicates pressure from buyers of the American currency and a potential continuation of the growth of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for January 27, 2021, we should…
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.
BTC/USD are trading at the level of 31416 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 $593,104,817,905. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have broken through the area between the lines down, which indicates pressure from the sellers of Digital Gold and a potential continuation of the fall in the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, January 27, 2021, we should expect an attempt to develop a correction…
Ethereum are traded at the level of 1278.48 and continue to move within the growth and ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $147,980,576,242. Moving averages indicate a short-term bullish trend for Ethereum. Prices went up from the area between the signal lines, 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 1205.55. Where can we expect…
LTC/USD are traded at 145.42 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 $8,854,844,328. Moving averages indicate a short-term bearish trend for Litecoin. However, prices broke through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continuation of growth 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 test…
XRP/USD are trading at 0.2728 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 $12,006,941,853. 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 in growth and an upward channel. Moving averages indicate a short-term bullish trend. Prices went up from 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 already from the current levels. At the time of the publication of the forecast, the index is trading at 3855. At the moment, we should expect an attempt to develop a correction and test the support level near the 3815 area. Where can we expect a rebound and…
BCH/USD are trading at 425.90 and continue to move as part of the correction and the downward channel. The capitalization of the Bitcoin Cash cryptocurrency at the time of the publication of the forecast is $7,948,339,371. Moving averages indicate a short-term bearish 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 27, 2021, we should expect an attempt to develop an asset price correction and test the…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the upward channel. Moving averages indicate a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the European currency and a potential continuation of the rise in quotations already from current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.2149. As part of the Forex forecast for January 26, 2021, we should expect an attempt to develop growth and test the resistance level, which is located on…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the beginning of the development of the bearish Wolfe Wave pattern. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3681. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the rise in the instrument. At the moment, we should expect an attempt to grow the British Pound against the US Dollar and test…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the formation of the “Triangle” model. 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 currency pair and a potential continuation of the growth in the value of the instrument from the current levels. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7750. At the moment, we should expect an attempt to develop a correction and…