Author: forex24pro

Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the formation of the “Head and Shoulders” model. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.8866. Moving averages indicate a short-term bearish trend for 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 already from current levels. At the moment, we should expect an attempt to develop a slight fall in the US…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall and the formation 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 73.70. Moving averages indicate a short-term bearish trend. Dream prices are testing the area between the signal lines, which indicates pressure from the sellers of the US currency and a potential continuation of the rise in the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for January 22, 2021, we should expect…

BTC/USD are traded at 32034 and continue to move as part of the correction and the formation of the “Triangle” pattern. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 586,241,991,208. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are testing the area between the lines again, which indicates pressure from buyers of Digital Gold and a potential continuation of the asset’s value growth from the current levels. As part of the cryptocurrency rate forecast for tomorrow, January 22, 2021, we should expect an attempt to develop a correction in…

Ethereum are traded at 1219.01 and continue to move within the correction and the upward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $135,735,436,967. Moving averages indicate a short-term bullish trend for Ethereum. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential rise in the asset’s 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 1065.05 area. Where can we expect a rebound and…

LTC/USD are traded at 133.57 and continue to move as part of the correction and the ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $8,755,527,753. Moving averages indicate a short-term bearish trend for Litecoin. Prices are testing the area between the signal lines again, 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 of the support level near the…

XRP/USD are traded at 0.2737 and continue to move as part of the correction and the formation of the “Triangle” pattern. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $12,465,484,236. Moving averages indicate a short-term bullish 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 test…

Stock index S&P 500 continue to move in the rise and the ascending 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 3843. At the moment, we should expect an attempt to develop a correction and test the support level near the 3775 area. Where can we expect a rebound…

BCH/USD are trading at 445.65 and continue to move as part of the correction and the formation of the “Triangle” pattern. The capitalization of the Bitcoin Cash cryptocurrency at the time of the publication of the forecast is $8,152,517,927. Moving averages indicate a short-term bullish trend for Bitcoin Cash. Prices are testing the area between the signal lines again, which indicates pressure from buyers of the asset and a potential continuation of growth from the current levels. As part of the cryptocurrency rate forecast for January 22, 2021, we should expect an attempt to develop an asset price correction and…

Currency pair Euro/Dollar EUR/USD continues to move within the fall and the rising channel. Moving averages indicate a short-term bullish trend for the pair. However, prices broke through the area between the signal lines downward, which indicates pressure from buyers of the European currency and a potential continuation of growth from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.2079. As part of the Forex forecast for January 21, 2021, we should expect an attempt to develop growth and test the resistance level, which is located on the pair near the…

Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the formation 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 1.3634. 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 the resistance area…