XRP/USD are traded at 0.2789 and continue to move as part of the correction and the formation of the “Triangle” pattern. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $12,885,442,286. Moving averages indicate a short-term bearish trend for Ripple. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the XRP rate decline in the market already from current levels. At the moment, we should expect an attempt to develop a downward correction of the asset and a…
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.
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 3761. At the moment, we should expect an attempt to develop a correction and test the support level near the 3685 area. Where can we expect a rebound and…
BCH/USD are trading at the level of 479.88 and continue to move as part of the growth and formation of the “Triangle” pattern. The capitalization of the Bitcoin Cash cryptocurrency at the time of the publication of the forecast is $8,981,848,317. Moving averages indicate a short-term bearish trend for Bitcoin Cash. Prices are testing the area between the signal lines, 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 19, 2021, we should expect an attempt to develop an asset…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.2090. The pair continues to move within the framework of the growth and the rising channel. Moving averages indicate a bullish trend for the pair. Prices bounced back from the area between the signal lines, which indicates pressure from buyers of the European currency and the likely continuation of growth from the current levels. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 1.2255. Where is the rebound and the continuation of the fall of the…
BRENT finish the trading week near the area of $ 54.91 per barrel. And it continues to move within the framework of the growth and upward channel. Moving averages indicate a sideways trend. Prices broke the area between the signal lines upward, which indicates pressure from buyers of raw materials and a potential continuation of the rise. At the moment, we should expect an attempt to develop a fall and a test of the support area near the level of 43.65. Then, a rebound and continued growth of oil to the area above the level of $ 76.55 per barrel.…
Currency pair Pound Dollar GBP/USD completes the trading week near the 1.3589 area. The pair continues to move within the framework of the growth and the formation of the bearish Wolfe Wave pattern. Moving averages indicate a bullish trend. Prices moved up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the rise in the British Pound against the US Dollar at current levels. At this point, we should expect an attempt to grow and test the resistance area near the level of 1.3675. Further, the rebound and the beginning of the…
Currency pair US Dollar to Russian Ruble USD/RUB ends the trading week near the level of 73.72 Rubles per US Dollar. The pair continues to move as part of the correction and the formation of a large “Triangle” pattern. Moving averages indicate a bullish trend. Prices are again testing from the area between the signal lines, which indicates pressure from US dollar buyers. In the current trading week January 18 — 22, 2021 we should expect an attempt to develop growth and test the resistance area near the level of 75.45. Where can we expect a rebound and the beginning…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the 0.7697 area. The pair continues to move within the framework of the growth and the ascending channel. Moving averages indicate a bullish trend. Prices have moved up far from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continued growth in the value of the currency pair. At the moment, we should expect an attempt to continue the development of the rise and test the resistance area near the level of 0.7765. Then, the rebound and the continuation…
The pair Canadian Dollar to US Dollar USD/CAD ends the trading week near the level of 1.2749. The pair continues to move within the fall and the downtrend channel. Moving averages indicate a bearish trend. Prices moved down from the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall. At the moment, we should expect an attempt to develop a bullish correction and a test of the support level near the 1.2565 area. Then, a rebound down and the beginning of the rise in quotations with a…
Quotes of the pair USD/JPY US Dollar to Japanese Yen end the trading week near the 103.81 area. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. Prices moved down from the area between the signal lines, which indicates pressure from the US dollar sellers and a potential continuation of the fall. At the moment, we should expect an attempt to develop a fall and a test of the support level near the 102.95 area. Then, the rebound and the continuation of the rise of the pair to the area above…