BTC/USD are traded at 38704 and continue to move within the correction and the upward channel. Here, the “Triangle” model is formed. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $711,018,306,379. Moving averages indicate a short-term bullish trend for Bitcoin. Prices went up from the area between the lines, which indicates pressure from the buyers of Digital Gold and a potential continuation of the rise in the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, January 15, 2021, we should expect an attempt to develop a correction in…
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.
Ethereum are traded at 1165.89 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 $132,845,241,312. Moving averages indicate a short-term bearish trend for Ethereum. Prices are testing the area between the signal lines again, which indicates pressure from sellers and a potential fall in the 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 1080.55. Where can we expect…
LTC/USD are traded at 150.04 and continue to move within the growth and ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 9,729,046,022. Moving averages indicate a short-term bearish trend for Litecoin. 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 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 test of the support level near the…
XRP/USD are trading at 0.29351 and continue to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $13,382,193,876. Moving averages indicate a short-term bullish trend for Ripple. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the XRP rate growth 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 test…
Stock index S&P 500 continue to move within the framework of the growth 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 3808. At the moment, we should expect an attempt to develop a correction and test the support level near the 3765 area. Where can we…
BCH/USD are trading at 504.63 and continue to move as part of the growth and the ascending channel. The capitalization of the Bitcoin Cash cryptocurrency at the time of the publication of the forecast is $9,368,882,346. Moving averages indicate a short-term bullish trend for Bitcoin Cash. Prices went up from the area between the signal lines, 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 15, 2021, we should expect an attempt to develop an asset price correction and test the support…
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall. Moving averages indicate a short-term bearish trend for the pair. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the European currency and a potential continuation of the decline from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.2173. As part of the Forex forecast for January 14, 2021, we should expect an attempt to develop growth and test the resistance level near the 1.2205 area. Further, the rebound and the…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and the rising channel. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3666. Moving averages indicate a short-term bullish trend. However, prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the currency pair and a potential continuation of the instrument’s decline. At the moment, we should expect an attempt to grow the British Pound against the US Dollar and test the resistance area near the level of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of a correction and an upward channel. The “Head and Shoulders” reversal pattern is also forming here. 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 0.7742. At the moment, we should expect…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 103.93. 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 the sellers of the US Dollar and a potential continuation of the fall in prices already from the current levels. As part of the forecast for the Japanese Yen exchange rate for…