Author: forex24pro

Currency pair Dollar Franc USD/CHF continues to move as part of the growth and the downward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.8875. 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 from current levels. At the moment, we should expect an attempt to develop a slight decline in the US Dollar against the Swiss Franc and…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction 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 74.19. Moving averages indicate a short-term bearish trend. Prices have broken the area between the signal lines upwards, which indicates pressure from buyers 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 12, 2021, we should expect an…

BTC/USD are trading at 33783 and continue to move within a strong downward correction and an upward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 613,250,417,230. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are again testing the area between the lines, which indicates pressure from buyers of Digital Gold and a potential continuation of the growth of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, January 12, 2021, we should expect an attempt to develop a slight correction in…

Ethereum are traded at 1070.23 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 $ 116,882,219,825. 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 continuation of the rise in the asset value from 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 ​​925.05. Where can we…

LTC/USD are traded at 141.21 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 $ 9,119,254,545. Moving averages indicate a short-term bullish 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…

XRP/USD are trading at 0.2694 and continue to move as part of the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $ 12,292,034,837. Moving averages indicate a short-term downtrend in 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 test of the…

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 from the current levels. At the time of the publication of the forecast, the index is trading at 3793. At the moment, we should expect an attempt to develop a correction and test the support level near the 3735 area. Where can we expect…

BCH/USD are trading at 484.86 and continue to move as part of a strong correction and an upward channel. The capitalization of the Bitcoin Cash cryptocurrency at the time of the publication of the forecast is $ 8,774,350,632. 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 12, 2021, we should expect an attempt to develop an asset price correction and test…

Currency pair Euro Dollar EUR/USD completes the trading week near the area of ​​1.2248. The pair continues to move within the framework of the growth and the ascending 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 1.2335. Where is the rebound and the continuation of the fall of the…

BRENT finish the trading week near the area of ​​$ 55.17 per barrel. And it continues to move within the framework of the growth and the ascending channel. Moving averages indicate a sideways trend. Prices have broken 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 44.35. Then, a rebound and continued growth of oil to the area above the level of $ 73.25…