LTC/USD are trading at the level of 153.30 and continue to move as part of the rise and the ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 10,218,003,080. Moving averages indicate a short-term bullish trend for Litecoin. Prices moved 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. At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the…
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.
XRP/USD are trading at 0.2321 and continue to move within the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $ 10,331,313,292. Moving averages indicate a short-term downtrend in Ripple. Prices are again pushing the area between the signal lines, which indicates pressure from the sellers of the asset and the 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 bullish correction of the asset and a test of the resistance level…
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 3684. At the moment, we should expect an attempt to develop a correction and test the support level near the 3625 area. Where can we…
BCH/USD are trading at 409.23 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 $ 7,623,281,321. 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 6, 2021, we should expect an attempt to develop a correction in the value of the…
Stock index Dow Jones continue to move within the growth and upward channel. At the time of the forecast publication, the index is trading at the level of 30031. Moving averages indicate a bullish trend in the index. At the moment, we should expect an attempt to develop a correction in quotations and a test of the support level near the area of 29655. Further, a rebound and continued growth of quotations of the Dow Jones stock index to the area above the level of 31875 is expected. Dow Jones Index Forecast and Analysis January 6, 2021 On January 6,…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the ascending channel. Moving averages indicate a short-term bullish trend for the pair. Prices pushed up 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 1.2273. As part of the Forex forecast for January 5, 2021, we should expect an attempt to develop growth and test the resistance level near the 1.2305 area. Further,…
Currency pair Pound/Dollar GBP/USD continues to move within the fall 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 1.3575. 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 rise in the instrument. At the moment, we should expect an attempt to continue to rise in the British Pound against the US Dollar and test the resistance area near the level…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the rising 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 currency pair and a potential continuation of the growth in the value of the instrument already from the current levels. At the time of publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7683. At the moment, we should expect an attempt to develop a bullish correction and test the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the fall and the downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 103.17. 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 US Dollar and a potential continuation of the fall in prices from the current levels. As part of the forecast for the Japanese Yen rate for January 5, 2021, we…
Brent continue to move within the growth and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 51.85 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are bouncing off the area between the signal lines, which indicates pressure from buyers of “Black Gold” and a potential continuation of the rise in the value of the asset from the current levels. At the moment, we should expect an attempt to develop a bearish correction and a test of the support level near the area of $ 51.25…