Author: forex24pro

XRP/USD are trading at 0.2535 and continue to move as part of the correction and the formation of the “Wolfe Wave” model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $11,902,821,643. Moving averages indicate a short-term bearish 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…

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 3731. At the moment, we should expect an attempt to develop a correction and test the support level near the 3675 area. Where can we expect a rebound and…

BCH/USD are trading at 391.37 and continue to move as part of the correction and the formation of the “Wedge” reversal pattern. The capitalization of the Bitcoin Cash cryptocurrency at the time of the publication of the forecast is $7,377,756,758. Moving averages indicate a short-term bullish trend for Bitcoin Cash. Prices broke the area between the signal lines downward, 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 29, 2021, we should expect an attempt to develop an asset price…

Ebay continue to move within the framework of growth and are testing the resistance level. Moving averages indicate a short-term bullish trend for Ebay. Prices moved up from the area between the signal lines, which indicates pressure from buyers of securities. At the time of publication of the forecast, the share price is 58.29. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the 50.55 area. Further, a rebound and continued growth in the value of securities. A potential target of such a movement is the area…

Amazon continue to move as part of the correction and the formation of the “Triangle” pattern. Moving averages indicate a short-term bullish trend for Amazon. Prices are testing the area between the signal lines, which indicates pressure from stock buyers. At the time of publication of the forecast, the share price is 3231.90. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the area of ​​3135.00. Further, a rebound and continued growth in the value of securities. A potential target of such a movement is the area…

Google continue to move within the framework of growth and an upward channel, prices are repelled from the maximum. Moving averages indicate a short-term bullish trend for Google. Prices moved up from the area between the signal lines, which indicates pressure from stock buyers. At the time of publication of the forecast, the share price is 1831.13. As part of the forecast for the value of securities, we should expect an attempt to develop a correction and test the support level near the area of ​​1685.00. Further, the rebound and continued growth of securities. A potential target of such a…

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. Prices are testing the area between the signal lines again, which indicates pressure from the sellers of the European currency and a potential continuation of the fall in quotations from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.2114. As part of the Forex forecast for January 28, 2021, we should expect an attempt to develop growth and test the resistance level, which is located on the…

Currency pair Pound/Dollar GBP/USD continues to move as part of a strong fall and the formation of the “Wedge” reversal pattern. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3696. 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…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the formation of the “Triangle” pattern. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines down again, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall 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 0.7683. At the moment, we should expect an attempt to develop a…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of an inverted “Head and Shoulders” reversal pattern. At the time of the publication of the forecast, the US Dollar against the Japanese Yen is at 103.90. Moving averages indicate a short-term bullish trend for the pair. testing the area between the signal lines, which indicates pressure from buyers of the US Dollar and a potential continuation of price growth from current levels.As part of the forecast for the Japanese Yen on January 28, 2021, we should expect…