Author: forex24pro

XRP/USD are trading at 0.2728 and continue to move as part of the correction and the formation of the “Wolfe Wave” model. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $11,403,096,459. 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 asset and a…

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 3802. At the moment, we should expect an attempt to develop a correction and test the support level near the 3725 area. Where can we expect a rebound and…

BCH/USD are traded at 391.67 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 $ 7,150,702,902. 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 28, 2021, we should expect an attempt to develop an asset…

Apple continue to move within the framework of strong growth and an upward channel. Moving averages indicate a short-term bullish trend for Apple. 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 143.27. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the 140.55 area. Further, a rebound and continued growth in the value of securities. A potential target of such a movement is the area above the…

Tesla stock continue to move within the framework of growth and an upward channel. Moving averages indicate a short-term bullish trend for Tesla. 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 883.36. As part of the forecast, we should expect an attempt to develop a correction and test the support level near the 805.55 area. Further, a rebound and continued growth in the value of securities. The potential target of such a movement is the area above the level…

Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the downward channel. Moving averages indicate a short-term bearish 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 1.2143. As part of the Forex forecast for January 27, 2021, we should expect an attempt to develop growth and test the resistance level, which is located…

Currency pair Pound/Dollar GBP/USD continues to move as part of strong growth 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 1.3713. 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 near…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of strong growth and the formation of the “Triangle” pattern. Moving averages indicate a short-term bearish trend. Prices have broken through the area between the signal lines upwards again, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument’s value from the current levels. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7732. At the moment, we should expect an attempt to develop a correction and…

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 103.72. 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 27, 2021, we should expect…

Brent continue to move as part of the growth and formation of the “Triangle” model. At the time of the publication of the forecast, the price of Brent crude oil is $ 56.01 per barrel. Moving averages indicate a short-term sideways trend for oil. Prices have broken the area between the signal lines up, which indicates pressure from buyers of “Black Gold” and a potential continuation of the rise in the value of the asset already from the current levels. At the moment, we should expect an attempt to develop a bearish correction and a test of the support level…