Author: forex24pro

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the formation of a large “Head and Shoulders” reversal pattern. Moving averages indicate a short-term bullish trend for the pair. Prices went up from the area with 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 the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.7205.…

Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.8865. 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 fall in the US…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and the beginning of the development 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 75.42. Moving averages indicate a short-term sideways trend. Prices have broken the area between the signal lines upwards again, which indicates pressure from buyers of the American currency and a potential continuation of the growth of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for January 26, 2021,…

BTC/USD are traded at 32034 and continue to move as part of the correction and the downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 639,979,715,835. Moving averages indicate a short-term bullish trend for Bitcoin. Prices have broken through the area between the lines upward, which indicates pressure from buyers of Digital Gold and a potential continuation of the asset’s value growth from the current levels. As part of the cryptocurrency rate forecast for tomorrow, January 26, 2021, we should expect an attempt to develop a correction in the value…

Ethereum are trading at the level of 1414.18 and continue to move within the framework of the growth and the ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $ 163,801,196,533. Moving averages indicate a short-term bullish trend for Ethereum. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential 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…

LTC/USD are traded at 145.42 and continue to move as part of the correction and the formation of the “Triangle” pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 9,640,083,389. Moving averages indicate a short-term bearish trend for Litecoin. However, prices broke through the area between the signal lines upward, 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…

XRP/USD are trading at 0.2728 and continue to move as part of the correction and the formation of the “Wedge” model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $ 12,645,562,509. 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 in the correction and the upward 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 3830. At the moment, we should expect an attempt to develop a correction and a test of the support level near the 3805 area. Where can we expect…

BCH/USD are trading at 461.13 and continue to move within the correction and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $ 8,555,141,549. Moving averages indicate a short-term bearish trend for Bitcoin Cash. Prices broke through the area between the signal lines upwards, 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 26, 2021, we should expect an attempt to develop an asset price correction and test the support level near the 435.55…

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