Author: forex24pro

Brent continue to move within the correction and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 55.73 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are again testing the area between the signal lines, which indicates pressure from buyers of “Black Gold” and a potential continuation of the rise in the asset value 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 ​​$ 54.75 per barrel.…

Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the formation of the “Wedge” reversal pattern. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2623. Moving averages indicate a short-term bearish trend for the pair. Prices broke down the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the pair of prices in the near future. At the moment, we should expect an attempt to develop a decline and a test…

GOLD continue to move as part of the growth and the downward channel. At the time of the publication of the forecast, the price of GOLD is 1862 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. However, prices have broken through the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise from the current levels. At the moment, we should expect an attempt to develop a decline and test the support level near the 1835 area. Where can we expect a rebound and continued growth in…

Silver continues to move as part of the rally and the formation of the bullish Wolfe Wave pattern. At the time of the publication of the forecast, Silver prices are at $ 25.68. Moving averages indicate the presence of a bearish trend. Prices have broken the area between the signal lines upward, indicating pressure from the buyers of the asset and the potential continuation of growth in value already from the current levels.At the moment, we should expect an attempt to develop a decline in the value of the metal and a test of the support level near the area…

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 0.7195.…

Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the formation of the “Head and Shoulders” model. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.8866. 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 already 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 fall 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 73.70. Moving averages indicate a short-term bearish trend. Dream prices are testing the area between the signal lines, which indicates pressure from the sellers 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 22, 2021, we should expect…

BTC/USD are traded at 32034 and continue to move as part of the correction and the formation of the “Triangle” pattern. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 586,241,991,208. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are testing the area between the lines again, 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 22, 2021, we should expect an attempt to develop a correction in…

Ethereum are traded at 1219.01 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 $135,735,436,967. 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 rise in the asset’s 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 1065.05 area. Where can we expect a rebound and…

LTC/USD are traded at 133.57 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 $8,755,527,753. Moving averages indicate a short-term bearish 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 the…