Author: forex24pro

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, the price of Silver is at $ 25.51. Moving averages indicate the presence of a bearish trend. Prices are retesting the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the fall 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…

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the downward channel. 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 the sellers of the currency pair and a potential continuation of the decline in the value of the instrument 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 0.7136. At the moment, we should expect…

Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the formation of the “Triangle” model. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.8917. 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 Dollar against the…

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 73.47. Moving averages indicate a short-term bearish trend. Prices are bouncing down from the area between the signal lines, which indicates pressure from 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 21, 2021, we should expect…

BTC/USD are traded at 36972 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 $ 643,552,219,146. Moving averages indicate a short-term sideways trend in Bitcoin. Prices broke through the area between the lines downward, which indicates pressure from the sellers of Digital Gold and a potential continuation of the rise in the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, January 21, 2021, we should expect an attempt to develop…

Ethereum are traded at 1306.29 and continue to move as part of the correction and the ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $ 147,768,057,530. 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 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 ​​1265.05. Where can we…

LTC/USD are traded at 144.38 and continue to move within the correction and the ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 9,505,469,993. 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 130.55…

XRP/USD are trading at 0.2846 and continue to move as part of the correction and the formation of the “Triangle” pattern. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $ 13,078,855,765. Moving averages indicate a short-term bullish trend for Ripple. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the XRP rate growth in the market already from current levels. At the moment, we should expect an attempt to develop a downward correction of the asset and a test of the…

Stock index S&P 500 continue to move in the rise 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 the level of 3833. At the moment, we should expect an attempt to develop a correction and test the support level near the 3785 area. Where can we…

BCH/USD are trading at 525.61 and continue to move as part of the correction and the formation of the “Triangle” pattern. The capitalization of the Bitcoin Cash cryptocurrency at the time of the publication of the forecast is $ 9,003,164,286. Moving averages indicate a short-term bullish trend for Bitcoin Cash. Prices are again testing 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 21, 2021, we should expect an attempt to develop an asset price correction…