Currency pair Dollar Franc USD/CHF continues to move as part of a decline and a downward channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.8799. Moving averages indicate a short-term bearish trend for the pair. Prices went down again from the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset from the current levels. At the moment, we should expect an attempt to develop a slight decrease in the US Dollar…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction 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 74.86. Moving averages indicate a short-term bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the US currency and a potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for January 6, 2021, we should expect…
BTC/USD are traded at 31902 and continue to move as part of the correction and the ascending channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 597,178,356,897. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are again testing the area between the lines, 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 6, 2021, we should expect an attempt to develop a slight correction in the value…
Ethereum are traded at the level of 1038.78 and continue to move as part of the growth and the ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $ 120,017,515,494. 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 continuation of the rise in the asset value already from current levels. At the moment, we should expect an attempt to correct the value of the coin and test the support level near the…
LTC/USD are trading at the level of 153.30 and continue to move as part of the rise and the ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 10,218,003,080. Moving averages indicate a short-term bullish trend for Litecoin. Prices moved up from the area between the signal lines, 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…
XRP/USD are trading at 0.2321 and continue to move within the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $ 10,331,313,292. Moving averages indicate a short-term downtrend in Ripple. Prices are again pushing the area between the signal lines, which indicates pressure from the sellers of the asset and the potential continuation of the XRP rate decline in the market already from current levels. At the moment, we should expect an attempt to develop a bullish correction of the asset and a test of the resistance level…
Stock index S&P 500 continue to move within the framework of the growth 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 3684. At the moment, we should expect an attempt to develop a correction and test the support level near the 3625 area. Where can we…
BCH/USD are trading at 409.23 and continue to move as part of the growth and the ascending channel. The capitalization of the Bitcoin Cash cryptocurrency at the time of the publication of the forecast is $ 7,623,281,321. Moving averages indicate a short-term bullish trend for Bitcoin Cash. Prices went up from 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 6, 2021, we should expect an attempt to develop a correction in the value of the…
Stock index Dow Jones continue to move within the growth and upward channel. At the time of the forecast publication, the index is trading at the level of 30031. Moving averages indicate a bullish trend in the index. At the moment, we should expect an attempt to develop a correction in quotations and a test of the support level near the area of 29655. Further, a rebound and continued growth of quotations of the Dow Jones stock index to the area above the level of 31875 is expected. Dow Jones Index Forecast and Analysis January 6, 2021 On January 6,…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the ascending channel. Moving averages indicate a short-term bullish trend for the pair. Prices pushed up from the area between the signal lines, which indicates pressure from the sellers of the European currency and a potential continuation of the decline from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.2273. As part of the Forex forecast for January 5, 2021, we should expect an attempt to develop growth and test the resistance level near the 1.2305 area. Further,…