Author: forex24pro

GOLD continue to move as part of the correction and the formation of the bullish “Wolfe Wave” pattern. At the time of the publication of the forecast, the price of GOLD is 1843 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. 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 fall from the current levels. At the moment, we should expect an attempt to develop a decline and test the support level near the 1805 area. Where can we expect a…

Silver continues to move as part of the correction and the formation of the bullish “Wolfe Wave”. At the time of the publication of the forecast, Silver prices are at $ 25.40. Moving averages indicate the presence of a bullish trend. Prices have broken down the area between the signal lines, indicating 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 near the 23.45…

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices broke down 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 0.7194. At the moment, we should expect an…

Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the downward channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.8873. 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 rate against the Swiss…

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 73.61. Moving averages indicate a short-term bearish trend. Prices have broken down 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 15, 2021, we should expect…

BTC/USD are traded at 38704 and continue to move within the correction and the upward channel. Here, the “Triangle” model is formed. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $711,018,306,379. Moving averages indicate a short-term bullish trend for Bitcoin. Prices went up from the area between the lines, which indicates pressure from the buyers 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 15, 2021, we should expect an attempt to develop a correction in…

Ethereum are traded at 1165.89 and continue to move within the growth and ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $132,845,241,312. Moving averages indicate a short-term bearish trend for Ethereum. Prices are testing the area between the signal lines again, which indicates pressure from sellers and a potential fall in the 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 ​​1080.55. Where can we expect…

LTC/USD are traded at 150.04 and continue to move within the growth and ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 9,729,046,022. Moving averages indicate a short-term bearish trend for Litecoin. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the fall 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…

XRP/USD are trading at 0.29351 and continue to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $13,382,193,876. 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…

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 3808. At the moment, we should expect an attempt to develop a correction and test the support level near the 3765 area. Where can we…