Author: forex24pro

BTC/USD are traded at 35303 and continue to move within a strong correction and an upward channel. The “Head and Shoulders” reversal pattern is also forming here. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $613,145,380,814. 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 13, 2021, we should expect an attempt…

Ethereum are traded at 1088.62 and continue to move within the correction and the ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $116,703,457,709. 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 continuation of the rise in the value of the asset 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 ​​925.05. Where…

LTC/USD are traded at 138.94 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 $8,540,821,670. Moving averages indicate a short-term bullish trend for Litecoin. 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. 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 0.2871 and continue to move within the correction and the downward channel. Cryptocurrency capitalization Ripple at the time of the publication of the forecast is $12,685,627,614. Moving averages indicate a short-term downtrend in Ripple. 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 XRP rate decline 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 support level near the 0.2065 area.…

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 from the current levels. At the time of the publication of the forecast, the index is trading at 3800. At the moment, we should expect an attempt to develop a correction and test the support level near the 3745 area. Where can we expect…

BCH/USD are trading at 470.86 and continue to move within the correction and the upward channel. The capitalization of the Bitcoin Cash cryptocurrency at the time of the publication of the forecast is $ 8,377,218,880. Moving averages indicate a short-term bullish trend for Bitcoin Cash. 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. As part of the cryptocurrency rate forecast for January 13, 2021, we should expect an attempt to develop an asset price correction and test the support level…

Currency pair Euro/Dollar EUR/USD continues to move within the fall and the rising channel. Moving averages indicate a short-term bullish trend for the pair. Prices are again testing 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 1.2187. As part of the Forex forecast for January 12, 2021, we should expect an attempt to develop growth and test the resistance level near the 1.2275 area. Further, the rebound…

Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the downward channel. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3510. Moving averages indicate a short-term bullish trend. However, prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the currency pair and a potential continuation of the instrument’s decline. At the moment, we should expect an attempt to grow the British Pound against the US Dollar and test the resistance area near the level of…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of a correction and an upward channel. Moving averages indicate a short-term bullish trend. Prices are again testing the area between the 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 forecast, the rate of the Australian Dollar to the US Dollar is 0.7706. At the moment, we should expect an attempt to develop a bullish correction and test…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of a strong growth and a downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 104.11. 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 US Dollar and a potential continuation of the fall in prices already from the current levels. As part of the forecast for the Japanese Yen rate for…