Author: forex24pro

BTC/USD are trading at 34856 and continue to move as part of the growth and the ascending channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 641,721,293,386. Moving averages indicate a short-term bullish trend for Bitcoin. Prices have gone up again from 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 7, 2021, we should expect an attempt to develop a slight correction in…

Ethereum are traded at the level of 1136.90 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 $ 129,577,628,827. 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 1105.05 area. Where…

LTC/USD are traded at 162.54 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 $ 10,900,399,454. Moving averages indicate a short-term bullish trend for Litecoin. 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. 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…

XRP/USD are trading at 0.2289 and continue to move as part of the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $ 10,572,897,283. 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 bullish correction of the asset and a test of the…

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 3708. At the moment, we should expect an attempt to develop a correction and test the support level near the 3655 area. Where can we…

BCH/USD are trading at 436.01 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 $ 8,090,006,918. 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 7, 2021, we should expect an attempt to develop an asset price correction and test the…

Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the ascending channel. The “Wedge” reversal pattern is also formed here. 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 1.2270. As part of the Forex forecast for January 6, 2021, we should expect an attempt to develop growth and test…

Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3579. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines again, which indicates pressure from buyers of the currency pair and a potential continuation of the rise in the instrument. 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 from the current levels. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7698. At the moment, we should expect an attempt to develop a bullish correction and test the…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the fall and the downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 102.89. Moving averages indicate a short-term bearish trend for the pair. Prices went down from 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 from the current levels. As part of the forecast for the Japanese Yen rate for January 6, 2021, we…