Silver continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the price of Silver is 17.73 Dollars. Moving averages indicate an uptrend. Prices returned to the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to develop a decrease in the cost of metal and a test of the support level near the area of 17.25. Where can we expect a rebound and continued growth in Silver prices with a target above the level of 18.95. XAG/USD Forecast Silver…
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.
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 pierced the area between the signal lines down, indicating pressure from sellers. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6521. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6575. Further, within the framework of the forecast and Forex analysis…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the downward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9704. Moving averages indicate a short-term bearish trend for the pair. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9765. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9525. USD/CHF Forecast Dollar Franc January 31,…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of a strong upward correction and a downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.13. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, which indicates pressure from sellers of the American currency and a potential drop until prices break through the area between the lines up. As part of the USD/RUB forecast for tomorrow, January 31, 2020, we should expect an attempt to grow and…
BTC/USD are trading at 9329 and continue to move as part of the growth and bullish channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $170 095 028 535. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, January 31, 2020, we should expect an attempt to drop the value of the digital asset and test the support level near the area of 8825. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with…
ETH/USD are trading at 173.33 and continue to move as part of the growth. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $19 330 342 002. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices once again pushed from the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to reduce the value of the coin and test the support level near the area of 170.55. Where again we should expect a rebound and continued growth of the Ethereum…
LTC/USD are trading at 61.38 and continue to move as part of the growth and bullish channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $4 073 632 553. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices again pushed from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to reduce the asset and test the support level near the area of 55.65. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target…
XRP/USD are trading at 0.2330 and continue to move as part of the growth and bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $10 340 222 242. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices again pushed from the area between the signal lines, indicating pressure from buyers and a potential upward rebound. At the moment, we should expect an attempt to reduce the digital asset and test the support level near the 0.2205 area. Further, the continued growth of cryptocurrency in the region above…
BCH/USD are trading at 384.53 and continue to move as part of the growth and the bullish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $7 021 890 585. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices are testing the area between the signal lines, which indicates pressure from buyers and a potential upward rebound. As part of the cryptocurrency rate forecast for January 31, 2020, we should expect an attempt to develop a decrease in the value of the asset and a test of the support…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of the fall and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices push away from the area between the signal lines, indicating pressure from sellers. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0999. As part of the Forex forecast, we should expect an attempt to develop a correction and test the resistance level near the area of 1.1045. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this movement is the area…