XRP/USD are trading at 0.2489 and continue to move as part of the growth and upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $11 013 899 947. 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 0.2315 area. Further, the continued growth of cryptocurrency in the region above…
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.
BCH/USD are trading at 381.40 and continue to move as part of growth and the bullish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $6 989 994 386. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices push away from the area between the signal lines, which indicates pressure from buyers and a potential upward rebound. As part of the cryptocurrency rate forecast for February 4, 2020, one should expect an attempt to develop an asset value correction and a test of the support level near the 355.05…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1025. The pair continues to move in the framework of a slight fall and a bearish channel. Moving averages indicate a bearish trend in the pair. The pair again pushed off from the area between the signal lines, indicating pressure from sellers of the European currency. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 1.1155. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. The potential…
BRENT complete the trading week near the area of 57.30 dollars per barrel. And it continues to move in the framework of the fall and the bearish channel. Moving averages indicate a bearish trend. Prices went far from the area between the signal lines, indicating strong pressure from commodity sellers. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 60.35. Then, the rebound and the beginning of the fall of oil in the region below the level of 42.05 dollars per barrel. BRENT crude oil…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.3117. The pair continues to move as part of the correction and formation of the head and shoulders reversal pattern. Moving averages indicate a bullish trend. At this, we should expect an attempt to grow and test the resistance area near the level of 1.3165. Further, the rebound and the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.2025. GBP/USD Forecast and Analysis February 3 — 7, 2020 In favor of reducing the British Pound, a test of the downtrend…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 61.72 Rubles per US Dollar. The pair continues to move as part of the growth and the beginning of the development of the bullish «Wolfe Wave» model. Moving averages indicate a bearish trend. In the current trading week February 3 — 7, 2020 we should expect an attempt to develop a fall and test the support area near the level of 62.35. Where can we expect a rebound and continued growth of the Dollar above the level of 68.75. USD/RUB Forecast and Analysis February…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6684. The pair continues to move within the fall and the bearish channel. Moving averages indicate a bearish trend. Prices pushed from the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 0.6815. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6395. AUD/USD Forecast and Analysis February 3 — 7, 2020 A test of the resistance…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3232. The pair continues to move as part of the decline and the formation of the bullish «Wolfe Wave» model. Moving averages indicate a downward trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers. At the moment, we should expect an attempt to fall and test the support level near the area of 1.3025. Then, continued growth of quotations with a target above the level of 1.3705. USD/CAD Forecast and Analysis February 3 — 7, 2020 In…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 108.95. The pair continues to move within the correction and the bearish channel. Moving averages indicate a lateral trend. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the US dollar. At the moment, we should expect an attempt to continue growth and test the resistance level near the area of 110.05. Then the rebound and the continuation of the fall of the pair in the area below the level of 104.85. USD/JPY Forecast and Analysis…
GOLD completes the trading week near the area of 1579. XAU/USD quotes continue to move as part of the growth and the rising channel. Moving averages indicate a bullish trend for Gold. Prices continue to remain above the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to correct prices and test the support level near the area of 1520. Further, the continuation of the growth of the price of Gold with a potential target above the level of 1715. GOLD Price Forecast and Analysis February 3 — 7, 2020 An additional…