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…
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.
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…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and correction. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.3002. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to increase the British Pound and a test of the resistance area near the level of 1.3085. Where again we should expect a rebound and a continued fall in the quotes of the British Pound currency pair against the US Dollar. The target of the downward movement of the currency pair, in…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend. Prices push from the area between the signal lines, which indicates pressure from the sellers of the currency pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6740. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6765. Further, the rebound and the beginning of the fall of quotations in the area below 0.6615.…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall and the rising channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.17. Moving averages indicate the presence of a short-term bullish trend for the pair. However, prices broke through the area between the signal lines down, which indicates pressure from sellers. As part of the forecast of the Japanese Yen rate on January 30, 2020, we should expect an attempt to reduce and test the support area…
Brent continue to move within the fall and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 59.05 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices are again pushing from the area between the signal lines, which indicates pressure from sellers of black gold. At the moment, we should expect an attempt to develop a correction and test the resistance level near the area of 60.10 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3203. Moving averages indicate a short-term bearish trend for the pair. At the moment, we should expect an attempt to fall and test the support level near the area of 1.3125. Further, the rebound and continued growth of the currency pair. The potential target of such a movement of the instrument on the Forex is the area above the level…
GOLD continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Gold is 1570 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices continue to build on signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to fall and test the support level near the area of 1545. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1645. XAU/USD Forecast and GOLD analysis January 30, 2020 An…