Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.39. Moving averages indicate the presence of a short-term bullish trend for the pair. As part of the forecast for the Japanese Yen on January 24, 2020, we should expect an attempt to reduce and test the support area near the level of 109.05. Further, the rebound and continued fall of the pair USD/JPY to the area above the level…
Author: forex24pro
Brent continue to move as part of the fall. At the time of the publication of the forecast, the price of Brent crude oil is $ 60.88 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices were able to break through the area between the signal lines, indicating 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 63.05 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 56.95.…
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 1.3134. 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 1.3075. 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 bullish channel. At the time of the publication of the forecast, the price of GOLD is 1564 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 1635. XAU/USD Forecast and GOLD analysis January 24, 2020 An…
Silver continue to move as part of the correction and the formation of the «Wedge» model. At the time of the publication of the forecast, the price of Silver is 17.80 Dollars. Moving averages indicate an uptrend. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a likely upward rebound from current levels. 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 17.55. Where can we expect a rebound and continued growth in Silver…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates 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 0.6593. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6610. Further, within the framework of the forecast and Forex…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction 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 0.9693. Moving averages indicate a short-term bearish trend for the pair. At the moment, we should expect an attempt to continue the growth of the Dollar against the Franc and test the resistance area near the level of 0.9720. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9565. USD/CHF Forecast Dollar…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the decline and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 61.98. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, indicating pressure from sellers of the American currency and a potential drop. As part of the USD/RUB rate forecast for tomorrow, January 24, 2020, we should expect an attempt to grow and test the resistance level near the area of 62.35 Rubles per US…
BTC/USD are trading at 8305 and continue to move as part of the correction and the upward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $152 237 682 640. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, January 24, 2020, we should expect an attempt to drop the value of the digital asset and test the support level near the area of 7905. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate…
ETH/USD are trading at 158.18 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 $17 612 115 106. Moving averages indicate the presence of a short-term bullish trend for Ethereum. At the moment, we should expect an attempt to reduce the value of the coin and test the support level near the area of 149.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 200.55. Ethereum Forecast and ETH/USD Analysis January…