Silver continue to move as part of the decline 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 17.45. Where can we expect a rebound and continued growth in the…
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 correction and the bearish 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 0.6585. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6615. 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 0.9689. 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 0.9725. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9505. USD/CHF Forecast Dollar…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the decline and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 61.95. Moving averages indicate a short-term bearish trend. Prices continue to remain below the area between the signal lines, indicating pressure from sellers of American currency. As part of the USD/RUB rate forecast for tomorrow, January 23, 2020, we should expect an attempt to grow and test the resistance level near the area of 62.35 Rubles per US Dollar. Then, the…
BTC/USD are trading at 8639 and continue to move as part of the correction and the bullish channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $157 369 277 087. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, January 23, 2020, one should expect an attempt to drop the value of the digital asset and test the support level near the area of 8055. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate…
ETH/USD are trading at 165.62 and continue to move as part of the growth. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $18 364 966 606. 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 150.55. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 205.05. Ethereum Forecast and ETH/USD Analysis January 23, 2020 An…
LTC/USD are trading at 57.43 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 $3 712 569 303. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices are located far from the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to reduce the asset and test the support level near the area of 52.55. Where again we should expect a rebound and continued growth of the Litecoin rate with a…
XRP/USD are trading at 0.2348 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 $10 269 172 147. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices push from the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to reduce the digital asset and a test of the support level near the 0.2185 area. Further, the continued growth of cryptocurrency in the region above the level…
BCH/USD are trading at 343.27 and continue to move as part of the correction after and the rising channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $6 276 062 513. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices are still far from the area between the signal lines, indicating strong pressure from the bulls. As part of the cryptocurrency rate forecast for January 23, 2020, one should expect an attempt to develop an asset value correction and a test of the support level near the 295.05 area.…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. Unfortunately, volatility remains at a rather low level, most likely strong decisions will not occur until the publication of the ECB’s rate decision. 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. At the time of the publication of the forecast, the euro/dollar rate is 1.1108. As part of the Forex forecast, we should expect an attempt to…