BCH/USD are trading at 328.49 and continue to move as part of the correction after growth. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $6 079 756 405. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices are located far from the area between the signal lines, indicating strong pressure from the bulls. As part of the cryptocurrency rate forecast for January 21, 2020, one should expect an attempt to develop an asset value correction and a test of the support level near the area of 305.05. Where again…
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.
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1093. The pair continues to move within the correction and the downward channel. Moving averages indicate a downward trend in the pair. The pair again pushes off from the area between the signal lines, which indicates pressure from sellers of the European currency. At the moment, we should expect an attempt to develop an upward correction and test the resistance area near the level of 1.1175. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. The potential target of the rise is…
BRENT complete the trading week near the area of 64.60 dollars per barrel. And it continues to move within the correction and the bearish channel. Moving averages indicate a bearish trend. However, prices broke through the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to continue the development of growth and test the resistance area near the level of 67.45. Then, the rebound and the beginning of the fall of oil in the region below the level of 50.45 dollars per barrel. BRENT crude oil Forecast and Analysis January…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.3026. 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 1.3085. Further, the rebound and the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.1975. GBP/USD Forecast and Analysis January 20 — 24, 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 61.52 Rubles per US Dollar. The pair continues to move as part of the decline and the formation of the bullish «Wolfe Wave» model. Moving averages indicate a bearish trend. In the current trading week, January 20-24, 2020, we should expect an attempt to develop a fall and test the support area near the level of 60.25. Where can we expect a rebound and continued growth of the Dollar above the level of 68.75. USD/RUB Forecast and Analysis January 20 — 24, 2020 An…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6875. The pair continues to move within the correction and the bearish channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, indicating a potential fall from current levels. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 0.6930. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6425. AUD/USD Forecast and Analysis January 20 — 24, 2020 A…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3068. 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 continue to remain below the signal line area, indicating pressure from sellers. At the moment, we should expect an attempt to fall and test the support level near the 1.2885 area. Then, continued growth of quotations with a target above the level of 1.3625. USD/CAD Forecast and Analysis January 20 — 24, 2020 In favor of the…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 110.16. The pair continues to move in the framework of growth and a bearish channel. Moving averages indicate a bearish trend. However, prices have 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 110.85. Then the rebound and the continuation of the fall of the pair in the area below the level of 105.35.…
GOLD completes the trading week near the area of 1557. XAU/USD quotes continue to move as part of the growth and upward 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 in the price of GOLD with a potential target above the level of 1705. GOLD Price Forecast and Analysis January 20 — 24, 2020 An additional signal…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of 0.6609. Moving averages indicate a downward trend in the pair. However, prices broke through the area between the signal lines, which indicates pressure from buyers of the currency pair. At the moment, we should expect an attempt to grow the pair and test the resistance area near the level of 0.6755. Then, a rebound and continued fall of the currency pair with a potential target below the level of 0.6155. NZD/USD Forecast and Analysis January 20 — 24, 2020 In favor of…