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…
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.
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…
LTC/USD are trading at 52.82 and continue to move as part of the growth and upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 445 084 889. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices returned to the area between the signal lines, indicating pressure from buyers and a potential upward rebound from current levels. At the moment, we should expect an attempt to reduce the asset and test the support level near the area of 49.05. Where again we should expect a rebound and continued growth of…
XRP/USD are trading at 0.2193 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 $9 802 052 796. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices are again testing the area between the signal lines up, which indicates pressure from buyers and a likely rebound up. At the moment, we should expect an attempt to reduce the digital asset and test the support level near the 0.2155 area. Further, the continued growth of cryptocurrency in the…
BCH/USD are trading at 318.80 and continue to move as part of the fall and the beginning of the development of the head and shoulders reversal pattern. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 837 007 803. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices broke through the area between the signal lines, indicating strong pressure from sellers. As part of the cryptocurrency rate forecast for January 24, 2020, one should expect an attempt to develop the growth of the asset value and test the resistance…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. Volatility remains low; rather, strong decisions will not occur until the publication of the ECB’s rate decision. Moving averages indicate a short-term bullish trend for the pair., Which is nearing completion. Prices pierced the area between the signal lines down, indicating pressure from sellers. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1086. As part of the Forex forecast, we should expect an attempt to develop a correction and test the resistance level…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.3121. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to increase the British Pound and test the resistance area near the level of 1.3165. 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 purpose of the downward…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the downward channel. Moving averages indicate a short-term bearish trend. Prices push from the area between the signal lines down, 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 0.6866. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6875. Further, the rebound and the beginning of the fall of quotations in the area below…
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 109.90. 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 23, 2020, we should expect an attempt to reduce and test the support area near the level of 109.50. Further, the rebound and continued fall of the pair USD/JPY to the area above the level…
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 $ 62.53 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 a test of the resistance level near the area of 62.75 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level…