XRP/USD are trading at 0.2215 and continue to move as part of the growth and upward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $9 854 382 890. 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 0.2120 area. Further, the continued growth of cryptocurrency in the region above the level of 0.3025. Ripple…
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.
BCH/USD are trading at 314.99 and continue to move as part of the correction after strong growth. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 752 922 994. 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 17, 2020, we should expect an attempt to develop an asset value correction and a test of the support level near the 285.05 area. Where again…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and formation of the «Head and Shoulders» reversal pattern. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices pushed from the area between the signal lines, indicating pressure from buyers. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1155. As part of the Forex forecast, we should expect an attempt to continue growth and test the resistance level near the area of 1.1180. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.3025. Moving averages indicate a short-term bearish 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 1.3095. 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 movement of the currency…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and formation of the «Head and Shoulders» reversal pattern. Moving averages indicate a short-term bullish trend. Prices continue to push from the area between the signal lines up, which indicates pressure from buyers of the currency pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6907. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.6950. Further, the rebound and the beginning of the…
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 109.96. 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 16, 2020, we should expect an attempt to fall and test the support area near the level of 109.35. Further, the rebound and continued growth of the USD/JPY pair to the area above the level…
Brent continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the price of Brent crude oil is 64.80 dollars per barrel. Moving averages indicate a short-term bullish trend for oil. Prices have broken through the area between the signal lines, which indicates pressure from sellers. At the moment, we should expect an attempt to continue the decline and test the support level near the area of 62.95 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 69.15. Brent Crude…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3044. 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 1.3005. Further, the rebound and continued growth of the currency pair. The potential target of such a movement of the instrument on Forex quotes is the area above the…
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 1,550 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to fall and test the support level near the area of 1520. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1630. XAU/USD Forecast and GOLD analysis January 16, 2020 An additional signal in favor of the growth of XAU/USD quotes will…
Silver continue to move as part of the decline. At the time of the publication of the forecast, the price of Silver is $ 17.93. Moving averages indicate an uptrend. Prices are testing the area between the signal lines, which indicates pressure from buyers and a likely 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 17.75. Where can we expect a rebound and continued growth in the price of Silver with a target above the level…