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.…
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 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…
Currency pair Pound/Dollar GBP/USD continues to move as part of the lateral 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 1.3070. 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 1.3155. 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…
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 pierced 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 0.6895. Further, the rebound and the beginning of the fall of quotations…
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 110.09. 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 22, 2020, we should expect an attempt to reduce and test the support area near the level of 109.45. Further, the rebound and continued fall of the pair USD/JPY to the area above the level…
Brent continue to move within the fall and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 64.54 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are again pushing from the area between the signal lines, which indicates pressure from sellers of black gold. At the moment, we should expect an attempt to grow and test the resistance level near the area of 65.35 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 60.75.…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3061. 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 1.3030. 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…
GOLD continue to move as part of the correction. At the time of the publication of the forecast, the price of Gold is 1551 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 1535. 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 22, 2020 An additional signal in…
Silver continue to move as part of a strong fall. At the time of the publication of the forecast, the price of Silver is 17.69 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 Silver prices with a target above the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. Moving averages indicate the presence of a short-term bullish 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 0.6607. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6645.…