ETH/USD are trading at 149.83 and continue to move as part of the growth and development of the bullish «Wolfe Wave» model. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $16 736 599 057. 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 141.65. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 195.05. Ethereum…
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.
LTC/USD are trading at 53.62 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 $3 531 453 139. 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 48.55. Where again we should expect a rebound and continued growth of the Litecoin rate with a…
XRP/USD are trading at 0.2175 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 $9 659 410 794. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices could go far up from the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to slightly decrease the digital asset and test the support level near the area of 0.2085. Further, the continued growth of cryptocurrency in the region…
BCH/USD are trading at 288.95 and continue to move as part of the growth and upward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 415 876 778. 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, which indicates strong pressure from buyers. As part of the cryptocurrency rate forecast for January 15, 2020, one should expect an attempt to develop an asset value correction and a test of the support level near the area of 255.05. Where…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the beginning of the formation of the «Head and Shoulders» reversal pattern. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines, which indicates a probable upward rebound directly from current levels. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1118. 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…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the bearish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.3030. 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 1.3045. Where again we should expect a rebound and a continued fall in quotations of the British Pound currency pair against the US Dollar. The target of the downward movement of the currency pair,…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth 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 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 0.6906. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6940. Further, the rebound and the beginning of the fall of quotations in…
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 109.83. Moving averages indicate the presence of a short-term lateral trend for the pair. As part of the forecast for the Japanese Yen on January 14, 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 pair USD/JPY 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 $ 64.95 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are testing the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to reduce and test the support level near the area of 63.25 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 70.75. Brent Crude Oil Forecast and…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3041. Moving averages indicate the presence of a short-term bearish trend for the pair. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.3075. Further, the rebound and continued fall of the currency pair. The potential target of such a movement of the instrument on Forex quotes is the…