Silver continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Silver is 18.26 Dollars. Moving averages indicate an uptrend. 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 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 of 19.55.…
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.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the decline. Moving averages indicate the presence of a short-term lateral trend for the pair. Prices have pierced the area between the signal lines down, 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 0.6639. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6660. Further, within the framework of the forecast and Forex…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the downward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9704. Moving averages indicate the presence of a short-term bearish trend for the pair. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9725. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9575. USD/CHF Forecast Dollar…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the decline and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 61.69. Moving averages indicate a short-term bearish trend. Prices continue to remain below the area between the signal lines, indicating pressure from sellers of American currency. As part of the USD/RUB forecast for tomorrow, January 9, 2020, we should expect an attempt to grow and test the resistance level near the area of 62.85 Rubles per US Dollar. Then, a rebound…
BTC/USD are trading at 8379 and continue to move as part of the growth and development of the «Head and Shoulders» reversal pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $151 326 347 781. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, January 9, 2020, we should expect an attempt to drop the value of the digital asset and test the support level near the area of 7645. Where again we should expect a rebound and an attempt to continue the…
ETH/USD are trading at 141.23 and continue to move as part of the growth and development of the bullish «Wolfe Wave» pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $15 609 384 172. Moving averages indicate the presence of a short-term bearish 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 127.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level…
LTC/USD are trading at 46.87 and continue to move as part of the growth and development of the bullish «Wave Wave» pattern. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 006 082 097. Moving averages indicate the presence of a short-term downward trend in Litecoin. However, prices were able to break through the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to reduce the asset and test the support level near the 41.45 area. Where again we should expect a rebound and continued…
XRP/USD are trading at 0.2116 and continue to move as part of the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $9 265 354 987. Moving averages indicate the presence of a short-term bearish trend for Ripple. 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 slightly decrease the digital asset and a test of the support level near the area of 0.1905. Further, the continued growth of cryptocurrency in the…
BCH/USD are trading at 242.53 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 $4 373 641 477. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices again push off from the area between the signal lines, indicating strong pressure from buyers. As part of the cryptocurrency rate forecast for January 9, 2020, one should expect an attempt to reduce the value of the asset and test the support level near the area of 218.05. Where again we…
Currency pair Euro/Dollar EUR/USD continues to move as part of the decline and the formation of the reversal model «Wedge». Moving averages indicate a short-term bullish trend for the pair. Prices are located above the area between the signal lines, which indicates pressure from buyers of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1158. At the moment, we should expect an attempt to grow and test the resistance level near the 1.1205 area. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this movement is…