XRP/USD are trading at 0.2081 and continue to move as part of the correction and the bearish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $9 218 315 192. Moving averages indicate the presence of a short-term bearish trend for Ripple. 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 slightly decrease the digital asset and test the support level near the area of 0.1965. Further, the continued growth of cryptocurrency in the…
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 262.19 and continue to move as part of the growth. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 813 623 177. 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 forecast for January 14, 2020, one should expect an attempt to develop an asset value correction and a test of the support level near the 235.55 area. Where again we should expect a…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1089. The pair continues to move within the correction and the bearish channel. Moving averages indicate a downward trend in the pair. The pair again repels from the area between the signal lines, which indicates pressure from the bears. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 1.1215. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. The potential target of the rise is the area…
BRENT complete the trading week near the region of 65.17 dollars per barrel. And it continues to move within the framework of the upward correction and the formation of the «Triangle» model. Moving averages indicate a downward trend, but prices have pierced the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to continue the development of growth and test the resistance area near the level of 68.05. Then, the rebound and the beginning of the fall of oil in the region below the level of 47.05 dollars per barrel.…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.3073. The pair continues to move as part of the correction and formation of the «Head and Shoulders» reversal pattern. Moving averages indicate a bullish trend. At this, we should expect an attempt to grow and test the resistance area near the level of 1.3145. Further, the rebound and the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.1985. GBP/USD Forecast and Analysis January 13 — 17, 2020 In favor of reducing the British Pound, a test of the downtrend…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 61.91 Rubles per US Dollar. The pair continues to move as part of the decline and the formation of the bullish «Wolfe Wave» model. Moving averages indicate a bearish trend. In the current trading week January 13 — 17, 2020, we should expect an attempt to develop a fall and test the support area near the level of 60.65. Where can we expect a rebound and continued growth of the Dollar rate above 69.05. USD/RUB Forecast and Analysis January 13 — 17, 2020 An…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6872. The pair continues to move within the correction and the bearish channel. Moving averages indicate a bearish trend, prices are again testing the area between the signal lines, which indicates a potential fall from current levels further down. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 0.6925. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6515. AUD/USD Forecast and Analysis January 13 —…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3069. The pair continues to move as part of the decline and the formation of the bullish «Wolfe Wave» model. Moving averages indicate a downward trend. Prices continue to remain below the signal line area, indicating pressure from sellers. At the moment, we should expect an attempt to fall and test the support level near the area of 1.2905. Then, continued growth of quotations with a target above the level of 1.3605. USD/CAD Forecast and Analysis January 13 — 17, 2020 In favor of…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 109.62. The pair continues to move within the fall and the bearish channel. Moving averages indicate a bearish trend, prices have broken through the area between the signal lines down, which indicates pressure from sellers. At the moment, we should expect an attempt to grow and test the resistance level near the area of 110.45. Then the rebound and the continuation of the fall of the pair in the area below the level of 104.65. USD/JPY Forecast and Analysis January 13 —…
GOLD completes the trading week near the area of 1549. XAU/USD quotes continue to move as part of the growth and upward channel. Moving averages indicate a bullish trend for Gold, prices continue to remain above the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to drop prices and test the support level near the area of 1525. Further, the continuation of the growth of the price of GOLD with a potential target above the level of 1695. GOLD Price Forecast and Analysis January 13 — 17, 2020 An additional…