XRP/USD are trading at 0.1870 and continue to move as part of the fall and the bearish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 283 396 577. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are testing the area between the signal lines, indicating a potential fall from current levels. At the moment, we should expect an attempt to grow a digital asset and test the resistance level near the area of 0.2015. Further, the continuation of the fall of cryptocurrency to the 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.
BCH/USD are trading at 200.53 and continue to move as part of the correction. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 689 933 685. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices once again repulse from the area between the signal lines, indicating pressure from sellers. As part of the cryptocurrency forecast for January 3, 2020, one should expect an attempt to fall in the value of the asset and test the support level near the 185.05 area. Where again we should expect a rebound and…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of strong growth and the formation of the downward model of «Wolfe Wave». 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 1.1230. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1275. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target…
Currency pair Pound/Dollar GBP/USD continues to move as part of the upward 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 1.3191. Moving averages indicate a short-term bullish 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 1.3255. 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the strong growth and the formation of the «Wolfe Wave» bearish pattern. Moving averages indicate a short-term bullish trend. Prices are far from the area between the signal lines, which indicates pressure from buyers. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.7012. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7045. Further, the rebound and the beginning of the fall of quotations in the area…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue 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 Japanese Yen is 108.56. Moving averages indicate a short-term bullish trend for the pair. As part of the Japanese Yen rate forecast for January 2, 2020, we should expect an attempt to grow and test the resistance area near the level of 108.90. Further, the rebound and continued fall of the pair USD/JPY to the area…
Brent continue to move as part of the growth and bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 65.84 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices continue to push from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to reduce and test the support level near the area of 64.45 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 71.25. Brent Crude Oil Forecast and…
Currency pair US Dollar to Canadian Dollar USD/CAD 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 Canadian Dollar is 1.3016. 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 1.3085. 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…
GOLD continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of GOLD is 1522 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 1495. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1565. XAU/USD Forecast and GOLD analysis January 2, 2020 An additional signal in favor of the growth of XAU/USD quotes will…
Silver continue to move as part of the growth. At the time of the publication of the forecast, the price of Silver is 18.004 Dollars. Moving averages indicate the presence of whose tendency. Prices range far from the area between the signal lines. 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 17.60. Where can we expect a rebound and continued growth in the price of Silver with a target above the level of 19.20. XAG/USD Forecast Silver and Analysis January…