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…
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.
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…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and the bullish channel. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices continue to remain above the signal lines, indicating strong pressure from buyers. At the time of the publication of the FOREX forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6738. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.6705. Further, within the framework of Forex forecast…
Currency pair Dollar Franc USD/CHF continues to move as part of the decline 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 0.9667. 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 0.9720. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9520. 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 62.20. 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 rate forecast for tomorrow, January 2, 2020, we should expect an attempt to grow and test the resistance level near the area of 62.95 Rubles per US Dollar. Then, the…
BTC/USD are trading at 7207 and continue to move as part of the correction and the formation of the «Triangle» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $131 967 186 254. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices once again push away from the area between the signal lines, indicating a potential rebound down from current levels and pressure from sellers. As part of the cryptocurrency rate forecast for tomorrow, January 1, 2020, we should expect an attempt to drop the value of the digital asset and…
ETH/USD are trading at 129.07 and continue to move as part of the correction and development of the bullish «Wolfe Wave» model. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $14 433 863 372. Moving averages indicate the presence of a short-term bearish trend for Ethereum. At the moment, we should expect an attempt to drop the value of the coin and test the support level near the area of 115.95. 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 41.26 and continue to move as part of the correction and the formation of the bullish «Wolfe Wave» pattern. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 711 844 640. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to a slight fall in the asset and a test of the support level near the area of 38.15. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level…
XRP/USD are trading at 0.1880 and continue to move as part of the fall and the downward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $8 357 428 838. 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 0.2040. Further, the continuation of the fall of cryptocurrency to the area below the level…
BCH/USD are trading at 205.87 and continue to move as part of the growth. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 811 423 798. 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 rate forecast for January 1, 2020, one should expect an attempt to fall in the value of the asset and test the support level near the 190.05 area. Where again we should expect a rebound…