BTC/USD are traded at 16943 and continue to move in the framework of the growth and the ascending channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 315,017,258,873. Moving averages indicate a short-term bullish trend for Bitcoin. Prices went up from the area between the lines, which indicates pressure from buyers of Digital Gold and a potential continuation of the asset’s value growth from the current levels. As part of the cryptocurrency rate forecast for tomorrow, November 18, 2020, we should expect an attempt to develop a downward correction 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.
Ethereum are traded at 464.65 and continue to move within the growth and ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $ 52,950,665,989. Moving averages indicate a short-term bullish trend for Ethereum. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the growth of the asset value from the current levels. At the moment, we should expect an attempt at a bearish correction in the value of the coin and a test of the support level near the 430.05…
LTC/USD are traded at 73.31 and continue to move within the growth and ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 4,858,435,193. Moving averages indicate a short-term bullish trend for Litecoin. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the support level near the 67.55 area.…
XRP/USD are trading at 0.2975 and continue to move as part of strong growth and were able to break through the upper border of the ascending channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $ 13,618,182,856. Moving averages indicate a short-term bullish trend for Ripple. Prices have broken up between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise in the XRP rate in the market already from current levels. At the moment, we should expect an attempt to develop a downward…
Stock index S&P 500 continue to move as part of the correction and the formation of the next “Triangle” pattern. At the time of the publication of the forecast, the index is trading at 3605. At the moment, we should expect an attempt to develop a correction and test the support level near the 3505 area. Where can we expect a rebound and a continuation of the rise in the S&P 500 quotes to the area above the 3825 level. S&P 500 Forecast and Analysis November 18, 2020 An additional signal in favor of the growth of the stock exchange…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the downward pattern “Wolfe Wave”. Moving averages indicate a short-term bullish trend for the pair. Prices are again pushing the area between the signal lines, which indicates pressure from buyers of the European currency and a potential continuation of growth from the current levels. At the time of the publication of the forecast, the EUR/USD rate is 1.1816. As part of the Forex forecast for November 17, 2020, we should expect an attempt at a bullish correction and a test of the resistance level…
Currency pair Pound/Dollar GBP/USD continues to move as part of the decline and the beginning of the development of the bearish “Wolfe Wave” pattern. At the time of the publication of the forecast, the Pound to US Dollar rate on Forex is 1.3185. Moving averages indicate a short-term bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continued growth of the instrument. At the moment, we should expect an attempt at a bullish correction of the British Pound against the US Dollar and a test…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the downward channel. Moving averages indicate a short-term bullish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument’s value from the current levels. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7289. At the moment, we should expect an attempt to develop growth and test the resistance area near…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 104.84. Moving averages indicate a short-term bearish trend for the pair. Prices are again repelled from the area between the signal lines, which indicates pressure from the sellers of the US Dollar and a potential continuation of the fall in prices from the current levels. As part of the forecast for the Japanese Yen rate for November…
Brent continue to move within the growth and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 44.35 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices went up from the area between the signal lines, which indicates pressure from buyers of “Black Gold” and a potential continuation of the rise in the value of the asset from the current levels. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of $ 43.65 per…