ETH/USD are trading at 265.65 and continue to move as part of the correction and the upward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $28 751 323 183. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices pushed from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to reduce the value of the coin and test the support level near the area of 225.05. Where again we should expect a rebound and continued growth of 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.
LTC/USD are trading at 72.36 and continue to move as part of the correction and the upward channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $4 562 885 174. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices fell into the area between the signal lines, indicating pressure from the bears, but growth risks still persist. At the moment, we should expect an attempt to reduce the value of the digital asset and test the support level near the area of 70.05. Where again we should expect a…
XRP/USD are trading at 0.2853 and continue to move as part of a strong correction and an upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $12 213 615 238. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices returned to the area between the signal lines, indicating pressure from sellers, but the growth potential is still strong. At the moment, we should expect an attempt to reduce the digital asset and a test of the support level near the 0.2765 area. Further, the continued growth of…
BCH/USD are trading at 403.34 and continue to move as part of the correction and the upward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $7 149 858 335. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices broke through the area between the signal lines, which indicates pressure from the sellers, however, the potential for upward rebound is still there. As part of the cryptocurrency rate forecast for February 19, 2020, we should expect an attempt to develop a downward correction of the asset value and a…
Tesla stock continue to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate the presence of a short-term bullish trend for Tesla. Prices pushed from the area between the signal lines, which indicates pressure from buyers of securities. At the time of publication of the forecast, the value of shares is 798.21. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the area of 755.05. Further, a rebound and continued growth in the value of securities. The potential target of…
Apple quotes continue to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate a short-term bullish trend for Apple. Prices pushed from the area between the signal lines, indicating pressure from stock buyers. At the time of publication of the forecast, the value of shares is 324.75. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the area of 320.05. Further, a rebound and continued growth in the value of securities. The potential target of this movement is the area…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of the fall and the bearish channel. Moving averages indicate a short-term bearish trend for the pair. Prices have gone far from the area between the signal lines, indicating strong pressure from sellers of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0844. As part of the Forex forecast, we should expect an attempt to develop a correction and test the resistance level near the area of 1.0925. 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 correction and the bearish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.3041. 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 1.3085. Where again we should expect a rebound and a continued fall in the quotes of the British Pound currency pair against the US Dollar. The target of the downward movement of the currency…
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 bearish trend. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential drop from current levels. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6726. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6725. Further, the rebound and the beginning of the fall…
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 «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.85. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from buyers and potential growth from current levels. As part of the forecast for the Japanese Yen on February 18, 2020, we should expect…