ETH/USD are trading at 266.51 and continue to move as part of the growth and upward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $29 444 181 630. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices are located far from the area between the signal lines, which indicates 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 235.65. Where again we should expect a rebound and continued growth of the Ethereum…
Author: forex24pro
LTC/USD are trading at 80.04 and continue to move as part of the growth and upward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $5 220 544 150. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices are again located far from the area between the signal lines, which indicates pressure from buyers. 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 69.55. Where again we should expect a rebound and…
XRP/USD are trading at 0.3224 and continue to move as part of the growth and upward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $14 384 969 112. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices are located far from the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to reduce the digital asset and a test of the support level near the 0.2805 area. Further, the continued growth of cryptocurrency in the region above the level of 0.3785.…
BCH/USD are trading at 465.04 and continue to move as part of the growth and bullish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $8 559 661 590. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices continue to remain far from the area between the signal lines, indicating bullish pressure. As part of the cryptocurrency rate forecast for February 14, 2020, we should expect an attempt to develop a downward correction of the asset value and a test of the support level near the area of 415.05.…
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 the shares is 809.31. 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 745.05. Further, a rebound and continued growth in the value of securities. The potential target…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of the fall and the downward 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 1.0892. As part of the Forex forecast, we should expect an attempt to develop a correction and test the resistance level near the area of 1.0970. 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 beginning of the development of the «Triangle» model. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2965. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to correct the British Pound and test the resistance area near the level of 1.2995. 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 purpose of the downward…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the bullish correction and the bearish 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 0.6738. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6755. Further, the rebound and the beginning of the…
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 110.02. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices pierced the area between the signal lines up, which indicates pressure from buyers. As part of the forecast for the Japanese Yen on February 13, 2020, we should expect an attempt to increase slightly and…
Brent continue to move in the framework of growth and the bearish channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 55.92 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices are testing the area between the signal lines, indicating pressure from black gold sellers. At the moment, we should expect an attempt to develop a decline and a test of the support level near the area of 53.45 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 63.85.…