XRP/USD are trading at 0.2786 and continue to move as part of the growth and upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $12 174 517 058. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices once again repulse 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 test the support level near the 0.2465 area. Further, the continued growth of cryptocurrency in the region above the level of…
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 464.67 and continue to move as part of growth and the rising channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $8 413 556 771. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices push away from the area between the signal lines, which indicates pressure from buyers and a potential upward rebound. As part of the cryptocurrency forecast for February 12, 2020, we should expect an attempt to develop a downward correction of the asset value and a test of the support level near…
Tesla stock continue to move as part of the correction after strong growth. 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 777.31. 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 710.05. Further, a rebound and continued growth in the value of securities. The potential target of this movement is…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of a strong fall and a bearish channel. Moving averages indicate a short-term bearish trend for the pair. Prices again pushed from the area between the signal lines, indicating strong pressure from sellers of European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0911. As part of the Forex forecast, we should expect an attempt to develop a correction and a test of the resistance level near the area of 1.0955. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the start of the development of the «Triangle» model, which is visible from higher time intervals. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2930. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to correct the British Pound and a test of the resistance area near the level of 1.3015. Where again we should expect a rebound and a continued fall in the quotes of the British Pound currency pair…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall 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. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6690. 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 of quotations in the area below 0.6555.…
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 109.75. Moving averages indicate the presence of a short-term lateral 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 11, 2020, we should expect an attempt to grow and test…
Brent continue to move within the fall and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 54.37 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices are again pushing from the area between the signal lines, which indicates pressure from sellers of black gold. At the moment, we should expect an attempt to develop a correction and test the resistance level near the area of 55.85 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3313. Moving averages indicate the presence of a short-term bullish trend for the pair. At the moment, we should expect an attempt to fall and test the support level near the area of 1.3255. Further, the rebound and continued growth of the currency pair on Forex. The potential target of this movement of the instrument is the area above the…
GOLD continue to move as part of the correction and the upward channel. The «Triangle» pattern is also formed here. At the time of the publication of the forecast, the price of GOLD is 1571 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices pushed away from the area between the signal lines, indicating pressure from buyers and a likely upward rebound. At the moment, we should expect an attempt to fall and test the support level near the area of 1550. Where can we expect a rebound and continued growth in the price of GOLD with…