LTC/USD are trading at 44.48 and continue to move as part of the growth and development of the bullish «Wolfe Wave» pattern. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 887 793 417. Moving averages indicate the presence of a short-term downward trend in Litecoin. However, prices were able to break through the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to reduce the asset and test the support level near the area of 40.05. Where again we should expect a rebound and…
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.
XRP/USD are trading at 0.2012 and continue to move as part of the correction and the bearish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 930 007 636. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices returned to the area between the signal lines up, indicating pressure from sellers. At the moment, we should expect an attempt to slightly reduce the digital asset and a test of the support level near the 0.1915 area. Further, the continued growth of cryptocurrency in the region above the…
BCH/USD are trading at 235.34 and continue to move as part of the growth. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 300 978 878. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices are located far from the area between the signal lines, which indicates strong pressure from buyers. As part of the cryptocurrency forecast for January 10, 2020, one should expect an attempt to reduce the value of the asset and test the support level near the area of 210.65. Where again we should expect a…
Stock index DAX 30 continue to move in the framework of growth and the upward channel. At the time of the publication of the forecast, the exchange rate is 13469.7. Moving averages indicate a bullish trend. As part of the DAX 30 exchange rate forecast for January 10, 2020, we should expect an attempt to lower and test the support level near the area of 13065.0. Where can we expect a rebound and continued growth of DAX 30 quotes in the area above the level of 13975.0. DAX 30 Index Forecast and Analysis January 10, 2020 In favor of the…
Stock index Dow Jones continue to move in the framework of strong growth and an upward channel. At the time of the publication of the forecast, the index is trading at 28847. Moving averages indicate the presence of a bullish trend in the index. At the moment, we should expect an attempt to reduce quotations and test the support level near the area of 28165. Further, a rebound and continued growth of quotations of the Dow Jones stock index is expected to go above 29765. Dow Jones Index Forecast and Analysis January 10, 2020 In favor of raising the quotes…
Currency pair Euro/Dollar EUR/USD continues to move as part of the decline and the rising channel. Moving averages indicate a short-term bullish trend for the pair. Prices are located below the area between the signal lines, which indicates pressure from sellers of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1117. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1155. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this movement is the area below…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.3105. 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 1.3175. Where again we should expect a rebound and a continued fall in quotations of the British Pound currency pair against the US Dollar. The target of the downward movement of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the decline. Moving averages indicate a short-term downtrend. Prices are located far from 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 0.6864. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6910. Further, the rebound and the beginning of the fall of quotations in the area below 0.6745. AUD/USD Forecast Australian…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of an upward correction. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 108.71. Moving averages indicate the presence of a short-term bearish trend for the pair. As part of the Japanese Yen rate forecast for January 9, 2020, we should expect an attempt to grow and test the resistance area near the level of 109.05. Further, the rebound and continued fall of the pair USD/JPY to the area below the level…
Brent continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 67.51 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices continue to push from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to reduce and test the support level near the area of 65.55 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 74.35. Brent Crude Oil Forecast and…