ETH/USD are trading at 130.46 and continue to move as part of the correction and the beginning of the development of the bullish «Wolfe Wave» model. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $14 554 208 117. Moving averages indicate the presence of a short-term bearish trend for Ethereum. At the moment, we should expect an attempt to drop the value of the coin and test the support level near the area of 120.65. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential…
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 42.04 and continue to move as part of the growth and downward channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $2 750 089 744. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to a slight fall in the asset and a test of the support level near the area of 39.05. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 53.45. Litecoin Forecast…
XRP/USD are trading at 0.1908 and continue to move as part of the fall and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 463 346 375. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are testing the area between the signal lines, indicating a potential fall from current levels. At the moment, we should expect an attempt to grow a digital asset and test the resistance level near the area of 0.2015. Further, the continuation of the fall of cryptocurrency to the area…
BCH/USD are trading at 209.04 and continue to move as part of the growth and the beginning of the development of the bullish «Wolfe Wave» model. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 834 196 252. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. However, prices broke through the area between the signal lines, which indicates pressure from buyers. As part of the cryptocurrency forecast for December 31, 2019, we should expect an attempt to fall in the value of the asset and test the support level…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1132. The pair continues to move within the correction and the bearish channel. Moving averages indicate a downward trend in the pair. The pair repels from the area between the signal lines, which indicates pressure from the bears. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.1185. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. The potential target of the rise is the area below the level of 1.0685. EUR/USD…
BRENT complete the trading week near the area of $ 67.02 per barrel. And it continues to move in the framework of the bullish correction and the downward channel. Moving averages indicate a downward trend, but prices have pierced the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to continue the development of growth and test the resistance area near the level of 68.15. Then the rebound and the beginning of the fall of oil in the region below the level of 50.45 dollars per barrel. BRENT oil Forecast…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.3058. The pair continues to move as part of the fall. Moving averages indicate a bullish trend. At this, we should expect an attempt to grow and test the resistance area near the level of 1.3145. Further, the rebound and the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.1925. GBP/USD Forecast December 30, 2019 — January 3, 2020 In favor of lowering the British Pound, a test of the broken trend line on the relative strength index (RSI) will…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 61.92 Rubles per US Dollar. The pair continues to move within the fall and the bearish channel. Moving averages indicate a bearish trend. In the current trading week December 30, 2019 — January 3, 2020, we should expect an attempt to grow and test the resistance area near the level of 62.65. Where can we expect a rebound and the continuation of the fall of the Dollar below the level of 57.95. USD/RUB Forecast December 30, 2019 — January 3, 2020 An additional signal…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6956. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend, prices are again testing the area between the signal lines, which indicates a potential drop from current levels. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 0.6995. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6355. AUD/USD Forecast December 30, 2019 — January 3, 2020…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3101. The pair continues to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate a bearish trend. Prices fell below the level of signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3075. Then continued growth of quotations with a target above the level of 1.3775. USD/CAD Forecast December 30, 2019 — January 3, 2020 In favor of the rise of…