Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 109.46. The pair continues to move as part of the correction and formation of the «Wedge» model. Moving averages indicate a bearish trend, prices have broken through the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to grow and test the resistance level near the area of 110.25. Then the rebound and the continuation of the fall of the pair in the area below the level of 105.75. USD/JPY Forecast December…
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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.
GOLD completes the trading week near the area of 1509. Quotes XAU/USD continue to move as part of the correction and the rising channel. Moving averages indicate a bullish trend for GOLD, prices pushed from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to reduce prices and test the support level near the area of 1495. Further, the continuation of the growth of the price of GOLD with a potential target above the level of 1625. GOLD Price Forecast December 30, 2019 — January 3, 2020 An additional signal in…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of 0.6685. Moving averages indicate a bearish trend in the pair. However, prices broke through the area between the signal lines, which indicates pressure from buyers of the currency pair. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.6585. Then continued growth of the currency pair with a potential target above the level of 0.7145. NZD/USD Forecast December 30, 2019 — January 3, 2020 In favor of the growth of the NZD/USD…
Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9805. The pair continues to move as part of the decline and the formation of the «Wolfe Wave» model. Moving averages indicate a bearish trend. Prices are below the signal lines, indicating pressure from sellers of American currency. At the moment, we should expect an attempt to continue to reduce prices and test the support area near the level of 0.9575. Further, a rebound and an attempt to grow the pair with a potential target above the level of 1.0225. USD/CHF Forecast December 30, 2019 — January 3,…
Bitcoin BTC/USD ends the trading week at the level of 7161 and continues to move as part of the correction and the formation of the «Wedge» reversal model. Moving averages indicate a downward trend. Prices remain below the area between the signal lines, indicating pressure from sellers of the digital asset. At the moment, we should expect an attempt to continue the fall and test the support area near the level of 6755. Where again we should expect a rebound and continued growth of the Bitcoin rate with a potential target above the level of 12025. Bitcoin Forecast December 30,…
Ethereum ETH/USD closes the trading week at 122.29 and continues to move as part of the decline and the formation of a reversal pattern «Wedge». Moving averages indicate a bearish trend for ETH/USD. At the moment, we should expect an attempt to continue to decline and test the support level near the area of 105.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 255.05. Ethereum Forecast December 30, 2019 — January 3, 2020 An additional signal in favor of the rise in ETH/USD quotes for the…
Ripple XRP/USD complete the trading week at 0.1851 and continue to move within the correction and the downward channel. Moving averages indicate the presence of a bearish trend, continue to be repelled by signal lines, which indicates pressure from the bears. At the moment, we should expect an attempt to continue the decline and test the support area near 0.1455. Where again we should expect a rebound and continued growth of the cryptocurrency in the region above the level of 0.3425 as part of the development of the bullish «Wolfe Wave» model. Ripple Forecast December 30, 2019 — January 3,…
Litecoin LTC/USD ends the trading week at 39.50 and continues to move as part of the decline and the formation of the «Wedge» model. Moving averages indicate a bearish trend, which remains quite strong, prices continue to push from the area between the signal lines. This indicates continued pressure from the bears. At the moment, we should expect an attempt to continue the fall and test the support area near the level of 36.05. Where again we should expect a rebound and an attempt to start Litecoin growth with a potential target above the level of 95.55. Litecoin Forecast December…
Bitcoin Cash ends the trading week at 189.96 and continues to move as part of the decline and the formation of the «Wedge» reversal pattern. Moving averages indicate a bearish trend, which remains strong. As you can see, prices continue to remain below the level of signal lines, which indicates pressure from sellers. As part of the forecast for the BCH/USD rate for the next trading week, we should expect an attempt to continue to fall in the value of the digital asset and test the support area near the level of 165.05. Where again, a rebound is expected and…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. Moving averages indicate a short-term bullish trend for the pair. Prices again push off from the area between the signal lines, which indicates pressure from buyers. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1096. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1130. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this movement is…