LTC/USD are trading at 39.10 and continue to move as part of the fall and the formation of the rising «Wolfe Wave» pattern. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 505 778 856. 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 35.65. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above 62.95. Litecoin…
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 0.1853 and continue to move as part of the decline and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 191 332 458. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are below the signal line area, which indicates pressure from cryptocurrency sellers. At the moment, we should expect an attempt to continue the fall of the digital asset and a test of the support level near the 0.1595 area. Further, the continued growth of cryptocurrency in the region above…
BCH/USD are trading at 186.05 and continue to move as part of the correction and the formation of the bullish «Wave Wave» pattern. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 301 115 387. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices still continue to build on signal lines, indicating bearish pressure. As part of the cryptocurrency forecast for December 20, 2019, one should expect an attempt to fall in the value of the asset and test the support level near the area of 175.00. Where again…
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. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1122. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1145. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this movement is the area below the level of 1.1005. EUR/USD Forecast Euro Dollar December 19, 2019 An additional signal in favor of falling EUR/USD…
Currency pair Pound/Dollar GBP/USD continues to move as part of the decline and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.3071. 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 1.3225. Where again we should expect a rebound and a continued fall in quotations of the British Pound currency pair against the US Dollar. The purpose of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the formation of the «Wolfe Wave» downward pattern. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates a probable upward rebound from current levels. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6859. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6905. Further, the rebound and the beginning of the fall of quotations in…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of growth and a bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.53. Moving averages indicate a short-term bullish trend for the pair. As part of the Japanese Yen rate forecast for December 19, 2019, we should expect an attempt to fall and test the support area near the level of 109.15. Further, the rebound and continued growth of the pair USD/JPY to the area above the level of…
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 $ 66.00 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 64.75 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 70.05. Brent Crude Oil Forecast and…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the decline 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 Canadian Dollar is 1.3127. Moving averages indicate 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 1.3095. Further, the rebound and continued growth of the currency pair. The potential target of such a movement of the instrument on Forex…
GOLD continue to move as part of the correction and the formation of the «Wedge» model. At the time of the publication of the forecast, the price of GOLD is 1477 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1480. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1425. XAU/USD Forecast and GOLD analysis December 19, 2019 An additional signal in favor…