ETH/USD are trading at 122.15 and continue to move as part of the decline and the beginning of the development of the bullish «Wolfe Wave» bullish model. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $13 660 493 201. 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 110.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a…
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 39.14 and continue to move as part of the correction and the beginning of the development of the bullish «Wolfe Wave» model. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 568 584 920. 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 35.05. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target…
XRP/USD are trading at 0.1839 and continue to move as part of the fall and the bearish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 184 933 092. 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 increase the fall of the 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 183.93 and continue to move as part of the fall and the beginning of the development of the «Wolfe Wave» bullish pattern. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 379 759 676. 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 rate forecast for December 26, 2019, one should expect an attempt to fall in the value of the asset and test the support level near the area…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the bullish channel. 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 1.1078. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.1035. Further, the rebound and continued growth of the Euro/Dollar currency pair. The potential target of this movement is the area above the level of…
Currency pair Pound/Dollar GBP/USD continues to move as part of the decline and the rising channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2949. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to depreciate the British Pound and test the support area near the level of 1.2895. Where again we should expect a rebound and continued growth of quotations of the British Pound currency pair against the US Dollar. The target of the upward movement of the currency pair, in the framework…
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 were able to push from the area between the signal lines, which indicates pressure from buyers. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6919. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6935. Further, the rebound and the beginning of the fall of quotations in the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.38. Moving averages indicate a short-term bullish trend for the pair. As part of the forecast of the Japanese Yen rate on December 25, 2019, we should expect an attempt to fall and test the support area near the level of 109.05. Further, the rebound and continued growth of the pair USD/JPY to the area above…
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 $ 65.89 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 63.85 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 70.75. Brent Crude Oil Forecast and…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and the development of the reversal model of the inverted «Head and Shoulders». At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3155. Moving averages indicate the presence of a short-term bearish trend for the pair. At the moment, we should expect an attempt to fall and test the support level near the area of 1.3115. Further, the rebound and continued growth of the currency pair. The potential target of such an…