LTC/USD are trading at 42.18 and continue to move as part of the fall and the downward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 764 601 627. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to slightly increase the asset and test the resistance level near the 42.85 area. Where again we should expect a rebound and continued decline in the rate of Litecoin with a potential target below the level of 40.35. Litecoin Forecast and LTC/USD Analysis December 17,…
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 0.2102 and continue to move as part of the decline and the bearish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $9 300 448 643. 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 grow a digital asset and test the resistance level near the 0.2275 area. Further, the continuation of the fall of cryptocurrency to the area below the level of…
BCH/USD are trading at 205.71 and continue to move as part of the correction and the formation of the «Triangle» model. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 774 748 747. 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 17, 2019, one should expect an attempt to increase the value of the asset and test the resistance level near the area of 207.15. Where again we should…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1116 area. The pair continues to move in the framework of growth and a downward channel. Moving averages indicate a downward trend in the pair. The pair again 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 1.1195. 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…
BRENT complete the trading week near the region of 64.89 dollars per barrel. And it continues to move within 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, 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 65.25. Then a rebound and continued fall of oil to the area below the level of 52.55 dollars per barrel. BRENT oil Forecast and Analysis December 16…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.3343. The pair continues to move in the framework of strong growth. Moving averages indicate a bullish trend. At this, we should expect an attempt to reduce and test the support area near the level of 1.2825. Further, the rebound and the beginning of the growth of the Pound/Dollar quotes to the area above the level of 1.4485. GBP/USD Forecast and Analysis December 16 — 20, 2019 In favor of the rise of the British Pound, a test of the ascending trend line on the relative strength…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 62.79 Rubles per US Dollar. The pair continues to move within the correction and the bearish channel. Moving averages indicate a bearish trend. In the current trading week December 16 — 20, 2019 we should expect an attempt to continue the fall and test the support area near the level of 60.45. Where can we expect a rebound and continued growth of the dollar above the level of 68.70. USD/RUB Forecast and Analysis December 16 — 20, 2019 An additional signal in favor of…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6867. The pair continues to move within the correction and the bearish 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 0.6905. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6485. AUD/USD Forecast and Analysis December 16 — 20, 2019…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3186. The pair continues to move within the correction and the bullish channel. Moving averages indicate a flat 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 1.3105. Then continued growth of quotations with a target above the level of 1.3755. USD/CAD Forecast and Analysis December 16 — 20, 2019 In favor of the rise of the USD/CAD currency pair, a…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 109.32. The pair continues to move within the correction and the downward channel. 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 110.05. Then a rebound and continued fall of the pair to the area below the level of 105.55. USD/JPY Forecast and Analysis December 16 — 20, 2019 In…