ETH/USD are trading at 142.02 and continue to move as part of the fall and the formation of the «Double Bottom» reversal pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $15 780 371 724. 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 125.55. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the…
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 42.93 and continue to move as part of the correction and the bearish channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 813 576 039. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to slightly decrease and test the support level near the area of 40.85. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 50.05. Litecoin Forecast and LTC/USD Analysis December 13, 2019 In…
XRP/USD are trading at 0.2170 and continue to move as part of the correction. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $9 612 414 795. 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 reduce the digital asset and test the support level near the 0.2115 area. Further, the continued growth of cryptocurrency in the region above the level of 0.2435. Ripple Forecast and XRP/USD Analysis…
BCH/USD are trading at 205.40 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 $3 783 659 608. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices are still pushing away from signal lines, indicating bearish pressure. As part of the cryptocurrency forecast for December 13, 2019, one should expect an attempt to reduce the value of the asset and test the support level near the 185.05 area. Where again we should…
Stock index DAX 30 continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the exchange rate is 13153. Moving averages indicate a downward trend. As part of the DAX 30 exchange rate forecast for December 13, 2019, we should expect an attempt to lower and test the support level near 12985. Where can we expect a rebound and continued growth of DAX 30 quotes in the region above the level of 13450. DAX 30 Index Forecast and Analysis December 13, 2019 In favor of the growth of quotations…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and upward 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 1.1082. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.1040. 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 1.1265. EUR/USD Forecast Euro Dollar December 12, 2019 An additional signal in favor of the growth of…
Currency pair Pound/Dollar GBP/USD continues to move as part of growth and the rising channel. At the time of the publication of the forecast, the pound to the US dollar at Forex is 1.3115. 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 1.3095. Where again we should expect a rebound and the continuation of the rise in quotations of the British Pound currency pair against the US Dollar. The target of the upward movement of the currency pair, in…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the bullish channel. Moving averages indicate the presence of a short-term flat trend. Prices pierced the area between the signal lines up, which indicates pressure from the buyers of the pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6821. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.6785. Further, the rebound and the beginning of the growth of quotations to the area…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction 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 Japanese Yen is 108.73. Moving averages indicate the presence of a short-term bullish trend for the pair, prices are testing the area between the signal lines, which indicates a potential upward rebound. As part of the forecast of the Japanese Yen rate on December 12, 2019, we should expect an attempt to grow…
Brent continue to move as part of the correction. At the time of the publication of the forecast, the price of Brent crude oil is $ 63.95 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices pierced the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to reduce and test the support level near the area of 62.15 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 70.85. Brent Crude Oil Forecast and analysis December 12, 2019…