LTC/USD are trading at 38.48 and continue to move as part of the fall and the formation of the bullish «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 34.05 area. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of…
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 0.1854 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 0.1645 area. Further, the continued growth of cryptocurrency in the region above…
BCH/USD are trading at 180.30 and continue to move as part of the decline 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 19, 2019, we should expect an attempt to fall in the value of the asset and a test of the support level near the area of 165.00.…
Stock index DAX 30 continue to move in the framework of growth and the upward channel. At the time of the publication of the forecast, the exchange rate is 13224. Moving averages indicate a bullish trend. As part of the DAX 30 exchange rate forecast for December 19, 2019, we should expect an attempt to lower and test the support level near the area of 12990. Where can we expect a rebound and continued growth of DAX 30 quotes in the area above the level of 13765. DAX 30 Index Forecast and Analysis December 19, 2019 In favor of the…
In the ten years of its existence, cryptocurrency trading has made tremendous strides in its evolution, often employing cutting-edge developments in trading software technology. These developments go hand-in-hand with the digital nature of cryptocurrency. With 2020 fast approaching, many crypto traders are searching for the next big thing in terms of trading software to get a leg up in the new year. Though today’s selection of options is quite wide, there are a few companies that are pushing the bounds of cryptocurrency trading innovation, offering traders unique opportunities to maximize their trading experience. The five companies listed below are considered…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and formation of the «Head and Shoulders» reversal pattern. 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 1.1152. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1165. 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 18, 2019 An additional signal…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the rising channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.3171. 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 1.3135. Where again we should expect a rebound and continued growth of quotations of the British Pound currency pair against the US Dollar. The purpose 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 are testing the area between the signal lines, indicating a probable upward rebound. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6849. 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 the area below 0.6770.…
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 109.59. Moving averages indicate a short-term bullish trend for the pair. As part of the forecast of the Japanese yen on December 18, 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…
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 $ 65.79 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 63.65 dollars per barrel. Further, the continued growth of oil to the region above the level of 70.45. Brent Crude Oil Forecast and analysis December…