BCH/USD are trading at 207.18 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 $3 797 812 951. 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 12, 2019, one should expect an attempt to reduce the value of the asset and test the support level near the area of 205.05. Where again we should expect…
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.
Stock index DAX 30 continue to move as part of the correction and the formation of the bullish Wave Wave pattern. At the time of the publication of the forecast, the exchange rate is 13097. Moving averages indicate a downward trend. As part of the DAX 30 exchange rate forecast for December 12, 2019, we should expect an attempt to lower and test the support level near 12945. Where can we expect a rebound and continued growth of DAX 30 quotes in the region above the level of 13750. DAX 30 Index Forecast and Analysis December 12, 2019 In favor…
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 1.1074. 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 1.1245. EUR/USD Forecast Euro Dollar December 11, 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 1.3160. 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 1.3075. Where again we should expect a rebound and the continued rise in 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 bullish channel. Moving averages indicate a short-term bullish 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 0.6814. 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 in the area above 0.6905. AUD/USD…
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 108.61. 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 Japanese Yen rate forecast for December 11, 2019, we should expect an attempt to grow and test…
Brent continue to move as part of the rise and the start of development of the «Triangle» model. At the time of the publication of the forecast, the price of Brent crude oil is $ 64.45 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 62.95 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 67.75.…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3233. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are testing the area between the signal lines, indicating a potential rebound down from current levels. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.3245. Further, the rebound and continued fall of the…
GOLD continue to move as part of the upward correction and the downward channel. At the time of the publication of the forecast, the price of GOLD is $1460 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 1475. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1435. XAU/USD Forecast and GOLD analysis December 11, 2019 An additional signal in favor of reducing the…
Silver continue to move as part of the decline and the bearish channel. At the time of the publication of the forecast, the price of Silver is 16.62 Dollars. Moving averages indicate a downward trend. At the moment, we should expect an attempt to develop the growth in the value of the metal and a test of the resistance level near the area of 17.10. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 15.45. XAG/USD Forecast Silver and Analysis December 11, 2019 In favor…