Currency pair Dollar Franc USD/CHF continues to move as part of the correction. At the time of the publication of the FOREX forecast, the rate of the US Dollar to the Swiss Franc is 0.9905. Moving averages indicate the presence of a short-term bearish trend for the pair. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9925. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9815. USD/CHF Forecast Dollar Franc December 10, 2019…
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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.
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.59. Moving averages indicate a short-term bearish trend. Prices again push off from the area between the signal lines, indicating pressure from sellers of American currency. As part of the USD/RUB forecast for tomorrow December 10, 2019, we should expect an attempt to grow and test the resistance level near the area of 63.95 Rubles per US Dollar.…
BTC/USD are trading at 7475 and continue to move as part of the correction and the upward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $135 587 242 631. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices are testing the area between the signal lines, which indicates a potential rebound from current levels up. As part of the cryptocurrency rate forecast for tomorrow, December 10, 2019, we should expect an attempt to drop the value of the digital asset and test the support level near the area of 7325.…
ETH/USD are trading at 148.17 and continue to move as part of a slight increase. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $16 321 740 503. Moving averages indicate the presence of a short-term bearish trend for Ethereum. However, prices broke through the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to drop the value of the coin and test the support level near the area of 140.55. Where again we should expect a rebound and continued growth of the Ethereum…
LTC/USD are trading at 44.87 and continue to move as part of the correction and the upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 912 068 632. 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 42.65 area. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 52.25. Litecoin Forecast and LTC/USD Analysis December 10, 2019 In favor…
XRP/USD are trading at 0.2258 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 $9 888 356 982. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices are above the signal line area, which indicates pressure from cryptocurrency buyers. At the moment, we should expect an attempt to reduce the digital asset and test the support level near the 0.2125 area. Further, the continued growth of cryptocurrency in the region above the level of 0.2605. Ripple Forecast and XRP/USD Analysis…
BCH/USD are trading at 211.79 and continue to move as part of the correction and the bullish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 865 688 922. 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 10, 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 a rebound and…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1047. The pair continues to move within the correction and the downward channel. There is also potential for completing the formation of the «Head and Shoulders» reversal pattern. The pair again repels from the area between the signal lines, which indicates pressure from the bears. Moving averages indicate a downward trend in the pair. At the moment, we should expect an attempt to reduce and test the support area near the level of 1.1005. Where is the rebound expected and continued growth of the Euro/Dollar. The potential…
BRENT complete the trading week near the area of 63.98 dollars per barrel. And it continues to move within the correction and the downward channel. Moving averages indicate a downward trend, prices break through the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to continue the development of the correction and test the resistance area near the level of 64.65. Then a rebound and continued fall of oil to the area below the level of 50.35 dollars per barrel. BRENT oil Forecast and Analysis December 9 — 13, 2019 An…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.3106. The pair continues to move within the correction and the downward channel. Moving averages indicate a lateral trend. However, prices broke through the area between the signal lines, which indicates pressure from the bulls. At this, we should expect an attempt to reduce and test the support area near the level of 1.2435. Further, the rebound and the beginning of the growth of the Pound/Dollar quotes to the area above the level of 1.4085. GBP/USD Forecast and Analysis December 9 — 13, 2019 In favor of…