BTC/USD are trading at 7208 and continue to move as part of the correction and the formation of the «Triangle» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $132 054 518 061. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are far from signal lines, indicating pressure from sellers. As part of the cryptocurrency rate forecast for tomorrow, December 12, 2019, one should expect an attempt to drop the value of a digital asset and test the support level near the area of 7125. 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.
ETH/USD are trading at 145.23 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 $15 979 907 490. 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 138.55. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 160.05. Ethereum Forecast and ETH/USD Analysis…
LTC/USD are trading at 43.71 and continue to move as part of the correction and the downward channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $2 856 035 454. 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 42.25 area. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 52.55. Litecoin Forecast and LTC/USD Analysis December 12, 2019…
XRP/USD are trading at 0.2195 and continue to move as part of the correction. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $9 630 510 360. 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 a test of the support level near the 0.2105 area. Further, the continued growth of cryptocurrency in the region above the level of 0.2395. Ripple Forecast and XRP/USD Analysis December…
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…
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…