XRP/USD are trading at 0.2195 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 $9 658 286 552. 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…
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.
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 $3 787 151 795. 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 11, 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…
Natural Gas continue to move as part of the decline and the downward channel. At the time of the publication of the forecast, the price of Natural Gas is $ 2.21. Moving averages indicate the presence of a bearish trend, which remains strong, as we see prices repel from the area between the signal lines. At the moment, we should expect an attempt to increase the asset quotes and test the resistance level near the area of 2.35. Further, the continuation of the fall in the gas rate in the region below the level of 1.95. Natural Gas Forecast and…
Stock index DAX 30 continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate is 12950. Moving averages indicate a bullish trend. As part of the DAX 30 exchange rate forecast for December 11, 2019, we should expect an attempt to reduce and test the support level near the area of 12765. Where can we expect a rebound and continued growth of DAX 30 quotes in the area above the level of 13850. DAX 30 Index Forecast and Analysis December 11, 2019 In favor of the…
Stock index S&P 500 continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the index is trading at 3126. At the moment, we should expect an attempt to develop a downward correction and test the support level near the area of 3055. Where can we expect a rebound and continued growth of S&P 500 quotes to the area above the level of 3215. S&P 500 Forecast and Analysis December 11, 2019 In favor of raising the quotes of the exchange index, a test of the support line on the…
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 1.1061. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.1030. 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 1.1250. EUR/USD Forecast Euro Dollar December 10, 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 bullish channel. At the time of the publication of the forecast, the pound to the US Dollar at Forex is 1.3158. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to develop the depreciation of the British Pound and a test of the support area near the level of 1.3055. Where again we should expect a rebound and the continued rise in quotations of the British Pound currency pair against the US Dollar. The target of the upward movement of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and formation of the «Triangle» model. 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 0.6832. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.6815. Further, the rebound and the beginning of the growth of quotations in the area above…
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 108.56. 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 for the Japanese Yen on December 10, 2019, we should expect an attempt to grow and…
Brent continue to move as part of the growth and development of the «Triangle» model. At the time of the publication of the forecast, the price of Brent crude oil is $ 64.19 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 continue the development of the correction and test the support level near the area of 63.75 dollars per barrel. Further, the continued growth of the oil rate in the region above the level…