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…
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.
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…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 63.63 Rubles per US Dollar. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. In the current trading week December 9 — 13, 2019 we should expect an attempt to grow and test the resistance area near the level of 64.45. Where can we expect a rebound and the continuation of the fall of the Dollar below 60.55. USD/RUB Forecast and Analysis December 9 — 13, 2019 In favor of the fall of the Dollar/Ruble…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6825. The pair continues to move within the correction and the bearish channel. Moving averages indicate a bearish trend, prices again pushed from the area between the signal lines, which indicates pressure from sellers. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 0.6865. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6275. AUD/USD Forecast and Analysis December 9 — 13, 2019 In favor of…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3264. The pair continues to move within the correction and the bullish channel. Moving averages indicate a lateral trend. Prices rose above the level of signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3125. Then continued growth of quotations with a target above the level of 1.3765. USD/CAD Forecast and Analysis December 9 — 13, 2019 In favor of the rise of the USD/CAD currency pair,…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 108.69. The pair continues to move within the correction and the bearish channel. Moving averages indicate a bearish trend, prices returned to the area between the signal lines up, which indicates pressure from sellers. At the moment, we should expect an attempt to grow and test the resistance level near the area of 109.65. Then the rebound and the continuation of the fall of the pair in the area below the level of 103.95. USD/JPY Forecast and Analysis December 9 — 13,…
GOLD completes the trading week near the area of 1461. XAU/USD quotes continue to move as part of the correction. Moving averages indicate a bullish trend for GOLD, prices returned to the area between the signal lines, indicating a likely continuation of growth. At the moment, we should expect an attempt to correct prices and test the resistance level near the area of 1470. Further, the continuation of the fall in the price of GOLD with a potential target below the level of 1345. GOLD Price Forecast and Analysis December 9 — 13, 2019 An additional signal in favor of…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of 0.6552. Moving averages indicate a downward trend in the pair. However, prices broke through the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to fall and test the support area near the level of 0.6435. Then continued growth of the currency pair with a potential target above the level of 0.7145. NZD/USD Forecast and Analysis December 9 — 13, 2019 In favor of the growth of the NZD/USD currency pair, a test…