ETH/USD are trading at 144.23 and continue to move as part of the decline and the bearish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $16 192 175 198. 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 133.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 200.05. Ethereum Forecast…
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.
LTC/USD are trading at 45.29 and continue to move as part of the correction and formation of the «Expanding Formation» model. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 008 803 264. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to slightly fall and test the support level near the area of 43.45. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 70.55. Litecoin Forecast and LTC/USD Analysis November…
XRP/USD are trading at 0.2149 and continue to move as part of the decline. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $9 634 447 307. Moving averages indicate the presence of a short-term downward trend for Ripple. Prices are below the signal line area, indicating bearish pressure. At the moment, we should expect an attempt to grow a digital asset and test the resistance level near the 0.2345 area. Further, the continued fall of cryptocurrency to the area below the level of 0.1695. Ripple Forecast and XRP/USD Analysis November 28, 2019…
BCH/USD are trading at 209.06 and continue to move as part of the correction and the bearish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 883 314 212. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices are still far from the signal lines, sellers remain under pressure. As part of the cryptocurrency rate forecast for November 28, 2019, one should expect an attempt to fall in the value of the asset and test the support level near the 195.05 area. Where again we should expect a…
Currency pair Euro/Dollar EUR/USD continues to move as part of the decline and the rising channel. Moving averages indicate a short-term bearish trend for the pair, prices pushed from the area between the signal lines, indicating pressure from the sellers. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1014. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.0995. 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 1.1225. EUR/USD…
Currency pair Pound/Dollar GBP/USD 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 pound to the US Dollar at FOREX is 1.2864. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to develop the correction of the British Pound and a test of the support area near the level of 1.2780. Where again we should expect a rebound and the continuation of the rise in quotations of the British Pound currency pair against the US Dollar. The target…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the formation of the bullish «Wolfe Wave» model. Moving averages indicate a short-term bearish trend. Prices broke through the area between the signal lines, indicating pressure from the bears. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6777. At the moment, we should expect an attempt to continue to decline and test the support area near the level of 0.6740. Further, the rebound and the beginning of the growth of quotations in the area…
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 108.97. Moving averages indicate a short-term bullish trend for the pair. As part of the forecast of the Japanese Yen rate on November 27, 2019, we should expect an attempt to grow and test the resistance area near the level of 109.15. Further, the rebound and continued fall of the…
Brent continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 62.73 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices were able to break through the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to correct and test the resistance level near the area of 63.05 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and formation of the inverted «Head and Shoulders» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3311. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.3315. Further, the rebound and continued fall of the currency pair. The potential target of such a movement of the instrument on Forex quotes…