ETH/USD are trading at 144.83 and continue to move as part of the decline and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $16 079 347 193. 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 128.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 185.05. 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 43.86 and continue to move as part of the decline and formation of the «Expanding Formation» model. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 905 008 868. 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 40.25. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 70.65. Litecoin Forecast and LTC/USD Analysis December…
XRP/USD are trading at 0.2156 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 $9 510 165 928. Moving averages indicate the presence of a short-term bearish 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 0.2450 area. Further, the continued fall of cryptocurrency to the area below the level of 0.1705. Ripple Forecast and XRP/USD Analysis December 4, 2019…
BCH/USD aare trading at 211.29 and continue to move as part of the correction and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 884 937 178. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices are still pushing away from signal lines, and bear pressure remains. As part of the cryptocurrency forecast for December 4, 2019, we should expect an attempt to reduce the value of the asset and test the support level near the 190.05 area. Where again we should expect a rebound and…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of growth and a downward channel. Here the «Double Bottom» reversal pattern is formed. Moving averages indicate the presence of a short-term bearish trend for the pair, prices broke through the area between the signal lines, which indicates pressure from buyers of the Euro. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1042. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.0115. Further, the rebound and continued growth of the Euro/Dollar currency pair. The…
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 1.2923. 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 1.2885. 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 growth and formation of the bullish «Wolfe Wave» model. Moving averages indicate a short-term bearish trend. Prices returned to the area between the signal lines, indicating pressure from buyers of the pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6797. At the moment, we should expect an attempt to continue to decline and test the support area near the level of 0.6735. Further, the rebound and the beginning of the growth of quotations to the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of growth and a bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.51. Moving averages indicate a short-term bullish trend for the pair; prices are above the level of signal lines, which indicates pressure from buyers. As part of the Japanese Yen rate forecast for December 3, 2019, we should expect an attempt to grow and test the resistance area near the level of 109.65. Further, the rebound and…
Brent continue to move as part of the growth and formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the price of Brent crude oil is $ 61.60 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 sellers. At the moment, we should expect an attempt to grow and test the resistance level near the area of 62.45 dollars per barrel. Further, the continuation of the fall in the oil rate to the…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and the beginning of the 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 1.3293. Moving averages indicate a short-term bullish trend for the pair. Prices pushed off the level of signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.3310. Further, the rebound and continued fall…