XRP/USD are trading at 0.1910 and continue to move as part of the decline and the downward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $8 579 336 669. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are below the signal line area, which indicates pressure from cryptocurrency sellers. At the moment, we should expect an attempt to develop a correction of the digital asset and a test of the resistance level near the 0.2135 area. Further, the continuation of the fall of cryptocurrency to the area below the…
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 186.95 and continue to move as part of the fall and development of the «Triangle» model. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 435 102 899. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices still continue to build on signal lines, indicating bearish pressure. As part of the cryptocurrency rate forecast for December 18, 2019, one should expect an attempt to increase the value of the asset and test the resistance level near the 195.00 area. Where again we should expect a…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the formation of the bearish model of «Wolfe Wave». 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 1.1145. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1165. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this movement is the area below the level of 1.0925. EUR/USD Forecast Euro Dollar December 17, 2019 An additional…
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 1.3368. 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 1.3195. Where again we should expect a rebound and continued growth of quotations of the British Pound currency pair against the US Dollar. The target of the upward movement of the currency pair, in the framework of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the formation of the «Wolfe Wave» bearish pattern. Moving averages indicate a short-term bullish trend. Prices push away from the area between the signal lines, which indicates pressure from buyers of the pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6888. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6925. Further, the rebound and the beginning of the fall of quotations in…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY 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 exchange rate of the US Dollar to the Japanese Yen is 109.42. 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 17, 2019, we should expect an attempt to grow and test…
Brent continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 65.41 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices continue to push from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to reduce and test the support level near the area of 63.55 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 70.05. Brent Crude Oil Forecast and…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall 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 Canadian Dollar is 1.3117. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to fall and test the support level near the area of 1.3105. Further, the rebound and continued growth of the currency pair. The potential target of such a movement of the instrument on Forex…
GOLD 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 price of GOLD is 1476 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1480. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1415. XAU/USD Forecast and GOLD analysis December 17, 2019 An additional…
Silver continue to move as part of the growth and bearish channel. At the time of the publication of the forecast, the price of Silver is 17.00 Dollars. Moving averages indicate a downward trend. At the moment, we should expect an attempt to develop a growth in the value of the metal and a test of the resistance level near the area of 17.25. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 15.75. XAG/USD Forecast Silver and Analysis December 17, 2019 In favor of…