BTC/USD are trading at 8432 and continue to move as part of the decline and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $154 146 893 884. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, November 19, 2019, one should expect an attempt to grow a digital asset and test the resistance level near the area of 8525. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a target…
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.
ETH/USD are trading at 180.76 and continue to move as part of the correction and the formation of the «Triangle» model. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $ 20 027 137 001. Moving averages indicate the presence of a short-term lateral trend for Ethereum. At the moment, we should expect an attempt to reduce the value of the coin and test the support level near the area of 170.45. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level…
LTC/USD are trading at 57.88 and continue to move as part of a downward correction. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 761 030 569. Moving averages indicate the presence of a short-term sideways trend in Litecoin. At the moment, we should expect an attempt to slightly fall and test the support level near the area of 53.45. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above 71.45. Litecoin Forecast and LTC/USD Analysis November 19, 2019 In favor of the growth of LTC/USD…
XRP/USD are trading at 0.2552 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 $11 352 031 781. Moving averages indicate the presence of a short-term downward trend for Ripple. Prices are below the signal line area, indicating pressure from the bears. At the moment, we should expect an attempt to grow a digital asset and test the resistance level near the 0.2665 area. Further, the continued fall of cryptocurrency to the area below the level of 0.2035. Ripple Forecast and XRP/USD Analysis November…
BCH/USD are trading at 262.32 and continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 814 064 217. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices broke through the area between the signal lines, indicating pressure from sellers. As part of the cryptocurrency rate forecast for November 19, 2019, one should expect an attempt to correct the asset value and test the support level near the area of 255.05. Where…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1031. The pair continues to move within the correction and the bearish channel. The pair was able to push off from the area between the signal lines, indicating pressure from the sellers. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall 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 target of the rise is the area above the level of 1.1665. EUR/USD Forecast and Analysis…
BRENT complete the trading week near the area of $61.86 per barrel. And it continues to move within the correction and the downward channel. Moving averages indicate a downward trend; prices have repelled several times from signal lines, which indicates pressure from the bears. At the moment, we should expect an attempt to continue the development of the upward correction and test the resistance area near the level of 63.05. Then a rebound and continued fall of oil to the area below the level of 50.15 dollars per barrel. BRENT oil Forecast and Analysis November 18 — 22, 2019 An…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2872. The pair continues to move within the correction and the bearish channel. Moving averages indicate a bearish 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 continue the development of growth and test the resistance area near the level of 1.2925. Further, the rebound and the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.2245. GBP/USD Forecast and Analysis November 18 — 22,…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 63.81 Rubles per US Dollar. The pair continues to move within the correction and the downward channel. Moving averages indicate a downward trend. In the current trading week November 18 — 22, 2019, we should expect an attempt to grow and test the resistance area near the level of 64.55. Where can we expect a rebound and the continuation of the fall of the Dollar below the level of 60.50. USD/RUB Forecast and Analysis November 18 — 22, 2019 In favor of the fall…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6792. The pair continues to move within the bullish correction and the downward channel. Moving averages indicate the presence of a bearish trend, prices again pushed from the area between the signal lines, which indicates pressure from the bears. At the moment, we should expect an attempt to continue the development of growth and test the resistance area near the level of 0.6905. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6395. AUD/USD Forecast and Analysis…