LTC/USD are trading at 55.23 and continue to move as part of a downward correction. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 595 112 292. Moving averages indicate the presence of a short-term flat trend in Litecoin. At the moment, we should expect an attempt to slightly fall and test the support level near the area of 52.45. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 71.35. Litecoin Forecast and LTC/USD Analysis November 20, 2019 In favor of 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.
XRP/USD are trading at 0.2443 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 $10 830 475 370. Moving averages indicate the presence of a short-term downward trend for Ripple. Prices are below the signal line area, which indicates pressure from sellers. At the moment, we should expect an attempt to grow a digital asset and a test of the resistance level near the 0.2615 area. Further, the continued fall of cryptocurrency to the area below the level of 0.1835. Ripple Forecast and XRP/USD…
BCH/USD are trading at 242.68 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 $4 431 816 733. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices fell far from the signal lines, indicating pressure from the bears. As part of the cryptocurrency rate forecast for November 20, 2019, one should expect an attempt to correct the value of the asset and test the support level near the area of 255.05. Where again we should expect a…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the beginning of the development of the «Head and Shoulders» reversal pattern. Moving averages indicate the presence of a short-term bearish trend for the pair. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1060. 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 1.1325. EUR/USD Forecast Euro…
Currency pair Pound/Dollar GBP/USD continues to move as part of growth and the rising channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2964. 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 1.2905. 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 of the upward movement…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the rising channel. Moving averages indicate a short-term bullish trend. Prices pierced the area between the signal lines, indicating pressure from sellers. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6808. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.6855. Further, the rebound and the beginning of the fall of quotations in the area below 0.6605. AUD/USD Forecast Australian Dollar November 19,…
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 109.03. Moving averages indicate a short-term bullish trend for the pair. As part of the Japanese Yen rate forecast for November 19, 2019, we should expect an attempt to grow and test the resistance area near the level of 109.20. Further, the rebound and continued fall of the pair USD/JPY…
Brent continue to move as part of the growth and bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 63.14 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices were again able to push from the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to correct and test the support level near the area of 62.05 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 68.65. Brent Crude…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3222. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3135. Further, the rebound and continued growth of the currency pair. The potential target of such a movement of the instrument on Forex quotes is the area above the…
GOLD continue to move as part of the upward correction and the beginning of the development of the «Triangle» model. At the time of the publication of the forecast, the price of GOLD is 1458 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 1475. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1395. XAU/USD Forecast and GOLD analysis November 19, 2019 An…