Ethereum ETH/USD closes the trading week at 181.09 and continues to move as part of the correction and the bearish channel. Moving averages indicate a bearish trend for ETH/USD. At the moment, we should expect an attempt to continue the fall and test the support level near the area of 175.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 335.05. Ethereum Forecast and Analysis November 18 — 22, 2019 An additional signal in favor of raising the ETH/USD quotes for the current trading week November 18…
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.
Ripple XRP/USD end the trading week at 0.2627 and continue to move as part of the correction and the bearish channel. Moving averages indicate a bearish trend, continue to be repelled by signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to continue the development of the fall and test the support area near 0.2055. Where again we should expect a rebound and continued growth of the cryptocurrency in the region above the level of 0.3995. Ripple Forecast and Analysis November 18 — 22, 2019 In favor of the growth of XRP/USD quotes in the…
Litecoin LTC/USD ends the trading week at 58.73 and continues to move as part of the correction and the bearish channel. Moving averages indicate a bearish trend, which remains quite strong, prices could not break through the area between the signal lines. At the moment, we should expect an attempt to fall and test the support area near the level of 42.15. Where again we should expect a rebound and an attempt to start Litecoin growth with a potential target above the level of 115.05. Litecoin Forecast and Analysis November 18 — 22, 2019 An additional signal in favor of…
Bitcoin Cash ends the trading week at 272.86 and continues to move as part of the correction and the formation of the inverted «Head and Shoulders» model. Moving averages indicate the presence of a bearish trend, which remains strong, as we see prices repel from the area between the signal lines. As part of the forecast for the BCH/USD rate for the next trading week, we should expect an attempt to downward correction of the value of the digital asset and a test of the support area near the level of 245.05. Where again, a rebound is expected and an…
Currency pair Euro/Dollar EUR/USD continues to move as part of the decline and the beginning of development of the «Double Top» 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 1.0992. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1055. 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 1.0865. EUR/USD Forecast Euro Dollar November…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2847. 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 1.2655. 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the bullish 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 0.6783. 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 0.6615. AUD/USD Forecast Australian Dollar November 15,…
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 «Wedge» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 108.61. Moving averages indicate a short-term bullish trend for the pair. As part of the Japanese Yen rate forecast for November 15, 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 pair USD/JPY to the area…
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 $ 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 61.15 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 68.70. Brent Crude…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3262. 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 1.3185. 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 level…