LTC/USD are trading at 59.40 and continue to move as part of the growth, but remain below the upper border of the bearish channel, which indicates slight pressure from the bears. A good signal to continue the upward movement will be a breakdown of the upper boundary of the channel and closing above 64.05. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 842 650 598. Moving averages indicate the presence of a short-term bearish trend for Litecoin. At the moment, we should expect an attempt to reduce and test the support level near 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 0.2903 and continue to move as part of the growth. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $12 720 652 156. Moving averages indicate the presence of a short-term bullish trend in Ripple, which is still strong, as you can see, prices are repelled from the level between the signal lines. At the moment, we should expect an attempt to correct the digital asset and a test of the support level near the 0.2795 area. Further, the continued growth of cryptocurrency in the region above the level…
BCH/USD are trading at 290.61 and continue to move as part of the growth. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 267 845 046. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash, prices are above the level of signal lines, which indicates the strength of the bulls. As part of the cryptocurrency rate forecast for November 5, 2019, one should expect an attempt to correct the asset value and test the support level near the area of 265.05. Where again we should expect a rebound and continued…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1168. The pair continues to move within the correction and the bearish channel. The pair was able to update another local maximum, which indicates pressure from buyers. Moving averages indicate a bearish trend, prices are still testing the area between the signal lines. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.1215. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. A potential reduction target is the area below the level…
BRENT complete the trading week near the area of 60.71 dollars per barrel. And it continues to move within the correction and the bearish channel. Moving averages indicate a downward trend; prices have repelled several times from signal lines, which indicates pressure from sellers. 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 62.05. Then a rebound and continued fall of oil to the area below the level of 50.35 dollars per barrel. BRENT oil Forecast and Analysis November 4 — 8, 2019 An…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2946. The pair continues to move in the framework of growth and a bearish channel. Moving averages indicate a bearish trend. At this, we should expect an attempt to develop a decline and test the support area near the level of 1.2705. Further, the rebound and the beginning of the growth of the Pound/Dollar quotes to the area above the level of 1.3805. GBP/USD Forecast and Analysis November 4 — 8, 2019 In favor of the growth of the British Pound, a test of a downward trend…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 63.38 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 4 — 8, 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 60.65. USD/RUB Forecast and Analysis November 4 — 8, 2019 In favor of the fall…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6909. The pair continues to move within the upward correction and the downward channel. Moving averages indicate a bearish trend, prices returned to the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to continue the development of growth and test the resistance area near the level of 0.6965. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6465. AUD/USD Forecast and Analysis November 4 — 8, 2019 In…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3159. The pair continues to move within the correction and the upward channel. Moving averages indicate a lateral trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.2925. Then continued growth of quotations with a target above the level of 1.3825. USD/CAD Forecast and Analysis November 4 — 8, 2019 In favor of the rise of the USD/CAD currency pair, a test of the support area on the relative strength index (RSI) will…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 108.05. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend, prices are pushing away from the area between the signal lines, which may indicate pressure from sellers. At the moment, we should expect an attempt to reduce and test the support level near the area of 107.25. Then the rebound and continued growth of the pair in the region above the level of 112.45. USD/JPY Forecast and Analysis November 4 — 8, 2019…