Ripple XRP/USD end the trading week at 0.2738 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 correction and test the resistance area near 0.3160. Where again we should expect a rebound and continued fall of the cryptocurrency to the area below the level of 0.1545. Ripple Forecast and Analysis November 11 — 15, 2019 In favor of the fall in XRP/USD quotes in 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.
Litecoin LTC/USD ends the trading week at 59.70 and continues to move as part of an upward correction and a downward channel. Moving averages indicate a bearish trend, which remains quite strong. Prices will make a start from signal lines. At the moment, we should expect an attempt to fall and test the support area near the level of 42.45. Where again we should expect a rebound and an attempt to start Litecoin growth with a potential target above the level of 96.65. Litecoin Forecast and Analysis November 11 — 15, 2019 An additional signal in favor of the growth…
Bitcoin Cash ends the trading week at 284.58 and continues to move as part of the correction and the downward channel. 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 reduce the value of the digital asset and test the support area near the level of 250.05. Where is the rebound expected again and an attempt to continue the growth of Bitcoin Cash with a…
BTC/USD are trading at 9180 and continue to move as part of the correction. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $166 576 190 359. Moving averages indicate the presence of a short-term upward trend in Bitcoin, prices are above the level of signal lines, which indicates pressure from the bulls. As part of the cryptocurrency rate forecast for tomorrow, November 8, 2019, we should expect an attempt to drop the digital asset and test the support level near the area of 8855. Where again we should expect a rebound and an attempt to…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the upward channel. Do not exclude the formation 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 1.1085. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1115. 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 1.0950. EUR/USD…
Currency pair Pound/Dollar GBP/USD continues to move as part of a minor correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2865. 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 1.2805. 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and bullish channel. Moving averages indicate a short-term bullish trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6905. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.6930. Further, the rebound and the beginning of the fall of quotations in the area below 0.6665. AUD/USD Forecast Australian Dollar November 8, 2019 An additional signal in favor of the fall of the AUD/USD pair…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of growth and a bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.15. Moving averages indicate the presence of a short-term bullish trend for the pair, prices pushed from the area between the signal lines, which indicates pressure from buyers. As part of the forecast for the Japanese Yen on November 8, 2019, we should expect an attempt to reduce and test the support area near the level of…
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 $ 62.39 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices have gone far from 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 60.05 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 69.05. Brent Crude Oil Forecast and analysis November 8,…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the downward channel. The inverted «Head and Shoulders» model continues to form here. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3158. Moving averages indicate the presence of a short-term bearish trend for the pair. At the moment, we should expect an attempt to continue the fall and test the support level near the area of 1.3125. Further, the rebound and continued growth of the currency pair. The potential target…