Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the «Double Bottom» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.85. Moving averages indicate a short-term downtrend. As part of the USD/RUB forecast for tomorrow, October 30, 2019, we should expect an attempt to lower and test the support level near the area of 63.55 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the area above the level of…
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.
BTC/USD are trading at 9350 and continue to move as part of the growth. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $168 398 544 102. Moving averages indicate the presence of a short-term downward trend for Bitcoin, prices are above the level of signal lines, which indicates pressure from the bulls. As part of the cryptocurrency rate forecast for tomorrow, October 30, 2019, we should expect an attempt to correct the asset and test the support level near the area of 8735. Where again we should expect a rebound and an attempt to continue…
ETH/USD are trading at 184.24 and continue to move as part of the correction and the bearish channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $20 158 457 852. Moving averages indicate the presence of a short-term downward trend in Ethereum, however, prices are located above the level of signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to correct the value of the digital asset and a test of the support level near the area of 165.05. Where again we should expect a rebound and continued growth…
LTC/USD are trading at 58.53 and continue to move as part of the growth, but remain below the upper limit of the bearish channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 772 602 681. Moving averages indicate the presence of a short-term bearish trend in Litecoin, however, prices have risen above signal lines, indicating bullish pressure. At the moment, we should expect an attempt to reduce and test the support level near the area of 54.55. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential…
XRP/USD are trading at 0.3004 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 $13 100 161 787. Moving averages indicate the presence of a short-term bullish trend in Ripple, which is still strong, as we can see, prices are repelled from the level of signal lines. At the moment, we should expect an attempt to reduce the digital asset and a test of the support level near the 0.2765 area. Further, the continued growth of cryptocurrency in the region above the level of…
BCH/USD are trading at 281.32 and continue to move as part of strong growth. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 155 516 275. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash, which is nearing completion. As you can see, prices are located far from the signal lines, which indicates strong pressure from the bulls. As part of the cryptocurrency forecast for October 30, 2019, we should expect an attempt to correct the asset value and test the support level near the area of 270.05. Where again…
Currency pair Euro/Dollar EUR/USD continues to move as part of a bearish correction. Moving averages indicate a short-term bullish trend for the pair. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1091. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.1040. 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 1.1345. EUR/USD Forecast Euro Dollar October 29, 2019 An additional signal in favor of raising the EUR/USD quotes will…
Currency pair Pound/Dollar GBP/USD continues to move as part of a bearish correction and a bullish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2846. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to depreciate the British Pound and test the support area near the level of 1.2605. 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 of the currency…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of a bearish correction. Moving averages indicate the presence of a short-term bullish trend, prices continue to push from the area between the signal lines, which indicates pressure from buyers. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6827. At the moment, we should expect an attempt to fall and test the support area near the level of 0.6795. Further, a rebound from the lower border of the channel and continued growth of quotations to the area above…
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 108.68. Moving averages indicate the presence of a short-term bullish trend for the pair, prices are located above the signal lines, which indicates pressure from buyers. As part of the forecast for the Japanese Yen on October 29, 2019, we should expect an attempt to reduce and test the support area near the level of 108.15. Further,…