ETH/USD are trading at 179.90 and continue to move as part of the correction and the downward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $19 802 583 342. 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 fall in the value of the digital asset and a test of the support level near the 160.55 area. Where again we should expect a rebound and continued growth…
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.
LTC/USD are trading at 57.02 and continue to move as part of the correction, but remain below the upper border of the downward channel, which indicates pressure from the bears. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $3 682 635 450. 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 area of 52.25. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target…
XRP/USD are trading at 0.2890 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 $12 658 182 924. 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 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 0.2695 area. Further, the continued growth of cryptocurrency in the region above the level of…
BCH/USD are trading at 287.82 and continue to move as part of strong growth. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 229 823 747. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash, but the lines only crossed. As part of the cryptocurrency forecast for October 31, 2019, we should expect an attempt to correct the asset value and test the support level near the area of 260.05. Where again we should expect a rebound and continued growth of the digital asset Bitcoin Cash with a potential target…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth. Moving averages indicate the presence of a short-term bullish trend for the pair, prices could push off from the signal lines, which indicates pressure from buyers. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1106. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.1075. 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 1.1340. EUR/USD Forecast Euro…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth of the correction and the rising channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2884. 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 1.2765. 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 purpose of the upward movement of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of strong growth. Moving averages indicate the presence of a short-term bullish trend, prices have once again been able to push from the area between the signal lines, which indicates pressure from the bulls. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6865. At the moment, we should expect an attempt to fall and test the support area near the level of 0.6825. Further, a rebound from the lower border of the channel and continued growth of quotations…
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 108.91. 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 30, 2019, we should expect an attempt to reduce and test the support area near the level of 108.25. Further,…
Brent continue to move as part of the correction and formation of the «Wedge» model. At the time of the publication of the forecast, the price of Brent crude oil is $ 60.94 per barrel. Moving averages indicate a short-term downward trend in oil. However, prices broke through the area of signal lines, which indicates pressure from the bulls. At the moment, we should expect an attempt to grow and test the resistance level near the area of 62.15 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 53.65.…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall 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 1.3066. Moving averages indicate the presence of a short-term bearish trend for the pair. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.3125. Further, the rebound and continued fall of the currency pair. The potential target of such a movement of the instrument on Forex quotes is the…