BTC/USD are trading at 8201 and continue to move as part of the correction and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $148 243 194 554. Moving averages indicate the presence of a short-term downward trend in Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, October 23, 2019, we should expect an attempt to increase the asset quotes and test the resistance level near the area of 8455. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a target…
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.
ETH/USD are trading at 170.76 and continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $18 784 023 252. Moving averages indicate the presence of a short-term downward trend in Ethereum. At the moment, we should expect an attempt to increase the value of the digital asset and test the resistance level near the area of 182.55. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential…
LTC/USD are trading at 53.85 and continue to move as part of the decline and the downward channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $3 480 126 389. Moving averages indicate the presence of a short-term bearish trend for Litecoin. At the moment, we should expect an attempt to grow and test the resistance level near the area of 60.05. Where again we should expect a rebound and continued decline in the rate of Litecoin with a potential target below the level of 38.55. Litecoin Forecast and LTC/USD Analysis October 23,…
XRP/USD are trading at 0.2914 and continue to move as part of the correction and the upward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $12 778 720 312. Moving averages indicate the presence of a short-term bullish trend in Ripple, which is still strong. At the moment, we should expect an attempt to depreciate the digital asset and a test of the support level near the 0.2845 area. Further, the continued growth of cryptocurrency in the region above the level of 0.3175. Ripple Forecast and XRP/USD Analysis October 23, 2019 In favor of…
BCH/USD are trading at 228.81 and continue to move as part of the correction and the bearish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 177 257 154. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash, which remains still quite strong. As part of the cryptocurrency forecast for October 23, 2019, one should expect an attempt to increase the value of the asset and test the resistance level near the area of 245.05. Where again we should expect a rebound and continued fall of the Bitcoin Cash…
Natural Gas continue to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the price of Natural Gas is $ 2.26. Moving averages indicate a bearish trend, which remains strong. At the moment, we should expect an attempt to correct and test the resistance level near the area of 2.55. Further, the continuation of the fall in the gas rate in the region below the level of 2.05. Natural Gas Forecast and Analysis October 23, 2019 In favor of reducing the quotes and prices for Natural Gas,…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of strong growth. 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 1.1162. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.1065. 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 1.1355. EUR/USD Forecast Euro Dollar October 22, 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 growth and the bullish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2974. 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 1.2805. 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 target of the upward movement of the currency pair, in…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of strong growth. 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 0.6874. At the moment, we should expect an attempt to fall and test the support area near the level of 0.6805. Further, a rebound from the lower border of the channel and continued growth of quotations to the area above 0.6725. AUD/USD Forecast Australian Dollar October 22, 2019 An additional signal in favor of raising the AUD/USD pair will be…
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 108.57. Moving averages indicate a short-term bullish trend for the pair. As part of the forecast for the Japanese Yen on October 22, 2019, we should expect an attempt to reduce and test the support area near the level of 107.55. Further, the rebound and continued growth of the pair USD/JPY to the area above the level…