ETH/USD are trading at 183.17 and continue to move as part of the correction and the formation of the «Triangle» model, which indicates the presence of uncertainty. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $20 246 592 310. Moving averages indicate the presence of a short-term bullish trend for Ethereum. At the moment, we should expect an attempt to reduce the value of the coin and test the support level near the area of 181.55. Where again we should expect a rebound and continued growth of the Ethereum rate with a…
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 60.32 and continue to move as part of the correction. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $3 925 424 074. Moving averages indicate the presence of a short-term bullish trend in Litecoin. At the moment, we should expect an attempt to insignificant correction and test the support level near the area of 56.80. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above 76.55. Litecoin Forecast and LTC/USD Analysis November 13, 2019 In favor of the growth of…
XRP/USD are trading at 0.2691 and continue to move as part of the decline. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $11 875 120 229. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices fell below the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to correct the digital asset and a test of the resistance level near the 0.2815 area. Further, the continued fall of cryptocurrency to the area below the level of 0.2075. Ripple Forecast and…
BCH/USD are trading at 285.91 and continue to move as part of the correction and the upward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 233 812 960. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash, prices are above the level of signal lines, which indicates pressure from the bulls. As part of the cryptocurrency forecast for November 13, 2019, we should expect an attempt to correct the asset value and test the support level near the 260.55 area. Where again we should expect a rebound and…
Currency pair Euro/Dollar EUR/USD continues to move as part of the decline and the rising channel. Do not exclude the completion of the formation of the «Double Top» reversal pattern. Moving averages indicate a short-term bullish trend for the pair, which is nearing completion. As you can see, prices broke through the area between the signal lines, which indicates pressure from sellers. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1024. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1065. Further, the rebound and…
Currency pair Pound/Dollar GBP/USD continues to move as part of a minor correction and an bullish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2795. 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 1.2635. 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the 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 0.6855. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.6910. Further, the rebound and the beginning of the fall of quotations in the area below 0.6695. AUD/USD Forecast Australian Dollar November 12, 2019 An additional signal in favor of the fall of the AUD/USD…
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 108.98. 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, November 12, 2019, we should expect an attempt to reduce and test the support area near the level of 108.35.…
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 $ 61.84 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices continue to build on signal lines, indicating bullish pressure. At the moment, we should expect an attempt to correct and test the support level near the area of 60.55 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 66.45. Brent Crude Oil Forecast and analysis November 12, 2019 In…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3224. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to fall and test the support level near the area of 1.3175. Further, the rebound and continued growth of the currency pair. The potential target of such a movement of the instrument on Forex quotes is the area above the level…