XRP/USD are trading at 0.2902 and continue to move as part of the correction and the formation of the «Triangle» model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $12 665 158 421. Moving averages indicate the presence of a short-term bullish trend for Ripple. At the moment, we should expect an attempt to depreciate the digital asset and a test of the support level near the 0.2805 area. Further, the continued growth of cryptocurrency in the region above the level of 0.3235. Ripple Forecast and XRP/USD Analysis October 22, 2019 In…
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.
BCH/USD are trading at 233.30 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 $4 202 623 918. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. As part of the cryptocurrency forecast for October 22, 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 digital asset Bitcoin Cash with a potential…
The world’s first and only cryptocurrency exchange with the Any2Any technology has successfully completed beta testing of the third version of the quantum trading core with a built-in liquidity flow that will completely change the notion of exchange trading. Surprisingly, all modern exchanges, like hundreds of years ago, still use fixed trading pairs, which are in no way connected at the level of the trading core and the order matching system. Each orderbook only contains orders placed in a specific pair. Although hundreds of cryptocurrencies have emerged, you won’t be able to directly exchange one for another on an exchange,…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1125. The pair continues to move within the correction and the bearish channel. The pair was able to update the next minimum. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.1165. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. A potential reduction target is the area below the level of 1.0545. EUR/USD Forecast and Analysis October 21 — 25, 2019 In favor of the…
BRENT complete the trading week near the area of 60.10 dollars per barrel. And it continues to move within the correction and the downward channel. Moving averages indicate the presence of a downward trend, prices several times repelled from the signal lines, which indicates the strength of sellers. At the moment, we should expect an attempt to continue the development of the upward correction and test the resistance area near the level of 61.85. Then a rebound and continued fall of oil to the area below the level of 50.05 dollars per barrel. BRENT oil Forecast and Analysis October 21…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2896. The pair continues to move in strong growth and a bearish channel. Moving averages indicate a bearish trend. At this, we should expect an attempt to develop a decline and test the support area near the level of 1.2625. Further, the rebound and the beginning of the growth of the Pound/Dollar quotes to the area above the level of 1.3535. In favor of the growth of the British Pound, a test of the broken trend line on the relative strength index (RSI) will come out. The…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 63.91 Rubles per US Dollar. The pair continues to move within the correction and the downward channel. Moving averages indicate a bullish trend that is nearing completion. In the current trading week October 21 — 25, 2019, we should expect an attempt to reduce and test the support area near the level of 62.55. Where can we expect a rebound and continued growth of the Dollar exchange rate above 66.25. USD/RUB Forecast and Analysis October 21 — 25, 2019 A rebound from the support…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6834. The pair continues to move within the upward correction and the downward channel. Moving averages indicate the presence of a bearish trend, prices have several times repelled from these lines. At the moment, we should expect an attempt to continue the development of growth and test the resistance area near the level of 0.6915. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6475. AUD/USD Forecast and Analysis October 21 — 25, 2019 In favor of…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3138. The pair continues to move as part of the decline and the rising channel. Moving averages indicate a bullish trend, but prices have already broken signal lines several times, indicating pressure from the bears. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3055. Then continued growth of quotations with a target above the level of 1.3805. USD/CAD Forecast and Analysis October 21 — 25, 2019 In favor of the rise of the…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 108.60. The pair continues to move in the framework of the ascent and the downward channel, and there is also the potential to start working out the reversal model of the inverted «Head and Shoulders». Moving averages indicate a bearish trend, prices have only returned to the area between the signal lines, which could trigger a downward rebound. At the moment, we should expect an attempt to reduce and test the support level near the area of 107.65. Then a rebound and…