GOLD continue to move as part of the correction and the formation of the inverted «Head and Shoulders» model. At the time of the publication of the forecast, the price of GOLD is 1,485 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend that is nearing completion. At the moment, we should expect an attempt to reduce and test the support level near the area of 1465. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1575. XAU/USD Forecast and GOLD analysis October 17, 2019 In…
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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.
Silver continue to move as part of the correction and the development of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the price of Silver is 17.38 Dollars. Moving averages indicate a downward trend. At the moment, we should expect an attempt to develop a correction in the value of the metal and a test of the resistance level near the area of 17.35. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 16.35. XAG/USD Forecast Silver and…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall. Moving averages indicate the presence of a short-term bearish for the pair. At the time of the publication of the FOREX forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6264. At the moment, we should expect an attempt to continue the development of the correction and test the resistance level near the area of 0.6290. Further, within the framework of the forecast and Forex analysis for tomorrow, a rebound is expected and an attempt to…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9965. Moving averages indicate the presence of a short-term bullish trend for the pair, prices continue to push from the signal lines, the pressure from the bulls persists. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.9995. Then, a rebound and continued depreciation of the…
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 64.10. Moving averages indicate a short-term downtrend. As part of the USD/RUB forecast for tomorrow October 17, 2019, we should expect an attempt to lower and test the support level near the area of 63.65 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the region above the level of…
BTC/USD are trading at 7970 and continue to move as part of the decline and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $144 100 703 017. Moving averages indicate the presence of a short-term downward trend for Bitcoin. As part of the cryptocurrency forecast for tomorrow, October 17, 2019, we should expect an attempt to increase the asset quotes and test the resistance level near the area of 8205. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a target below…
ETH/USD are trading at 172.20 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 $18 941 323 499. 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 190.05. Where again we should expect a rebound and a continuation of the Ethereum rate drop with a potential…
LTC/USD are trading at 51.42 and continue to move as part of the decline and the downward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 343 920 981. 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 53.75. Where again we should expect a rebound and continued decline in the rate of Litecoin with a potential target below the level of 44.75. Litecoin Forecast and LTC/USD Analysis October 17, 2019 In…
XRP/USD are trading at 0.2790 and continue to move as part of the growth and upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $12 209 205 529. 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 0.2655 area. Further, the continued growth of cryptocurrency in the region above the level of 0.3255. Ripple Forecast and XRP/USD Analysis October 17, 2019 In favor of reducing the…
BCH/USD are trading at 216.25 and continue to move as part of the fall and the bearish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 922 898 405. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for October 17, 2019, one should expect an attempt to correct the asset value and test the resistance level near the area of 220.05. Where again we should expect a rebound and the continued fall of the digital asset Bitcoin Cash with a potential…