LTC/USD are trading at 48.63 and continue to move as part of the decline and the bearish channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $3 161 166 579. 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 52.05. Where again we should expect a rebound and a continued fall in the rate of Litecoin with a potential target below the level of 30.05. Litecoin Forecast and LTC/USD Analysis October…
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.
XRP/USD are trading at 0.2649 and continue to move as part of a strong fall and the start of development of the «Triangle» model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $11 693 925 380. Moving averages indicate the presence of a short-term bullish trend for Ripple, which is nearing completion. At the moment, we should expect an attempt to increase the digital asset rate and test the resistance level near the 0.2715 area. Further, the continuation of the fall of cryptocurrency to the area below the level of 0.2215. Ripple…
BCH/USD are trading at 207.97 and continue to move as part of the fall and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 792 603 525. 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 24, 2019, we should expect an attempt to correct the value of the asset and test the resistance level near the area of 230.05. Where again we should expect a rebound and continued fall of the digital asset…
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 1.1139. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.1095. 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 1.1335. EUR/USD Forecast Euro Dollar October 23, 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 1.2940. 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 1.2785. 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 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 0.6863. 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 to the area above 0.6935. AUD/USD Forecast Australian Dollar October 23, 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 an upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 108.54. Moving averages indicate a short-term bullish trend for the pair. As part of the forecast for the Japanese yen on October 23, 2019, we should expect an attempt to reduce and test the support area near the level of 107.45. Further, the rebound and continued growth of the pair USD/JPY to the area above the level…
Brent continue to move as part of the correction. At the time of the publication of the forecast, the price of Brent crude oil is $ 59.32 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we should expect an attempt to grow and test the resistance level near the area of 61.10 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 53.75. Brent Crude Oil Forecast and analysis October 23, 2019 In favor of falling quotes and Brent oil prices, a test of…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3086. 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 1.3115. Further, the rebound and continued growth of the currency pair. A potential target of this movement of quotes is the area below the level of…
GOLD continue to move as part of a slight fall and the formation of an inverted «Head and Shoulders» model. At the time of the publication of the forecast, the price of GOLD is 1,483 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 1470. 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 23, 2019…