XRP/USD are trading at 0.2873 and continue to move as part of the growth and bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $12 442 773 999. 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 0.2755 area. Further, the continued growth of cryptocurrency in the region above the level of 0.3175. Ripple Forecast and XRP/USD Analysis October 15, 2019 In favor of reducing the…
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 225.36 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 $4 075 821 578. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for October 15, 2019, one should expect an attempt to raise 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 Bitcoin Cash with a…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1008 area. The pair continues to move as part of a minor correction and a 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 correct and test the resistance area near the level of 1.1145. 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 1.0585. EUR/USD Forecast and Analysis October 14 — 18, 2019 In favor…
BRENT complete the trading week near the area of 60.56 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 the bears. At the moment, we should expect an attempt to upward correction and test the resistance area near the level of 61.75. Then a rebound and continued fall of oil to the area below the level of 49.65 dollars per barrel. BRENT oil Forecast and Analysis October 14 — 18, 2019 An…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2454. The pair continues to move as part of the correction against the background of the approaching Brexit and the bearish channel. Moving averages indicate a bearish trend. At this, we should expect an attempt to develop a correction and test the resistance area near the level of 1.2505. Further, the rebound and the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.1405. GBP/USD Forecast and Analysis October 14 — 18, 2019 In favor of the fall of the British…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 64.13 Rubles per US Dollar. The pair continues to move within the correction and the upward channel. Moving averages indicate a flat trend that is nearing completion. In the current trading week October 14 — 18, 2019, we should expect an attempt to reduce and test the support area near the level of 63.75. Where can we expect a rebound and continued growth of the dollar above the level of 68.60. USD/RUB Forecast and Analysis October 14 — 18, 2019 In favor of raising…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6791. The pair continues to move within the bullish correction and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to continue the development of the correction and test the resistance area near the level of 0.6855. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6395. AUD/USD Forecast and Analysis October 14 — 18, 2019 In favor of the fall of the pair on Forex, a test of…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3269. The pair continues to move within the correction and the bullish channel. Moving averages indicate a bullish trend, however, prices have already broken signal lines several times, indicating pressure from sellers. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3145. Then continued growth of quotations with a target above the level of 1.3805. USD/CAD Forecast and Analysis October 14 — 18, 2019 In favor of the rise of the USD/CAD currency pair,…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 107.99. The pair continues to move within the framework of the rise and the downward channel, and there is also the potential to complete the formation of the reversal pattern of the inverted «Head and Shoulders». Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 106.65. Then a rebound and continued growth of the pair to the area above the level of 112.35. USD/JPY Forecast and…
GOLD completes the trading week near the area of 1498. XAU/USD quotes continue to move as part of the correction and the rising channel. Moving averages indicate the presence of a bullish trend for GOLD, prices still push off from the level between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to reduce and test the support level near the area of 1465. Further, the continuation of the growth in the price of Gold with a potential target above the level of 1610. GOLD Price Forecast and Analysis October 14 — 18,…