LTC/USD are trading at 57.05 and continue to move as part of the growth and bullish channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 686 908 584. Moving averages indicate the presence of a short-term downward trend in Litecoin, which is nearing completion. At the moment, we should expect an attempt to fall and test the support level near the area of 56.05. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 67.25. Litecoin Forecast and LTC/USD Analysis October 11,…
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 0.2688 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 $11 806 084 188. Moving averages indicate the presence of a short-term bullish trend in Ripple, prices are testing the area of signal lines, which can provoke an increase already from the current ones. At the moment, we should expect an attempt to depreciate the digital asset and a test of the support level near the 0.2605 area. Further, the continued growth of cryptocurrency in the region…
BCH/USD are trading at 230.15 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 $4 182 377 754. Moving averages indicate the presence of a short-term flat trend for Bitcoin Cash. As part of the cryptocurrency rate forecast for October 11, 2019, one should expect an attempt to reduce the value of the asset and test the support level near the area of 215.05. Where again we should expect a rebound and continued growth of the digital asset Bitcoin Cash with a…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the bearish channel. Moving averages indicate the presence of a short-term downtrend for the pair. In general, the current trend continues for a rather long time period and remains strong. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0978. At the moment, we should expect an attempt to correct and test the resistance level near the area of 1.1025. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this movement is the area below the level…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2225. Moving averages indicate a short-term downtrend. At the moment, we should expect an attempt to increase the British Pound and a test of the resistance area near the level of 1.2295. Where again we should expect a rebound and a continued fall in quotations of the British Pound currency pair against the US Dollar. The target of the downward movement of the currency pair, in…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and formation of the «Triangle» model. Moving averages indicate a short-term bearish trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6735. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6760. Further, the rebound from the upper boundary of the model and the continuation of the fall in quotations to the area below 0.6625. AUD/USD Forecast Australian Dollar October 10, 2019 An additional signal…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.37. Moving averages indicate the presence of a short-term lateral trend for the pair. Prices are still below the signal lines, indicating bearish pressure. As part of the forecast of the Japanese Yen rate on October 10, 2019, we should expect an attempt to correct and test the resistance area…
Brent continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 58.37 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 59.85 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 51.65. Brent Crude Oil Forecast and analysis October 10, 2019 In favor of falling quotes and Brent oil…
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 1.3319. Moving averages indicate the presence of a short-term lateral trend for the pair. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3270. Further, the rebound and continued growth of the currency pair. The potential target of this movement of quotes is the area above the level of 1.3455.…
GOLD continue to move as part of a slight rise and the formation of the «Triangle» model. At the time of the publication of the forecast, the price of GOLD is 1508 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 1490. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1565. XAU/USD Forecast and GOLD analysis October 10, 2019 In favor of the rise in XAU/USD…