BTC/USD are trading at 8171 and continue to move as part of the correction and the «Triangle» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $148 202 002 850. Moving averages indicate the presence of a short-term bearish trend in Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, October 9, 2019, we should expect an attempt to raise the asset quotes and test the resistance level near the area of 8385. From where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a…
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.
ETH/USD are trading at 178.54 and continue to move as part of the correction. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $19 447 468 677. Moving averages indicate the presence of a short-term lateral trend for Ethereum. At the moment, we should expect an attempt to continue the correction of the digital asset and a test of the resistance level near the area of 184.55. Where again we should expect a rebound and a continuation of the Ethereum rate drop with a potential target below the level of 147.05. Ethereum Forecast…
LTC/USD are trading at 56.52 and continue to move as part of the correction and the upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 632 762 238. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to correct and test the resistance level near the area of 58.25. Where again we should expect a rebound and a continued fall in the rate of Litecoin with a potential target below 42.45. Litecoin Forecast and LTC/USD Analysis October 9, 2019 In favor of…
XRP/USD are trading at 0.2713 and continue to move as part of the correction and the upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $11 795 738 936. Moving averages indicate the presence of a short-term bullish trend for Ripple. At the moment, we should expect an attempt to increase the rate of the digital asset and test the resistance level near the area of 0.2795. Further, the continuation of the fall of cryptocurrency to the area below the level of 0.2305. Ripple Forecast and XRP/USD Analysis October 9, 2019…
BCH/USD are trading at 231.83 and continue to move as part of the growth and upward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 166 751 407. Moving averages indicate the presence of a short-term bearish trend for Bitcoin Cash. As part of the cryptocurrency rate forecast for October 9, 2019, one should expect an attempt to increase the value of the asset and test the resistance level near the area of 240.05. Where again we should expect a rebound and continued fall of the digital asset Bitcoin Cash with a potential…
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 bearish trend for the pair, prices continue to push from the area between the lines, which indicates pressure from the bears. In general, the current trend continues for quite some time and remains strong. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0981. At the moment, we should expect an attempt to correct and test the resistance level near the area of 1.1030. Further, the rebound and continued fall of the…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2336. 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 1.2220. Where again we should expect a rebound and continued growth of quotations of the British Pound currency pair against the US Dollar. The purpose of the upward movement of the currency pair, in the framework…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the bullish correction and the downward channel. 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 0.6769. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6795. Further, a rebound from the upper border of the channel and continued decline in quotations to the area below 0.6585. AUD/USD Forecast Australian Dollar October 8, 2019 An additional signal in favor of reducing…
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 106.83. Moving averages indicate a short-term bullish 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 8, 2019, we should expect an attempt to correct and test the resistance area near the level…
Brent continue to move as part of the correction and the bearish 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 59.30 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 51.35. Brent Crude Oil Forecast and analysis October 8, 2019 In favor of falling quotes and Brent oil…