XRP/USD are trading at 0.2450 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 $10 694 253 239. Moving averages indicate the presence of a short-term downward trend for Ripple. At the moment, we should expect an attempt to depreciate the digital asset and test the support level near the 0.2365 area. Further, the continued growth of cryptocurrency in the region above the level of 0.2955. Ripple Forecast and XRP/USD Analysis October 4, 2019 In favor of the rise in…
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 222.59 and continue to move as part of the correction and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 025 858 947. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. As part of the cryptocurrency forecast for October 4, 2019, we should expect an attempt to increase the value of the asset and test the resistance level near the area of 227.55. 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 downward channel. Moving averages indicate 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. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0951. There is a correction as part of the development of the inverted «Head and Shoulders» model, but it is directed against the trend, strong growth should not be expected. At the moment, we should…
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 1.2304. 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 target 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 decline 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 0.6695. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6725. Further, a rebound from the upper border of the channel and continued decline in quotations to the area below 0.6590. AUD/USD Forecast Australian Dollar October 3, 2019 An additional signal in favor of reducing the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.19. Moving averages indicate a short-term bullish trend for the pair. However, prices were able to break through the area of signal lines, which indicates pressure from sellers. As part of the forecast of the Japanese Yen rate on October 3, 2019, we should expect an attempt to correct and test the resistance area near the…
Brent continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is 57.45 dollars 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 59.45 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 51.95. Brent Crude Oil Forecast and analysis October 3, 2019 In favor of falling quotes and Brent oil…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of strong growth and a bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3313. Moving averages indicate the presence of a short-term lateral trend for the pair. Prices once again pushed off the level of signal lines, which indicates the presence of bulls in the market. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3235. Further, the rebound and continued growth…
GOLD continue to move as part of the correction and the bearish channel. At the time of the publication of the forecast, the price of GOLD is 1499 Dollars per Troy Oz. Moving averages indicate a short-term downtrend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1515. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1430. XAU/USD Forecast and GOLD analysis October 3, 2019 In favor of reducing the XAU/USD quotes, a test…
Silver continue to move as part of a strong upward correction and a bearish channel. At the time of the publication of the forecast, the price of Silver is 17.54 Dollars. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to increase the value of the metal and test the resistance level near the area of 17.80. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 16.75. XAG/USD Forecast Silver and Analysis October 3, 2019 In favor of reducing…