LTC/USD are trading at 58.22 and continue to move as part of the growth and upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 737 667 943. 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 53.65. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 70.55. Litecoin Forecast and LTC/USD Analysis October 10,…
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 0.2821 and continue to move as part of the growth and upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $12 208 952 293. 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 test the support level near the 0.2625 area. Further, the continued growth of cryptocurrency in the region above the level of 0.3205. Ripple Forecast and XRP/USD Analysis October 10, 2019 In favor of reducing the XRP/USD quotes,…
BCH/USD are trading at 237.90 and continue to move as part of the growth and bullish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 311 679 354. Moving averages indicate the presence of a short-term sideways trend in Bitcoin Cash. As part of the cryptocurrency forecast for October 10, 2019, one should expect an attempt to reduce the value of the asset and test the support level near the area of 225.05. Where again we should expect a rebound and continued growth of the digital asset Bitcoin Cash with a potential target…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the downward channel. Moving averages indicate the presence of a short-term lateral trend for the pair. In general, the current trend continues for quite some time and remains strong. At the time of the publication of the forecast, the Euro/Dolla rate is 1.0986. At the moment, we should expect an attempt to correct and test the resistance level near the area of 1.1015. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this movement is the area below the level of…
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 1.2217. 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 1.2265. 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 0.6741. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6765. Further, a rebound from the upper boundary of the model and the continuation of the fall in quotations to the area below 0.6635. AUD/USD Forecast Australian Dollar October 9, 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 106.88. Moving averages indicate a short-term bullish trend for the pair. Prices are still below signal lines, indicating seller pressure. As part of the forecast for the Japanese Yen on October 9, 2019, we should expect an attempt to correct and test the resistance area near the level of 106.05.…
Brent continue to move within the fall and the downward 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 59.25 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 50.85. Brent Crude Oil Forecast and analysis October 9, 2019 In favor of falling quotes and Brent oil prices, a…
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 1.3317. 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 1.3265. 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 1.3405.…
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 1505 Dollars per Troy Oz. Moving averages indicate a short-term downtrend. At the moment, we should expect an attempt to fall and test the support level near the area of 1480. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1560. XAU/USD Forecast and GOLD analysis October 9, 2019 In favor of the rise in XAU/USD quotes, a test of the…