ETH/USD are trading at 177.63 and continue to move as part of a bullish momentum. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $19 430 221 739. Moving averages indicate the presence of a short-term downward trend in Ethereum. At the moment, we should expect an attempt to correct the digital asset and test the resistance level near the area of 185.05. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below the level of 145.55. Ethereum Forecast and ETH/USD Analysis October 2, 2019 An…
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.
LTC/USD are trading at 54.81 and continue to move as part of the fall and the downward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 507 040 667. 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 58.65. Where again we should expect a rebound and continued decline in the rate of Litecoin with a potential target below the level of 44.45. Litecoin Forecast and LTC/USD Analysis October 2, 2019 In…
XRP/USD are trading at 0.2496 and continue to move as part of the growth and the beginning of the development of the «Triangle» model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $10 969 321 607. Moving averages indicate the presence of a short-term bearish trend for Ripple, which is nearing completion. At the moment, we should expect an attempt to depreciate the digital asset and a test of the support level near the 0.2385 area. Further, the continued growth of cryptocurrency in the region above the level of 0.2915. Ripple Forecast…
BCH/USD are trading at 224.93 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 $4 077 513 875. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for October 2, 2019, one should expect an attempt to rise 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 target below the level…
Currency pair Euro/Dollar EUR/USD continues to move as part of the decline and the beginning of the development of the «Triangle» model. 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 sellers. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0925. At the moment, we should expect an attempt to correct and test the resistance level near the area of 1.0970. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this…
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 1.2348. Moving averages indicate a short-term bullish trend, however, prices have broken through the area between the signal lines, indicating pressure from the bears. At the moment, we should expect an attempt to depreciate the British Pound and test the support area near the level of 1.2275. Where again we should expect a rebound and continued growth of quotations of the British Pound currency pair against…
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 0.6751. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6775. Further, the rebound from the upper border of the channel and the continuation of the fall of quotations in the area below 0.6655. AUD/USD Forecast Australian Dollar October 1, 2019 An additional signal in favor…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the decline and the rising channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.93. Moving averages indicate a short-term bullish trend for the pair. As part of the forecast of the Japanese Yen rate on October 1, 2019, we should expect an attempt to correct and test the resistance area near the level of 106.95. Further, the rebound and continued growth of the pair USD/JPY to the area above…
Brent continue to move as part of the correction and formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the price of Brent crude oil is $ 60.41 per barrel. Moving averages indicate a short-term bullish trend for oil, which is nearing completion. At the moment, we should expect an attempt to grow and test the resistance level near the area of 62.85 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 52.45. Brent Crude Oil Forecast and analysis October 1,…
Currency pair US Dollar to Canadian Dollar USD/CAD continues 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 Canadian Dollar is 1.3242. Moving averages indicate a short-term bullish trend for the pair, which has just begun, but does not look very strong. Prices pushed off the level of signal lines, which indicates the presence of buyers. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3185. Further, the rebound and…