Silver continue to move as part of a strong correction and a downward 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 continue the growth in the value of the metal and test the resistance level near the area of 17.70. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 16.25. XAG/USD Forecast Silver and Analysis October 9, 2019 In favor…
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.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate the presence of a short-term bearish trend for the pair. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6318. At the moment, we should expect an attempt to continue the development of the bullish correction and test the resistance level near the area of 0.6345. Further, within the framework of the forecast and Forex analysis for…
Currency pair Dollar Franc USD/CHF continues to move as part of the decline and the rising channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9914. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.9930. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9805. USD/CHF Forecast Dollar Franc October 9, 2019 An additional signal in…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 65.19. Moving averages indicate a downward trend. As part of the USD/RUB forecast for tomorrow, October 9, 2019, we should expect an attempt to lower and test the support level near the area of 64.75 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the area above the level of 67.45. USD/RUB Forecast Russian Ruble…
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…
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…