BTC/USD are trading at 8002 and continue to move as part of the correction and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $144 662 516 415. Moving averages indicate the presence of a short-term downward trend for Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, October 8, 2019, we should expect an attempt to raise the asset quotes and test the resistance level near the area of 8505. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a target…
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 171.13 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 $18 801 286 057. Moving averages indicate the presence of a short-term downward trend in 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 180.05. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below the level of 145.05. Ethereum Forecast…
LTC/USD are trading at 54.86 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 $3 540 617 299. 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 57.95. Where again we should expect a rebound and continued decline in the rate of Litecoin with a potential target below the level of 43.55. Litecoin Forecast and LTC/USD Analysis October 8, 2019 In…
XRP/USD are trading at 0.2525 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 $11 049 433 868. 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 0.2455 area. Further, the continued growth of cryptocurrency in the region above the level of 0.2965. Ripple Forecast and XRP/USD Analysis October 8, 2019 In favor of the rise in…
BCH/USD are trading at 221.29 and continue to move as part of the correction and the formation of the «Triangle» model. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 016 019 449. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for October 8, 2019, one should expect an attempt to increase the value of the asset and test the resistance level near the area of 228.55. Where again we should expect a rebound and continued fall of the digital asset Bitcoin…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.0973. The pair continues to move as part of the decline and the downward channel. The pair was able to update the next minimum. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to correct and test the resistance area near the level of 1.1115. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. A potential reduction target is the area below the level of 1.0605. EUR/USD Forecast and Analysis October 7 — 11, 2019 In favor…
BRENT complete the trading week near the area of 58.15 dollars per barrel. And it continues to move within the correction and the downward channel. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 61.65. Then a rebound and continued fall of oil to the area below the level of 49.05 dollars per barrel. BRENT oil Forecast and Analysis October 7 — 11, 2019 An additional signal in favor of reducing oil quotes this week will be a test of the resistance line on…
Currency pair Pound Dollar GBP/USD completes the trading week near the 1.2301 area. The pair continues to move within a rebound from the area between the signal lines and the downward channel. Moving averages indicate a bearish trend. At this, we should expect an attempt to develop a correction and test the resistance area near the level of 1.2405. Further, the rebound and the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.1605. GBP/USD Forecast and Analysis October 7 — 11, 2019 In favor of the fall of the British Pound, a test…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 64.30 Rubles per US Dollar. The pair continues to move within the lateral correction and the bullish channel. Moving averages indicate a bullish trend that is nearing completion. In the current trading week October 7 — 11, 2019 we should expect an attempt to reduce and test the support area near the level of 62.85. Where can we expect a rebound and continued growth of the dollar above the level of 69.65. USD/RUB Forecast and Analysis October 7 — 11, 2019 In favor of…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6763. The pair continues to move as part of the decline and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to develop a correction and test the resistance area near the level of 0.6805. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6285. AUD/USD Forecast and Analysis October 7 — 11, 2019 In favor of the fall of the pair on Forex, a test of the downward…