Bitcoin BTC/USD ends the trading week at 7969 and continues to move as part of a strong fall and the development of the «Triangle» model has begun. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to continue to decline and test the support area near the level of 6405. Where again we should expect a rebound and continued growth of the Bitcoin rate with a potential target above the level of 11275. Bitcoin Forecast and Analysis September 30 — October 4, 2019 In favor of raising the BTC/USD quotes in the current trading week…
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.
Ethereum ETH/USD closes the trading week at 163.34 and continues to move as part of a strong fall and the formation of the bullish «Wave Wolfe» pattern. Moving averages indicate a bearish trend for ETH/USD. At the moment, we should expect an attempt to continue the fall and test the support level near the area of 145.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 235.00. Ethereum Forecast and Analysis September 30 — October 4, 2019 In favor of raising the ETH/USD quotes for the current…
Ripple XRP/USD complete the trading week at the level of 0.2343 and continue to move as part of the correction and the formation of the upward «Wave Wolfe» model. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to continue the decline and test the support area near 0.2010. Where again we should expect a rebound and continued growth of the cryptocurrency in the region above the level of 0.3445. Ripple Forecast and Analysis September 30 — October 4, 2019 In favor of the growth of XRP/USD quotes in the current trading week September 30…
Litecoin LTC/USD closes the trading week at 53.83 and continues to move as part of the correction and the formation of the upward «Wave Wolfe» model. Moving averages indicate a downward trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 45.00. Where again we should expect a rebound and an attempt to start growth in Litecoin with a potential target above the level of 80.05. Litecoin Forecast and Analysis September 30 — October 4, 2019 An additional signal in favor of the growth of LTC/USD quotes in the current…
Bitcoin Cash ends the trading week at 211.84 and continues to move as part of a strong fall and the development of the «Head and Shoulders» reversal model has begun. Moving averages indicate a bearish trend. As part of the forecast for the BCH/USD rate for the next trading week, we should expect an attempt to correct and test the resistance area near the level of 245.55. Where is the rebound expected again and an attempt to continue the fall of Bitcoin Cash with a potential target below the level of 110.05. Bitcoin Cash Forecast and Analysis September 30 —…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth and upward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9920. 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 0.9955. Then, a rebound and the beginning of the fall of the US Dollar against the Swiss Franc with a potential target below 0.9735 as part of the development of the «Head and…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and 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 the current strength of the bears. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0942. At the moment, we should expect an attempt to correct and test the resistance level near the area of 1.0955. 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 bullish 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, but prices have broken through the area between the signal lines, which indicates pressure from sellers. At the moment, we should expect an attempt to depreciate the British Pound and test the support area near the level of 1.2245. 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 correction and formation of the «Head and Shoulders» reversal pattern. 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 0.6755. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6795. Further, the rebound from the upper border of the channel and the continuation of the fall of quotations in the area below 0.6625. AUD/USD Forecast Australian Dollar September 27, 2019…
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 107.63. Moving averages indicate a short-term bullish trend for the pair. As part of the forecast of the Japanese Yen rate on September 27, 2019, we should expect an attempt to correct and test the resistance area near the level of 106.85. Further, the rebound and continued growth of the pair USD/JPY to the area above…