LTC/USD are trading at 70.72 and continue to move as part of the correction and the upward channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $4 500 400 728. Moving averages indicate the presence of a short-term bullish trend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the area of 68.35. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 77.55. Litecoin Forecast and LTC/USD Analysis September 17, 2019…
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 0.2590 and continue to move as part of the correction and the formation of the «Triangle» model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $11 270 738 267. 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 a test of the support level near the 0.2535 area. Further, the continued growth of cryptocurrency in the region above the level of 0.2750. Ripple Forecast and XRP/USD Analysis September 17, 2019 In…
BCH/USD are trading at 306.94 and continue to move as part of the correction and formation of the «Triangle» model. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 416 712 311. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for September 17, 2019, one should expect an attempt to decrease and test the support level near the area of 296.85. Where again we should expect a rebound and continued growth of the digital asset Bitcoin Cash with a potential target above…
Stock index Dow Jones continue to move in the framework of growth and the rising channel. At the time of the publication of the forecast, the index is trading at 27129. Moving averages indicate the presence of a bullish trend in the index. At the moment, we should expect an attempt to reduce quotations and test the support level near the area of 26735. Next, a rebound and continued growth of quotations of the Dow Jones stock index is expected to go above 27850. Dow Jones Index Forecast and Analysis September 17, 2019 In favor of raising the quotes of…
Natural Gas continue to move within the bullish channel. At the time of the publication of the forecast, the price of Natural Gas is $ 2.64. At the moment, we should expect an attempt to reduce and test the support level near the 2.50 area. Further, the continued growth of the gas rate in the region above the level of 2.95. Natural Gas Forecast and Analysis September 17, 2019 In favor of the growth of quotations and prices for Natural Gas, a test of the trend line on the relative strength index (RSI) will come out. The second signal will…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1103. The pair continues to move within the bullish correction and the bearish channel. Moving averages indicate the presence of a bearish trend, previously prices have many times repelled from the area between the moving averages. At the moment, we should expect an attempt to continue the correction and test the resistance area near the level of 1.1180. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. The potential target of the decline is the area below the level of 1.0765. EUR/USD…
BRENT complete the trading week near the area of 60.44 dollars per barrel. And it continues to move in the framework of the decline and the downward channel. Moving averages indicate a downward trend. At the moment, we should expect an attempt to rise and test the resistance area near the level of 62.85. Then the continuation of the fall of oil to the area below the level of 49.65 dollars per barrel. BRENT oil Forecast and Analysis September 16 — 20, 2019 An additional signal in favor of reducing oil quotes this week will be a test of the…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2454. The pair continues to move within a strong upward correction and a bearish channel. Moving averages indicate a bearish trend and prices are already testing the area between these lines. At this, we should expect an attempt to continue the development of the correction and test the resistance area near the level of 1.2535. Further, the rebound and the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.1685. GBP/USD Forecast and Analysis September 16 — 20, 2019 In favor…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 64.12 Rubles per US Dollar. The pair continues to move within the correction and the upward channel. Moving averages indicate a bullish trend. In the current trading week September 16 — 20, 2019 we should expect an attempt to fall and test the support area near the level of 63.75. Where can we expect a rebound and continued growth of the Dollar rate above the level of 70.15. USD/RUB Forecast and Analysis September 16 — 20, 2019 In favor of raising the pair Dollar/Ruble,…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6876. 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 0.6925. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6505. AUD/USD Forecast and Analysis September 16 — 20, 2019 In favor of the fall of the pair on FOREX, a test of the downward…