LTC/USD are trading at 70.10 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 $4 412 755 483. Moving averages indicate the presence of a short-term bullish trend in Litecoin. At the moment, we should expect an attempt to grow and test the resistance level near the area of 71.00. Where again we should expect a rebound and continued fall of the Litecoin rate with a potential target below 60.45. Litecoin Forecast and LTC/USD Analysis September 12, 2019 In favor of the fall…
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 0.2508 and continue to move as part of the decline and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $10 929 625 939. Moving averages indicate the presence of a short-term downward trend for Ripple, which has been going on for quite some time. At the moment, we should expect an attempt to increase the digital asset rate and test the resistance level near the 0.2565 area. Further, the continuation of the fall of cryptocurrency to the area below the level of 0.2305. Ripple Forecast…
BCH/USD are trading at 298.42 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 $5 344 134 649. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for September 12, 2019, one should expect an attempt to continue growth and test the resistance level near the area of 306.05. Where again we should expect a rebound and continued fall of the digital asset Bitcoin Cash with a potential target below the…
Stock index Dow Jones continue to move as part of the growth and formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the index is trading at 26943. Quotes continue to grow, but there is potential for the formation of the «Right Leverage» model. Moving averages indicate a bullish trend in the index. At the moment, we should expect an attempt to continue the growth of quotations and a test of the resistance level near the area of 27145. Further, a rebound and a continued fall of quotations of the Dow Jones…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the bearish channel. Moving averages indicate a short-term bearish trend for the pair, which is still quite strong. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1043. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1095. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this movement is the area below the level of 1.0855. EUR/USD Forecast Euro Dollar September 11, 2019 An additional signal…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and formation of the «Expanding Triangle» model. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2331. Moving averages indicate a short-term bearish trend that is nearing completion. At the moment, we should expect an attempt to increase the British Pound and test the resistance area near the level of 1.2385. Where again we should expect a rebound and a continued decline in quotations of the British Pound currency pair against the US Dollar. The purpose of the downward…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and the downward channel. Moving averages indicate a short-term bearish trend that is nearing completion. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6858. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.6800. Further, a rebound from the support level and continued growth of quotations to the area above 0.7005. AUD/USD Forecast Australian Dollar September 11, 2019 An additional signal in favor of the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of growth and an upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.28. Moving averages indicate a short-term bullish trend for the pair. As part of the forecast of the Japanese Yen rate on September 11, 2019, we should expect an attempt to reduce and test the support area near the level of 106.50. Further, the rebound and continued growth of the pair USD/JPY to the area above the…
Brent continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 62.75 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we should expect an attempt to continue the correction and test the resistance level near the area of 63.35 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 53.55. Brent Crude Oil Forecast and analysis September 11, 2019 In favor of lower quotes and…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the decline and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3178. Moving averages indicate the presence of a short-term downtrend for the pair. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.3245. Further, the rebound and continued fall of the currency pair. The potential target of this movement of quotes is the area below the level of 1.3035.…