Ethereum ETH/USD closes the trading week at 177.42 and continues to move as part of the fall and the formation of the bullish «Wolfe Wave» pattern. Moving averages indicate a bearish trend for ETH/USD. At the moment, we should expect an attempt to fall and test the support level near the area of 130.45. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 250.00. Ethereum Forecast and Analysis September 16 — 20, 2019 In favor of raising the ETH/USD quotes for the current trading week from September…
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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.
Ripple XRP/USD end the trading week at 0.2512 and continue to move as part of the decline. Moving averages indicate a downward trend. At the moment, we should expect an attempt to develop a correction and test the resistance area near 0.2755. Where again we should expect a rebound and continued fall of the cryptocurrency to the area below the level of 0.1545. Ripple Forecast and Analysis September 16 — 20, 2019 In favor of reducing the XRP/USD quotes in the current trading week September 16 — 20, 2019, a test of the downward trend line on the relative strength…
Litecoin LTC/USD ends the trading week at 68.42 and continues to move as part of the decline and the beginning of the development of the «Head and Shoulders» reversal pattern. Moving averages indicate the presence of a lateral trend, which will soon change in favor of a downtrend. At the moment, we should expect an attempt to develop a correction and test the resistance area near the level of 75.00. Where again we should expect a rebound and an attempt to continue the decline in Litecoin with a potential target below the level of 45.05. Litecoin Forecast and Analysis September…
Bitcoin Cash ends the trading week at 295.35 and continues to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. 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 320.55. Where again, a rebound is expected and an attempt to continue the fall of Bitcoin Cash with a potential target below the level of 165.45. Bitcoin Cash Forecast and Analysis September 16 — 20, 2019 An…
Currency pair Euro/Dollar EUR/USD continues to move as part of the upward correction and the downward 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 1.1065. 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 1.0805. EUR/USD Forecast Euro Dollar September 13, 2019 An additional…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and formation of the «Expanding Triangle» model. Uncertainty persists. At the time of the publication of the forecast, the pound to the US Dollar at Forex is 1.2342. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to increase the British Pound and test the resistance area near the level of 1.2365. Where again we should expect a rebound and the beginning of a decline in the quotes of the British Pound currency pair against the US Dollar. The target of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and the bearish channel. Moving averages indicate a short-term bearish trend that is nearing completion. As you can see, moving averages are ready for the next intersection. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6876. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6915. Further, a rebound from the upper boundary of the channel and continued decline in quotations to the area below…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and formation of the «Wedge» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.67. Moving averages indicate the presence of a short-term downtrend for the pair, which is nearing completion. As part of the forecast of the Japanese Yen rate on September 13, 2019, we should expect an attempt to grow and test the resistance area near the level of 107.95. Further, the rebound and the beginning…
Brent continue to move in the framework of a strong fall and a downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 63.01 per barrel. Moving averages indicate the presence of a short-term bearish trend in oil, which apparently has not yet completed. At the moment, we should expect an attempt to increase and test the resistance level near the area of 61.45 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 52.90. Brent Crude Oil Forecast and analysis…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction 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 1.3188. 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 1.3225. Further, the rebound and continued fall of the currency pair. A potential target of this movement of quotes is the area below the level of 1.2975.…