Ripple XRP/USD end the trading week at 0.2544 and continue to move as part of the decline. Moving averages indicate a downward trend. At the moment, we should expect an attempt to rise and test the resistance area near 0.2845. Where again we should expect a rebound and continued fall of the cryptocurrency to the area below the level of 0.1695. Ripple Forecast and Analysis September 9 — 13, 2019 In favor of reducing the XRP/USD quotes in the current trading week September 9 — 13, 2019, a test of the downward trend line on the relative strength index (RSI)…
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.
Litecoin LTC/USD ends the trading week at 66.81 and continues to move as part of the decline and the beginning of the development of the «Head and Shoulders» model. Moving averages indicate a flat trend. At the moment, we should expect an attempt to grow 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 27.55. Litecoin Forecast and Analysis September 9 — 13, 2019 An additional signal in favor of a drop in LTC/USD quotes…
Bitcoin Cash ends the trading week at 298.59 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 315.55. Where again, a rebound is expected and an attempt to continue the fall of Bitcoin Cash with a potential target below the level of 165.00. Bitcoin Cash Forecast and Analysis September 9 — 13, 2019 An…
Currency pair Euro/Dollar EUR/USD continues to move as part of the upward correction and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the pair. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1053. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1075. 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 1.0835. EUR/USD Forecast Euro Dollar September 6, 2019 An additional signal in…
Currency pair Pound/Dollar GBP/USD continues to move as part of strong growth and the formation of the «Expanding Triangle» model. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2330. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to increase the British Pound and test the resistance area near the level of 1.2375. 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 movement of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of strong growth and the beginning of the development of the «Triangle» model. 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 0.6816. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.6765. Further, a rebound from the support level and continued growth of quotations to the area above 0.6975. AUD/USD Forecast Australian Dollar September 6, 2019 An additional signal in favor…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 106.78. Moving averages indicate the presence of a short-term downtrend for the pair. As part of the forecast for the Japanese yen on September 6, 2019, we should expect an attempt to fall and test the support area near the level of 105.35. Further, the rebound and continued growth of the USD/JPY pair to the area…
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 $ 60.86 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we should expect an attempt to grow and test the resistance level near the area of 61.35 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 53.45. Brent Crude Oil Forecast and analysis September 6, 2019 In favor of lower quotes and Brent oil…
Currency pair US Dollar to Canadian Dollar USD/CAD ontinues to move as part of the fall. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3202. 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 level near the area of 1.3235. 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 1.3025. USD/CAD Forecast Canadian Dollar September 6,…
GOLD continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Gold is 1540 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 1485. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1605. XAU/USD Forecast and GOLD analysis September 6, 2019 In favor of raising the XAU/USD quotes, a test of the rising…