BTC/USD are trading at 10400 and continue to move as part of the correction and the formation of the inverted «Head and Shoulders» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $187 586 517 470. Moving averages indicate a bearish trend in Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, September 5, 2019, we should expect an attempt to continue to fall and test the support level near the area of 9645. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a…
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.
ETH/USD are trading at 173.44 and continue to move as part of the correction and the bearish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $19 064 275 199. Moving averages indicate the presence of a short-term bearish trend for Ethereum. At the moment, we should expect an attempt to grow and test the resistance level near the area of 190.05. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below the level of 120.05. Ethereum Forecast and ETH/USD Analysis September…
LTC/USD are trading at 66.10 and continue to move as part of the decline and the bearish channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $4 265 136 738. Moving averages indicate the presence of a short-term bearish trend in Litecoin. At the moment, we should expect an attempt to grow and test the resistance level near the area of 72.25. Where again we should expect a rebound and continued decline in the rate of Litecoin with a potential target below the level of 45.05. Litecoin Forecast and LTC/USD Analysis September 5, 2019 In…
XRP/USD are trading at 0.2543 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 $11 154 355 510. Moving averages indicate the presence of a short-term downward trend for Ripple. At the moment, we should expect an attempt to correct the course of the digital asset and test the resistance level near the 0.2570 area. Further, the continuation of the fall of cryptocurrency to the area below the level of 0.2310. Ripple Forecast and XRP/USD Analysis September 5, 2019 In…
BCH/USD are trading at 292.34 and continue to move as part of the decline and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 307 370 373. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for September 5, 2019, one should expect an attempt to increase slightly and test the resistance level near the area of 305.00. Where again we should expect a rebound and continued fall of the Bitcoin Cash digital asset with a potential target below the…
Stock index Dow Jones continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the index is trading at 26322. Moving averages indicate a bearish trend on the index. At the moment, we should expect an attempt to upward correction of quotes and a test of the resistance level near the area of 26385. Further, a rebound and a continued decline in the quotes of the Dow Jones stock index in the region below the level of 24745 is expected. Dow Jones Index Forecast and Analysis September 5, 2019…
Currency pair Euro/Dollar EUR/USD continues to move as part of the decline and the beginning of the development of the «Triangle» model. 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 1.0935. At the moment, we should expect an attempt to grow and test the resistance level near the 1.1015 area. 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 4, 2019…
Currency pair Pound/Dollar GBP/USD continues to move as part of the decline and the downward channel. At the time of the publication of the forecast, the pound to the US Dollar at Forex is 1.2017. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to the next course growth and test the resistance area near the level of 1.2090. Where again we should expect a rebound and the continued fall of the British Pound against the US Dollar. The target of the downward movement of the currency pair, in the framework of the Forex…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and formation 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 0.6732. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6755. Further, a rebound from the resistance level and continued decline in quotations to the area below 0.6595. AUD/USD Forecast Australian Dollar September 4, 2019 In favor of reducing the pair AUD/USD, a test…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue 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 Japanese Yen is 106.10. Moving averages indicate the presence of a short-term downtrend for the pair. As part of the forecast for the Japanese Yen on September 4, 2019, we should expect an attempt to fall and test the support area near the level of 104.85. Further, the rebound and continued growth of the pair USD/JPY to the area…