ETH/USD are trading at 179.69 and continue to move as part of the correction and the downward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $19 557 874 899. Moving averages indicate the presence of a short-term Ethereum bearish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 182.45. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below 130.55. Ethereum Forecast and ETH/USD Analysis September 11, 2019 An additional signal in favor…
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.
LTC/USD are trading at 70.18 and continue to move as part of the correction and the bearish channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $4 489 613 305. Moving averages indicate the presence of a short-term bearish trend for Litecoin. At the moment, we should expect an attempt to grow and test the resistance level near the area of 73.55. Where again we should expect a rebound and continued decline in the rate of Litecoin with a potential target below 45.00. Litecoin Forecast and LTC/USD Analysis September 11, 2019 In favor…
XRP/USD are trading at 0.2567 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 $11 252 431 717. 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 0.2750 area. Further, the continuation of the fall of cryptocurrency to the area below the level of 0.1885. Ripple Forecast and XRP/USD Analysis September 11, 2019 In…
BCH/USD are trading at 305.64 and continue to move as part of the correction and the formation of the «Triangle» model. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 520 746 672. Moving averages indicate the presence of a short-term downward trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for September 11, 2019, one should expect an attempt to correct and test the resistance level near the area of 315.05. Where again we should expect a rebound and continued fall of the digital asset Bitcoin Cash with a potential target…
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 26773. Moving averages indicate the presence of a bullish trend in the index. At the moment, we should expect an attempt to correct the quotes and test the support level near the area of 26905. Further, a rebound and a continued decline in the quotes of the Dow Jones index in the region below 25435 are expected. Dow Jones Index Forecast and Analysis September 11,…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the bearish 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 1.1025. 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 1.0840. EUR/USD Forecast Euro Dollar September 10, 2019 An additional signal in favor…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and formation of the inverted «Head and Shoulders» model. Moving averages indicate the presence of a short-term bearish trend for the pair. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6434. At the moment, we should expect an attempt to develop correction and test the support level near the area of 0.6335. Further, within the framework of the forecast and Forex analysis for tomorrow, an attempt…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth 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 1.2374. 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 1.2385. 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 movement of the currency…
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. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6865. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.6805. Further, a rebound from the support level and continued growth of quotations to the area above 0.7055. AUD/USD Forecast Australian Dollar September 10, 2019 An additional signal in favor of the growth of the AUD/USD…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 106.98. Moving averages indicate a short-term bullish trend for the pair. As part of the forecast for the Japanese yen on September 10, 2019, we should expect an attempt to reduce and test the support area near the level of 106.25. Further, the rebound and continued growth of the pair USD/JPY to the area above the…