LTC/USD are trading at 64.64 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 $4 117 987 714. 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 66.55. Where again we should expect a rebound and a continued fall in the rate of Litecoin with a potential target below the level of 54.05. Litecoin Forecast and LTC/USD Analysis September 3, 2019…
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 0.2516 and continue to move as part of the decline and the downward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $10 952 740 459. 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 0.2705 area. Further, the continuation of the fall of cryptocurrency to the area below the level of 0.1555. Ripple Forecast and XRP/USD Analysis September 3, 2019 In favor of reducing…
BCH/USD are trading at 280.35 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 $5 068 317 160. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for September 3, 2019, one should expect an attempt to increase slightly and test the resistance level near the area of 290.05. 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 correction and the upward channel. At the time of the publication of the forecast, the index is trading at 26304. Moving averages indicate a bearish trend on the index. At the moment, we should expect an attempt to develop a bullish correction of quotes and a test of the resistance level near the area of 26515. Further, a rebound and a continued decline in the quotes of the Dow Jones index in the region below the level of 24575 are expected. Dow Jones Index Forecast and Analysis September 3,…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1039. The pair continues to move as part of the decline and the bearish channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.1205. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. A potential reduction target is the area below the level of 1.0635. EUR/USD Forecast and Analysis September 2 — 6, 2019 In favor of the fall of the EUR/USD currency pair at…
BRENT complete the trading week near the area of 60.16 dollars per barrel. And it continues to move as part of the decline. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to rise and test the resistance area near the level of 62.05. Then the continuation of the fall in oil to the area below the level of 46.55 dollars per barrel. BRENT oil Forecast and Analysis September 2 — 6, 2019 An additional signal in favor of reducing oil quotes this week will be a test of the resistance line on the relative…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2172. The pair continues to move within the correction and the bearish channel. Moving averages indicate a bearish trend. At this, we should expect an attempt to develop an upward correction and test the resistance area near the level of 1.2435. Further, the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.1645. GBP/USD Forecast and Analysis September 2 — 6, 2019 In favor of the fall of the British Pound, a test of the downward resistance line on the relative…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 66.44 Rubles per US Dollar. The pair continues to move in the framework of growth and the bullish channel. Moving averages indicate a bullish trend. In the current trading week September 2 — 6, 2019, we should expect a decrease and a test of the support area near the level of 64.65. Where can we expect a rebound and continued growth of the Dollar rate above the level of 71.55. USD/RUB Forecast and Analysis September 2 — 6, 2019 In favor of the rise…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6716. The pair continues to move as part of the decline and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to develop a correction and test the resistance area near the level of 0.6875. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6360. AUD/USD Forecast and Analysis September 2 — 6, 2019 A test of a downtrend on the relative strength index (RSI) will be in favor…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3307. The pair continues to move in the framework of growth and the rising channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3145. Then continued growth of quotations with a target above the level of 1.3955. USD/CAD Forecast and Analysis September 2 — 6, 2019 In favor of the rise of the USD/CAD currency pair, a test of the support line on the relative strength index…