Ethereum are trading at 198.31 and continue to move as part of the decline and the downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $21 461 766 116. 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 220.00. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below 135.00. Ethereum Forecast and ETHUSD Analysis August 20, 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.
Litecoin are trading at 77.40 and continue to move as part of a strong correction. Cryptocurrency capitalization at the time of the publication of the forecast is $4 890 503 626. 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 85.65. Where again we should expect a rebound and continued fall of the Litecoin rate with a potential target below 55.05. Litecoin Forecast and LTCUSD Analysis August 20, 2019 In favor of the fall in LTC/USD quotes, a…
Ripple XRP/USD are trading at 0.2835 and continue to move as part of the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $12 256 589 717. 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 0.2975 area. Further, the continuation of the fall of cryptocurrency to the area below the level of 0.1855. Ripple Forecast and XRPUSD Analysis August 20, 2019 In favor of reducing the XRP/USD quotes, a…
Bitcoin Cash BCH/USD are trading at 321.06 and continue to move as part of an upward correction. Cryptocurrency capitalization at the time of the publication of the forecast is $5 763 616 624. Moving averages indicate the presence of a short-term downward trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for August 20, 2019, one should expect an attempt to grow and test the resistance level near the area of 345.00. Where again we should expect a rebound and continued fall of the Bitcoin Cash digital asset with a potential target below the level of 195.00. Bitcoin…
Stock index Dow Jones continue to move as part of the correction and the formation of a large head and shoulders reversal pattern. At the time of the publication of the forecast, the index is trading at 26123. Moving averages indicate a downward trend in the index. At the moment, we should expect an attempt to increase the index quotes and test the resistance level near the area of 26355. Where is the rebound expected and the continuation of the fall of the Dow Jones stock index quotes in the region below the level of 24250. Dow Jones Index Forecast…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1101. 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 grow and test the resistance area near the level of 1.1255. 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 1.0705. EUR/USD Forecast and Analysis August 19 — 23, 2019 In favor of the fall of the EUR/USD currency pair at…
BRENT complete the trading week near the area of 58.75 dollars per barrel. And it continues 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 the level of 62.05. Then, the continuation of the fall in oil to the area below the level of 48.85 dollars per barrel. BRENT oil Forecast and Analysis August 19 — 23, 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 1.2144. The pair continues to move within the correction and the downward 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 1.2355. 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 August 19 — 23, 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 66.34 Rubles per US Dollar. The pair continues to move in the framework of strong growth and the rising channel. Moving averages indicate a flat trend. In the current trading week, August 19 — 23, 2019, we should expect a decrease and a test of the support area near the level of 63.55. Where can we expect a rebound and continued growth of the Dollar rate above the level of 70.75. USD/RUB Forecast and Analysis August 19 — 23, 2019 In favor of the…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6775. 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 0.6305. AUD/USD Forecast and Analysis August 19 — 23, 2019 In favor of the fall of the pair on Forex, a test of the downward…