Bitcoin BTC/USD are trading at 9774 and continue to move as part of a decline and a bearish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $175 942 901 614. Moving averages indicate the presence of a bearish trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for July 25, 2019, we should expect an attempt to grow and test the resistance level near 10435 area. Bitcoin Forecast and Analysis BTC/USD July 25, 2019 A test of the resistance line on the relative strength indicator will be in favor of the BTC/USD quotes…
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.
Ethereum ETH/USD are trading at 210.14 and continue to move as part of a decline and a downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $22 949 839 647. Sliding averages indicate the presence of a short-term bearish trend in Ethereum. At the moment, we should expect an attempt to fall and a test of the support level near the area of 195.00. Where once again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential target below the level of 135.00. Ethereum Forecast and…
Litecoin LTC/USD are trading at 91.96 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $5 901 895 290. Moving averages indicate a short-term downward trend in Litecoin. At the moment, we should expect an attempt to rise and test the resistance level near the area of 95.05. Where can we expect a rebound again and the continuation of the fall of the Litecoin course with a potential target below the level of 60.00. Litecoin Forecast and LTC/USD Analysis July 25, 2019 In favor of the growth of…
Ripple XRP/USD are trading at 0.3103 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $13 522 801 931. Moving averages indicate a short-term downward trend in Ripple. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.3305. Further, the continuation of the fall of cryptocurrency in the region below the level of 0.2580. Ripple Forecast and XRP/USD Analysis July 25, 2019 In favor of reducing the XRP/USD quotes, a test of the downward trend line on the…
Bitcoin Cash BCH/USD are trading at 296.74 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $5 471 430 546. Moving averages indicate the presence of a short-term downward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for July 25, 2019, we should expect an attempt to continue growth and a test of the resistance level near the 330.00 area. Where can we expect a rebound again and the continuation of the fall of Bitcoin Cash digital asset with a potential target below the…
Stock index Dow Jones continue to move within the framework of the correction and the formation of the «Triangle» model. At the time of publication of the forecast, the index is trading at the level of 27244. Moving averages indicate the presence of an upward trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 27145. Where is the rebound expected and the continuation of the fall of the Dow Jones stock index quotations to the area below the level of 27745. Dow Jones Index Forecast and Analysis July 25,…
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the beginning of the development of the «Triangle» model. Moving averages indicate a short-term bearish trend in the pair. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1200. At the moment, we should expect an attempt to grow and test the resistance area near the 1.1205 area. Further, the rebound and the beginning of the decline in the currency pair Euro/Dollar. The potential goal of such a movement and the beginning of the development of the «Triangle» model is the area below…
Currency pair Pound/Dollar GBP/USD continues to move within the correction and the downward channel. At the time of the publication of the forecast, the pound rate to the US Dollar at Forex is 1.2446. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to fall and test the support area near the level of 1.2405. Where can we again expect a rebound and continued growth of the British Pound against the US Dollar. The aim of the upward movement of the currency pair, in the framework of the FOREX forecast for July 24, 2019,…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the formation of the «Head and Shoulders» reversal pattern. Moving averages indicate a short-term bullish trend. At the time of the publication of the forecast, the Australian Dollar rate to the US Dollar is 0.7025. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7060. Further, the rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6935. AUD/USD Forecast Australian Dollar July 24, 2019 In…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move in the framework of the decline. At the time of publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 108.15. Moving averages indicate a short-term bearish trend in the pair. As part of the forecast of the Japanese Yen rate for July 24, 2019, we should expect an attempt to grow and test the resistance area near the level of 108.85. Further, the rebound and the continuation of the decline of the pair USD/JPY to the area below the…