Bitcoin BTC/USD are trading at 10698 and continue to move as part of the correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $187 112 945 152. Moving averages indicate the presence of an upward trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for July 17, 2019, we should expect an attempt to decline and a test of the support level near the area of 10255. Where should we expect a rebound again 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.
Ethereum ETH/USD are trading at 224.62 and continue to move as part of a decline and a downward channel. Cryptocurrency capitalization at the time of publication of the forecast is $23 423 098 506. Moving averages indicate a short-term bearish trend in Ethereum. At the moment, we should expect an attempt to continue growth and test the upper boundary of the downward channel near the area of 260.00. 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 ETH/USD…
Litecoin LTC/USD are trading at 89.23 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $5 502 900 542. 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 107.25. 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 55.00. Litecoin Forecast and LTC/USD Analysis July 17, 2019 In favor of the growth of…
Ripple XRP/USD are trading at 0.3076 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $13 192 095 676. Moving averages indicate a short-term bearish trend in Ripple. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.3605. Further, the continuation of the fall of cryptocurrency in the region below the level of 0.2365. Ripple Forecast and XRP/USD Analysis July 17, 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 306.68 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $5 314 041 795. Moving averages indicate the presence of a short-term downward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for July 17, 2019, we should expect an attempt to continue the rise and a resistance level test near the 340.00 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 level…
Stock index Dow Jones continue to move within the growth and the upward channel. At the time of the publication of the forecast, the index is trading at level 27329. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near the area of 27010. Where is the rebound expected from and continued growth of the Dow Jones stock index in the area above the level of 27685. Dow Jones Index Forecast and Analysis July 17, 2019 In favor of the rise of quotations of the stock index July 17,…
Currency pair Euro/Dollar EUR/USD continues to move in the upward correction and the downward channel. Moving averages indicate the presence of a short-term side trend for the pair. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1266. At the moment, we should expect an attempt to continue growth and test the resistance area near the 1.1340 area. Further, the rebound and the beginning of the decline in the currency pair Euro/Dollar. The potential goal of such a movement and working out the «Head and Shoulders» reversal pattern is the area below the level of 1.1035.…
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 1.2531. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to rise and test the resistance area near the level of 1.2570. Where again we should expect a rebound and the continuation of the fall of the British Pound against the US Dollar. The target of the downward movement of the currency pair, in the Forex forecast for July 16, 2019,…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the upward correction and the formation of the «Wolfe Wave» 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 0.7029. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7055. Further, the rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6845. AUD/USD Forecast Australian Dollar July 16, 2019 In favor…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move in the framework of a downward correction. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.86. Moving averages indicate a short-term downward trend in the pair. As part of the forecast of the Japanese Yen rate for July 16, 2019, we should expect an attempt to fall and a test of the support area near the level of 107.55. Further, the rebound and continued growth of the pair USD/JPY to the area above…