GOLD continue to move within the framework of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the price of Gold is 1406 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 1390. Where can we expect a rebound and the continuation of the growth in the price of Gold with the goal above 1475. XAU/USD Forecast and GOLD analysis July 11, 2019 In favor of lifting quotes XAU/USD will…
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.
Silver continue to move in the framework of the decline and the downward channel. At the time of the publication of the forecast, the price of Silver is 15.17 dollars. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to grow the asset and test the resistance level near the 15.30 area. Where should we expect a rebound and continue to reduce the price of Silver with the target below the level of 14.40. XAG/USD Forecast Silver and Analysis July 11, 2019 In favor of the fall in XAG/USD quotes, a test of the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the formation of the «Wolfe Wave» model. Moving averages indicate the presence of a short-term bearish trend for the pair. At the time of publication of the Forex forecast, the New Zealand Dollar/US Dollar rate is 0.6648. At the moment, we should expect an attempt to grow the pair and test the resistance level near the 0.6745 area. Further, in the framework of the Forex forecast, an attempt to continue the fall of the currency pair to the area…
Currency pair Dollar Franc USD/CHF continues to move as part of the decline and the formation of the «Head and Shoulders» reversal pattern. At the time of publication of the Forex forecast, the rate of the US dollar to the Swiss Franc is 0.9903. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9805. Then, a rebound and the beginning of the growth of the US Dollar against the Swiss Franc with the goal above the level of 1.0145. USD/CHF…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move in an upward correction and a bearish channel. At the time of the publication of the forecast, the exchange rate of the US dollar to the Russian ruble is 63.34. Moving averages indicate a bearish trend. As part of the forecast for the USD/RUB exchange rate for tomorrow, July 11, 2019, we should expect an attempt of growth and a test of the resistance level near the region of 63.75 rubles for the US dollar. Then, a rebound and the continuation of the fall of the currency pair in the region…
Bitcoin BTC/USD are trading at 12372 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $219 425 145 990. Moving averages indicate the presence of a bullish trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for July 11, 2019, we should expect an attempt to decline and a test of the support level near the region of 11750. Where should we again expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the 14450 region. Bitcoin Forecast and…
Ethereum ETH/USD are trading at 285.79 and continue to move within the correction and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $30 745 028 445. Moving averages indicate a short-term bullish trend in Ethereum. At the moment, we should expect an attempt to continue the fall and test the lower boundary of the ascending channel near the area of 275.00. Where can we expect a rebound again and the continuation of the growth rate of Ethereum with a potential goal above the level of 360.00. Ethereum Forecast and ETH/USD Analysis July 11,…
Litecoin LTC/USD are trading at 105.23 and continue to move as part of the fall and the beginning of the development of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $6 753 453 456. Moving averages indicate a short-term upward trend in Litecoin. At the moment, we should expect an attempt to rise and test the resistance level near the area of 110.05. From where it is again necessary to expect a rebound and the continuation of the fall of the Litecoin course with a potential goal below the level of 65.00. Litecoin…
Ripple XRP/USD are trading at 0.3497 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $15 212 398 346. 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 0.3665. Further, the continuation of the fall of cryptocurrency in the area below the level of 0.2755. Ripple Forecast and XRP/USD Analysis July 11, 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 386.58 and continue to move as part of the fall. Cryptocurrency capitalization at the time of the publication of the forecast is $6 933 346 984. Moving averages indicate the presence of a short-term bullish trend on Bitcoin Cash. However, prices broke through the sliding area, which indicates strong pressure from sellers. As part of the cryptocurrency exchange rate forecast for July 11, 2019, we should expect an attempt to continue the decline and a test of the support level near the area of 375.00. Where can we again expect a rebound and continued…