Ethereum ETH/USD are trading at 305.61 and continue to move as part of the correction and the bullish channel. Cryptocurrency capitalization at the time of publication of the forecast is $32 850 620 417. 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 295.00. Where can we again expect a rebound and continuation of the growth rate of Ethereum with a potential target above the level of 365.00. Ethereum Forecast and ETH/USD Analysis July 9,…
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 LTC/USD traded at 119.31 and continue to move within the correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 528 316 029. Moving averages indicate the presence of a short-term upward trend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the 115.05 area. Where can we expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 155.00. Litecoin Forecast and LTC/USD Analysis July 9, 2019 In favor of the growth of LTC/USD…
Ripple XRP/USD are trading at 0.3941 and continue to move as part of the decline and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $16 905 655 480. Moving averages indicate a short-term downward trend in Ripple. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.3825. Further, the continuation of cryptocurrency growth in the region above the level of 0.4855. Ripple Forecast and XRP/USD Analysis July 9, 2019 In favor of lifting XRP/USD quotes, a test of the rising trend line on…
Stock index Dow Jones continue to move in the correction and the upward channel. At the time of the publication of the forecast, the index is trading at 26823. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near the area of 26605. Where is the rebound expected from and continued growth of the Dow Jones stock index in the area above the level of 27485. Dow Jones Index Forecast and Analysis July 9, 2019 In favor of the rise of quotations of the stock index July 9, 2019…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1260 area. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 1.1405. Where is expected to rebound and the continuation of the fall of the euro dollar. The potential target of the decline is the area below the level of 1.0665. EUR/USD Forecast and Analysis July 8 — 12, 2019 In favor of the fall of the EUR/USD currency pair…
BRENT crude oil close the trading week near the area of $ 63.64 per barrel. And it continues to move within the correction. Moving averages indicate a downward trend. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 65.45. Then continued the fall of oil in the area below the level of 50.15 dollars per barrel. BRENT oil Forecast and Analysis July 8 — 12, 2019 An additional signal in favor of reducing the quotations of oil this week will be the test of the resistance line on the…
Currency pair Pound Dollar GBP/USD ends the trading week near the 1.2541 area. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. At this point, we should expect an attempt to continue the correction and test the resistance area near the level of 1.2705. Further, the beginning of the fall of the Pound Dollar quotes to the region below the level of 1.2005. GBP/USD Forecast and Analysis July 8 — 12, 2019 In favor of the fall of the British Pound will test the downward trend line on the indicator of…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 63.41 rubles for the US dollar. The pair continues to move as part of the growth and formation of the ascending «Wolfe Wave» model. Moving averages indicate a lateral trend. In the current trading week July 8 — 12, 2019, a drop in the test and support area near the level of 62.95 is expected. Where can we expect a rebound and the continuation of the growth of the dollar above the level of 66.35. USD/RUB Forecast and Analysis July 8 — 12, 2019…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.7013. The pair continues to move within the bullish correction 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 0.7075. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6555. AUD/USD Forecast and Analysis July 8 — 12, 2019 In favor of the fall of the pair on Forex will test the downward trend line…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3067. The pair continues to move within the correction and the ascending channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support level near 1.3035. Then the growth of quotations continued with the goal above the level of 1.3655 USD/CAD Forecast and Analysis July 8 — 12, 2019 A test of the rising support line on the relative strength indicator will be in favor of the USD/CAD rise. The second signal will be…