Bitcoin BTC/USD are trading at 11757 and continue to move as part of the growth and formation of the «Head and Shoulders» reversal pattern. Cryptocurrency capitalization at the time of the publication of the forecast is $209 611 966 161. Moving averages indicate the presence of an upward trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for tomorrow, July 4, 2019, we should expect an attempt to decline and a test of the support level near the area of 10950. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin…
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 292.17 and continue to move within the correction and the ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $31 552 657 059. Moving averages indicate a short-term bullish trend in Ethereum. At the moment, we should expect an attempt to continue the decline and test the lower boundary of the ascending channel near the area of 285.00. 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 5, 2019…
Litecoin LTC/USD traded at 123.48 and continue to move within the correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 712 831 584. Moving averages indicate a short-term upward trend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the area of 110.05. 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 5, 2019 In favor of the growth of LTC/USD quotes, the…
Ripple XRP/USD are trading at 0.3900 and continue to move as part of the fall and the ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $16 957 652 937. Moving averages indicate a short-term upward trend in Ripple. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.3845. Further, the continuation of cryptocurrency growth in the region above the level of 0.5105. Ripple Forecast and XRP/USD Analysis July 5, 2019 In favor of lifting XRP/USD quotes, a test of the rising trend line on…
Bitcoin Cash BCH/USD are trading at 412.58 and continue to move within the downward correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 410 691 269. Moving averages indicate the presence of a short-term bullish trend on Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for July 5, 2019, we should expect an attempt to continue the decline and a test of the support level near the area of 405.00. Where can we again expect a rebound and continued growth of the digital asset Bitcoin Cash with a potential…
Stock index Dow Jones continue to move in the framework of growth and the formation of the «Triangle» model. At the time of the publication of the forecast, the index is trading at 26975. 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 26845. Where the rebound is expected from and the growth of the Dow Jones stock index in the region above the level of 27585 is expected. Dow Jones Index Forecast and Analysis July 5, 2019 In favor of…
Currency pair Euro/Dollar EUR/USD continues to move as part of a decline and a bearish channel. Moving averages indicate a short-term bearish trend for the pair. At the time of the publication of the forecast, the euro rate to the US Dollar is 1.1288. At the moment, we should expect an attempt to continue growth and test the upper boundary of the ascending channel near the area of 1.1320. Further, the rebound and the beginning of the decline in the currency pair Euro/Dollar. The potential goal of such a movement and the development of the «Wolfe Wave» model is the…
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 1.2572. 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 1.2625. 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 4, 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 uptrend. 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 0.7050. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6905. AUD/USD Forecast Australian Dollar July 4, 2019 In favor…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.71. Moving averages indicate a short-term downward trend in the pair. As part of the forecast of the Japanese Yen rate for July 4, 2019, we should expect an attempt to fall and a test of the support area near the level of 107.45. Further, the rebound and continued growth…