Bitcoin BTC/USD are trading at the level of 10,917 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 $189 367 993 441. Moving averages indicate the presence of a downward trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for July 2, 2019, we expect an attempt at a correction and a test of the resistance level near the area of 11350. Bitcoin Forecast and Analysis BTC/USD July 2, 2019 In favor of falling BTC/USD quotes, a test of…
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 291.86 and continue to move within the correction and the ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $30 699 970 111. Moving averages indicate a short-term bullish trend in Ethereum. At the moment, we should expect an attempt to reduce and test the lower boundary of the rising channel near the area of 285.00. Where can we expect a rebound again and the continuation of the growth rate of Ethereum with a potential target above the level of 385.00. Ethereum Forecast and ETH/USD Analysis July 2, 2019 An…
Litecoin LTC/USD traded at 121.31 and continue to move within the correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 480 212 542. Moving averages indicate a short-term uptrend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the area of 105.65. Where can we again expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 150.00. Litecoin Forecast and LTC/USD Analysis July 2, 2019 The test of the support line on the relative…
Ripple XRP/USD are trading at 0.4023 and continue to move as part of the decline and the bearish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $16 994 748 571. 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 0.4075. Further, the continuation of the fall of cryptocurrency in the region below the level of 0.3505. Ripple Forecast and XRP/USD Analysis July 2, 2019 In favor of reducing the XRP/USD quotes, a test of the downward…
Bitcoin Cash BCH/USD are trading at 406.48 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 $7 135 380 572. Moving averages indicate the presence of a short-term downward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for July 2, 2019, we should expect an attempt to continue the correction and test the resistance level near the 420.00 area. Where can we expect a rebound again and the continuation of Bitcoin Cash digital asset decline with a potential target below…
Stock index Dow Jones continue to move within the growth and the bullish channel. At the time of the publication of the forecast, the index is trading at 26854. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near the area of 26655. Where is the rebound expected from and continued growth of the Dow Jones stock index in the area above the level of 27545. Dow Jones Index Forecast and Analysis July 2, 2019 In favor of the rise of quotations of the stock index on July 2,…
Currency pair Euro Dollar EUR/USD ends the trading week near the 1.1381 area. The pair continues to move within the upward correction and the downward channel. Moving averages indicate a bearish trend. Quotes are testing the area between moving averages, which indicates a strong resistance area. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 1.1500. Where is expected to rebound and the continuation of the fall of the euro dollar. The potential target for the decline is the area below 1.0755. EUR/USD Forecast and Analysis July 1 —…
BRENT crude oil complete the trading week near the area of $ 65.65 per barrel. And it continues to move within an upward correction. Moving averages indicate a bearish trend. At the moment, we can expect an attempt to continue growth and test the resistance area near the level of 66.45. Then continued the fall of oil in the area below the level of 53.85 dollars per barrel. BRENT oil Forecast and Analysis July 1 — 5, 2019 An additional signal in favor of reducing the quotations of oil this week will be the test of the resistance line on…
Currency pair Pound Dollar GBP/USD completes the trading week near the 1.2684 area. The pair continues to move within the correction and the bearish 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 1.2795. Further, the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.1955. GBP/USD Forecast and Analysis July 1 — 5, 2019 In favor of the fall of the British Pound will test the downward trend line on the indicator of relative…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 62.99 Rubles for the US Dollar. The pair continues to move within the decline and the downward channel. Moving averages indicate a lateral trend. In the current trading week, July 1 — 5, 2019, we can expect a fall and a test of the support area near the level of 62.45. Where can we expect a rebound and continued growth of the dollar above 66.55. USD/RUB Forecast and Analysis July 1 — 5, 2019 In favor of raising the pair Dollar/Ruble will test the…