Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of a decline and a downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 62.84. Moving averages indicate a bearish trend. As part of the forecast for the USD/RUB exchange rate for tomorrow, July 12, 2019, we should expect an attempt of growth and a test of the resistance level near the area of 63.45 Rubles per US Dollar. Then, the rebound and the continuation of the fall of the currency pair in the area…
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.
Bitcoin BTC/USD are trading at 11660 and continue to move as part of the correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $209 597 444 596. Moving averages indicate the presence of an upward trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for July 12, 2019, we should expect an attempt to decline and a test of the support level near the area 11165. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the area…
Ethereum ETH/USD are trading at 268.95 and continue to move as part of the fall and the downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $29 177 942 592. 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 280.00. Where can we expect a rebound again and the continuation of the fall in the rate of Ethereum with a potential target below the level of 240.00. Ethereum Forecast and ETH/USD…
Litecoin LTC/USD are trading at 101.62 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $6 434 764 338. 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 110.00. 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 Forecast and LTC/USD Analysis July 12, 2019 In favor of…
Ripple XRP/USD are trading at 0.3316 and continue to move in line with the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $14 197 609 572. Moving averages indicate the presence of 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 0.3685. Further, the continuation of the fall of cryptocurrency in the area below the level of 0.2770. Ripple Forecast and XRP/USD Analysis July 12, 2019 In favor of reducing the XRP/USD quotes, a test of the downward trend…
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 $6 218 009 176. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for July 12, 2019, we should expect an attempt to continue growth and test the resistance level near the 355.00 area. Where can we expect a rebound again and the continuation of the fall of Bitcoin Cash digital asset with a potential target below 285.00. Bitcoin Cash…
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 26695. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near the 26575 area. Where the rebound is expected from and the growth of the Dow Jones stock index quotes to the area above the level of 27385 is expected. Dow Jones Index Forecast and Analysis July 12, 2019 In favor of the rise of quotations of the stock index July…
Currency pair Euro/Dollar EUR/USD continues to move in the bullish correction and the downward channel. Moving averages indicate a short-term bullish trend for the pair. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1238. At the moment, we should expect an attempt to continue the ascent and test the resistance area near the area of 1.1345. Further, the rebound and the beginning of the decline in the currency pair Euro/Dollar. The potential target of such a movement and working out the «Head and Shoulders» reversal pattern is the area below the level of 1.1055. EUR/USD…
Currency pair Pound/Dollar GBP/USD continues to move in the framework of the fall and the bearish channel. At the time of the publication of the forecast, the pound rate to the US dollar at FOREX is 1.2501. 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 1.2565. Where again we should expect a rebound and the continuation of the fall of the British Pound against the US dollar. The aim of the downward movement of the currency pair, in the framework of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the upward correction and the bearish channel. Moving averages indicate a short-term downward trend. At the time of the publication of the forecast, the Australian Dollar to the US Dollar is 0.6952. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6755. 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 11, 2019 In favor of the fall of…