Litecoin LTC/USD ends the trading week at 119.34 and continues to move within the correction and the ascending channel. Moving averages indicate a bullish trend. At the moment, we can expect an attempt to continue the decline and test the support area near the level of 115.05. Where can we expect a rebound again and an attempt to continue growth on Litecoin with a potential target above the level of 185.00. Litecoin Forecast and Analysis July 8 — 12, 2019 An additional signal in favor of the growth of LTC/USD quotes in the current trading week July 8 — 12,…
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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 Cash ends the trading week at 405.88 and continues to move within the correction and the bullish channel. Moving averages indicate a bullish trend. As part of the BCH/USD exchange rate forecast for the next trading week, we can expect an attempt at a correction and a test of the support area near the level of 365.00. From where again, a rebound is expected and an attempt to continue the growth of Bitcoin Cash with a potential target above the level of 635.00. Bitcoin Cash Forecast and Analysis July 8 — 12, 2019 An additional signal 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 1.1287. At the moment, we should expect an attempt to continue growth and test the upper boundary of the ascending channel near the area of 1.1345. Further, the rebound and the beginning of the decline in the currency pair Euro/Dollar. The potential target 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 1.2573. 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 1.2620. 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 framework of the Forex forecast for…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the correction and the formation of the «Wave Wolfe» 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 0.7022. 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 0.6915. AUD/USD Forecast Australian Dollar July 5, 2019 In favor of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall and the formation of an inverted «Head and Shoulders» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.76. Moving averages indicate a short-term downward trend in the pair. As part of the forecast of the Japanese Yen rate for July 5, 2019, we should expect an attempt to decrease and test the support area near the 107.35 level. Further, the rebound and continued growth of the pair…
Brent continue to move in the correction and the ascending channel. At the time of the publication of the forecast, the price of BRENT oil is $ 63.69 per barrel. Moving averages indicate a short-term flat trend in oil. At the moment, we should expect an attempt to rise and test the resistance level near the area of 64.55 dollars per barrel. Next – the continuation of the fall of the oil in the region below the level of 59.00. BRENT Crude Oil Forecast and analysis July 5, 2019 In favor of lowering quotations and prices for oil BRENT will…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the correction and the bearish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3068. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to decrease and test the support level near the 1.3005 area. Further, the rebound and the continuation of the growth of the currency pair on Forex as part of the beginning of the development of the ascending model «Wolfe Wave». A potential target of…
GOLD continue to move within the growth and the rising channel. At the time of the publication of the forecast, the price of GOLD is 1414 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 level of support near the 1400 area. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1465. XAU/USD Forecast and GOLD analysis July 5, 2019 In favor of lifting quotes XAU/USD will test the rising trend line on…
Silver continue to move within the growth and downward channel. At the time of the publication of the forecast, prices for Silver amount to 15.26 Dollars. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to reduce the asset and test the support level near the 15.10 area. Where can we expect a rebound and continued growth in the price of Silver with the goal above the level of 15.75. XAG/USD Forecast Silver and Analysis July 5, 2019 In favor of the growth of XAG/USD quotes, a test of the support line on the relative…