Ethereum ETH/USD ends the trading week at the level of 304.56 and continues to move within the growth and ascending channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to fall and maintain the test level near the area of 255.00. Where can we expect a rebound again and the continuation of the growth rate of Ethereum with a potential target above the level of 615.00. Ethereum Forecast and Analysis July 1 — 5, 2019 In favor of the rise of ETH/USD quotes on the current trading week of July 1 — 5, 2019,…
Author: forex24pro
Ripple XRP/USD close the trading week at 0.4096 and continue to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate an uptrend. At the moment, we should expect an attempt to fall and a test of the support level near the area of 0.3955. Where once again we should expect a rebound and continued growth of cryptocurrency in the region above the level of 0.7015. Ripple Forecast and Analysis July 1 — 5, 2019 In favor of the rise of XRP/USD quotes in the current trading week of July 1 — 5, 2019,…
Litecoin LTC/USD ends the trading week at 117.26 and continues to move in the framework of the downward correction and the upward channel. Moving averages indicate a bullish trend. The potential for continuing to rise is maintained. At the moment, we should expect an attempt to reduce 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 1 — 5, 2019 An additional signal in favor of the growth of LTC/USD…
Bitcoin Cash ends the trading week at 416.38 and continues to move as part of 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 385.00. 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 745.00. Bitcoin Cash Forecast and Analysis July 1 — 5, 2019 An additional signal in…
Currency pair Euro/Dollar EUR/USD continues to move within the correction and the upward 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 1.1372. At the moment, we should expect an attempt to continue growth and test the upper boundary of the ascending channel near the 1.1400 area. Further, the rebound and the beginning of the decline in the currency pair Euro/Dollar. The potential target of such a movement and model development is the area below the level of 1.1225. EUR/USD Forecast Euro Dollar June 28,…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the pound rate to the US Dollar at FOREX is 1.2700. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to continue the rise and test the resistance area near the level of 1.2750. 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the bullish correction and the bearish channel. Moving averages indicate a short-term bearish trend. At the time of the publication of the forecast, the Australian Dollar to the US Dollar is 0.6705. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7015. Further, the rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6835. AUD/USD Forecast Australian Dollar June 28, 2019 In favor of the fall of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction and the downward channel. At the time of the publication of the forecast, the exchange rate of the US dollar to the Japanese Yen is 107.84. Moving averages indicate a short-term downward trend in the pair. As part of the forecast of the Japanese Yen rate for June 28, 2019, we should expect an attempt to rise and test the resistance area near the level of 108.05. Further, the rebound and the continuation of the USD/JPY pair decline to the area below the…
BRENT continue to move as part of the growth and formation of the «Wedge» model. At the time of the publication of the forecast, the price of BRENT oil is $ 65.05 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we should expect an attempt to rise and test the resistance level near the area of 65.65 dollars per barrel. Further, the continuation of the fall of the oil in the region below the level of 57.45. BRENT Crude Oil Forecast and analysis June 28, 2019 In favor of lowering quotations and prices for…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move in the framework of the decline and the formation of a bull pattern «Wolfe Wave». At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3131. Moving averages indicate a short-term bearish trend in the pair. At the moment, we should expect an attempt to reduce and test the support level near 1.3085. Further, the rebound and the continuation of the growth of the currency pair on FOREX. The potential target of such a movement of quotes is an area…