Ethereum ETH/USD are trading at 109 and continue to move within the bearish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $11 542 053 643. At the moment, we can expect an attempt to correct and test the resistance level near the region of 115. Where again we should expect a rebound and the continuation of the fall of the Ethereum rate with a potential target below 90. Ethereum forecast & technical analysis December 5, 2018 An additional signal in favor of ETH/USD quotes reduction is a test of the trend line on the relative…
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.
Litecoin LTC/USD traded at level 31 and continue to move within the bearish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $1 891 023 392. At the moment, we can expect an attempt to test the resistance level near the area of 33.50. Where once again we should expect a rebound and the continuation of the decline in the course of Litecoin with the goal below the level of 22.50. Litecoin forecast & technical analysis December 5, 2018 In favor of the growth of LTC/USD quotes, a test of a broken trend line on the…
Ripple XRP/USD are trading at 0.3482 and continue to move as part of the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $14 387 923 076. At the moment, we should expect an attempt to grow and test the resistance level near the 0.3600 area. Further, the continuation of the decline of cryptocurrency in the region below the level of 0.3050. Ripple forecast & technical analysis December 5, 2018 In favor of the fall of the XRP/USD quotes, a test of the trend line on the relative strength index (RSI) will come out. As well…
Bitcoin Cash BCH/USD are trading at 151 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $2 710 440 740. At the moment, we can expect an attempt to test the resistance level near the area of 160. Where again we should expect a rebound and a further decline in the Bitcoin Cash rate with a target below 120. Bitcoin Cash forecast & technical analysis December 5, 2018 In favor of lowering BCH/USD quotes, a test of the trend line on the relative strength index (RSI) will come…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the euro/dollar rate is 1.1405. At the moment, we should expect an attempt to decrease and test the support level near the area of 1.1335. Where can we expect a rebound and continued growth of the euro/dollar currency pair. A potential goal of such a movement is the area above the level of 1.1760. EUR/USD forecast Euro Dollar December 5, 2018 In favor of the growth of the EUR/USD quotes,…
Currency pair Pound/Dollar GBP/USD continues to move within the framework of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the pound to dollar rate is 1.2817. At the moment, we should expect an attempt to decrease and test the support area near the level of 1.2735. Where once again we should expect a rebound and the continuation of the company of the Pound against the Dollar. The target of the upward movement of the currency pair, in the FOREX forecast for December 5, 2018, is the area at the level…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of growth. At the time of the publication of the forecast, the Australian Dollar to US dollar rate is 0.7385. At the moment, we should expect an attempt to correct and test the support area near the level of 0.7300. Further, the continuation of the growth of quotations in the area above the level of 0.7465. AUD/USD forecast Australian Dollar December 5, 2018 In favor of the growth of a pair of AUD/USD will test the bullish trend line on the indicator of relative strength index (RSI).…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the decline and the formation of the «Triangle» model. At the time of publication of the forecast, the exchange rate of the US dollar to the Japanese Yen is 112.74. At the moment, we should expect an attempt to decrease and test the support area near the level of 112.55. Further, the continued growth of the USD/JPY pair to the area above the level of 113.85. USD/JPY forecast Japanese Yen December 5, 2018 A test of the trend line on the relative strength…
Quotes of BRENT continue to move in growth. At the time of the publication of the forecast, the price of BRENT oil is $ 62.83 per barrel. At the moment, we should expect an attempt to reduce and test the support level near the area of 62.50 dollars per barrel. Further, the continuation of the growth of the oil rate to the region above the level of 72.50. BRENT forecast & technical analysis December 5, 2018 In favor of the growth of quotations and prices for oil BRENT will be a test of the broken trend line on the indicator…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move in line with the decline. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3175. At the moment, we can expect an attempt to grow and test the resistance level near the 1.3220 area. Further, the continuation of the fall of the currency pair on FOREX. The potential target of the decline is the area below 1.2935. USD/CAD forecast Canadian Dollar December 5, 2018 In favor of reducing the quotations of the Canadian Dollar will test a downward…