The currency pair of the US Dollar vs South African Rand USD/ZAR continues to move in growth. At the time of the publication of the forecast, the course of the US Dollar to the South African Rand is 14.36. At the moment, we should expect an attempt to decrease and test the support level near the 14.15 area. Further, the continued growth of the pair in the area above the level of 14.80. USD/ZAR forecast South African Rand December 12, 2018 In favor of the growth of quotations, the South African Rand will test the trend line on the indicator…
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 3433 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $61 241 600 864. At the moment, we should expect an attempt to grow and test the resistance level near the area of 3600. Where can we expect a rebound again and an attempt to continue the fall of the Bitcoin exchange rate with a target below 2700. Bitcoin forecast & technical analysis December 11, 2018 In favor of falling BTC/USD quotes, a test of the resistance line on the relative strength index…
Ethereum ETH/USD are trading at the level of 89 and continue to move within the descending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $9 451 789 922. At the moment, we can expect an attempt to correct and test the resistance level near area 95. Where again we should expect a rebound and the continuation of the fall in Ethereum with a potential target below 55. Ethereum forecast & technical analysis December 11, 2018 An additional signal in favor of ETH/USD quotes reduction is a test of the trend line on the relative strength…
Litecoin LTC/USD traded at 24.16 and continue to move in the bearish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $1 479 706 681. At the moment, we should expect an attempt to test the resistance level near the 26.55 area. Where can we again expect a rebound and the continuation of the decline of the Litecoin rate with the target below the level of 18.20. Litecoin forecast & technical analysis December 11, 2018 In favor of the growth of LTC/USD quotes, a test of the downward trend line on the relative strength index (RSI)…
Ripple XRP/USD traded at 0.2954 and continue to move within the framework of the correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $12 360 380 809. At the moment, we can expect an attempt to grow and test the resistance level near the 0.3150 area. Further, the continuation of the decline of cryptocurrency in the region below the level of 0.2250. Ripple forecast & technical analysis December 11, 2018 In favor of the fall of the XRP/USD quotes, a test of the trend line on the relative strength…
Bitcoin Cash BCH/USD are trading at 99.68 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $1 859 490 668. At the moment, we can expect an attempt to test the resistance level near the region of 115. Where again we should expect a rebound and a further decline in the Bitcoin Cash rate with a target below 65. Bitcoin Cash forecast & technical analysis December 11, 2018 In favor of reducing the BCH/USD quotes, a test of the bearish trend line on the relative strength index (RSI)…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the euro/dollar rate is 1.1412. At the moment, we should expect an attempt to decrease and test the support level near the 1.1385 area. 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 1.1550 level. EUR/USD forecast Euro Dollar December 11, 2018 In favor of the growth of the EUR/USD quotes, a test of…
Currency pair Pound/Dollar GBP/USD continues to move in line with the decline. At the time of the publication of the forecast, the pound to the US Dollar is 1.2624. At the moment, we can expect an attempt to grow and test the resistance area near the level of 1.2705. Where again we should expect a rebound and the continuation of the decline of the pound against the dollar. The purpose of the downward movement of the currency pair, in the framework of the FOREX forecast for December 11, 2018, is the area at the level of 1.2395. GBP/USD forecast Pound…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the fall. At the time of the publication of the forecast, the Australian Dollar to the US dollar is 0.7211. At the moment, we can expect an attempt to grow and test the resistance area near the level of 0.7255. Further, the continuation of the fall of quotations in the area below the level of 0.7025. AUD/USD forecast Australian Dollar December 11, 2018 In favor of reducing the pair AUD/USD there will be a test of a broken trend line on the relative strength index…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 112.85. 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 pair USD/JPY to the area above the level of 114.75. USD/JPY forecast Japanese Yen December 11, 2018 A test of the trend line on the relative…