Author: BYMARKETSCOM

Currency pair GBP/USD is trading at 1.3401. Quotes of the pair are traded below the moving average with a period of 55, indicating a bearish trend for the pair Pound/Dollar. At the moment, quotes of the pair move near the middle border of the bands of the Bollinger Bands indicator. A test of level 1.3430 is expected, from which one should expect an attempt to continue falling and further development of the downward trend with the target near the level of 1.3270. GBP/USD forecast Pound Dollar on December 8, 2017 The conservative sales area is located near the upper boundary…

Currency pair EUR/USD is trading at 1.1781. Quotes of the pair are trading below the moving average with a period of 55, indicating a bearish trend for the Euro/Dollar. At the moment, the quotes of the pair are moving near the lower border of the bands of the Bollinger Bands indicator. A test of the level of 1.1810 is expected, from which one should expect an attempt to continue falling and further development of the downward trend with the target near the level of 1.1710. EUR/USD forecast Euro Dollar on December 8, 2017 The conservative sales area is located near…

Cryptocurrency Ripple (XRP/USD) is trading at 0.2068. Quotes of the cryptocurrency are traded below the moving average with a period of 55, indicating a bearish trend for Ripple. Currently, the cryptocurrency quotes are testing the lower boundary of the Bollinger Bands indicator bars. A test of the level of 0.2120 is expected, from which one should expect an attempt to continue falling and further development of a downward trend with a target near the level of 0.1980. Ripple (XRP/USD) forecast and analysis on December 8, 2017 The conservative sales area for Ripple is near the upper boundary of the Bollinger…

Cryptocurrency Litecoin (LTC/USD) is trading at 95.09. Quotes of the cryptocurrency are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for Litecoin. Currently, the cryptocurrency quotes are testing the lower boundary of the Bollinger Bands indicator bars. A test of level 93.10 is expected, from which one should expect an attempt to continue growth and further development of an upward trend with a target near the level of 107.50. Litecoin (LTC/USD) forecast and analysis on December 8, 2017 The conservative area for buying is near the lower border of the…

Cryptocurrency Ethereum (ETH/USD) is trading at 429.51. Quotes of the cryptocurrency are traded below the moving average with a period of 55, indicating a bearish trend for Ethereum. Currently, the cryptocurrency quotes are testing the lower boundary of the Bollinger Bands indicator bars. A test of the level of 437.90 is expected, from which one should expect an attempt to continue falling and further development of a downward trend with a target near the level of 390.50. Ethereum (ETH/USD) forecast and analysis on December 8, 2017 The conservative sales area for Ethereum is near the upper boundary of the Bollinger…

Cryptocurrency Bitcoin Cash (BCH/USD) is trading at 1305.26. Quotes of the cryptocurrency are traded below the moving average with a period of 55, indicating a bearish trend for Bitcoin Cash. Currently, the cryptocurrency quotes are testing the lower boundary of the Bollinger Bands indicator bars. A test of the level of 1390.35 is expected, from which one should expect an attempt to continue falling and further development of the downward trend with a target near the level of 1060.50. Bitcoin Cash (BCH/USD) forecast and analysis on December 8, 2017 The conservative sales area is located near the upper boundary of…

Cryptocurrency Bitcoin (BTC/USD) is trading at 13852.84. Quotes of the cryptocurrency are traded above the moving average with a period of 55, which indicates the existence of a bullish trend for Bitcoin. At the moment, the quotes of the cryptocurrency test the upper boundary of the bands of the indicator Bollinger Bands. A test of the level of 13185.50 is expected, from which one should expect an attempt to continue growth and further development of the upward trend with the target near the level of 15220.80. Bitcoin (BTC/USD) forecast and analysis on December 8, 2017 The conservative buying area is…

Gold quotes are traded at the level of at 1267.55. Gold moves below the level of the moving average with a period of 55, indicating a bearish trend for Gold. At the moment, Gold quotes are moving near the lower border of the Bollinger Bands indicator bars. A level test 1270.40 is expected, from which one should expect an attempt to continue the fall and further development of the downward trend for gold with a target near the level of 1258.70. GOLD forecast and XAU/USD analysis on December 7, 2017 The conservative sales area is located near the upper boundary…

Quotes Oil WTI traded at the level of 57.25 dollars per barrel. Oil moves below the level of the moving average with a period of 55, indicating a bearish trend for Oil WTI. At the moment, oil quotes are moving near the lower border of the Bollinger Bands indicator strip. A test of the level of 57.65 dollars per barrel is expected, where again we should expect an attempt to continue the fall and further development of the downward trend for Oil near the level of 55.70 dollars per barrel. WTI crude oil forecast and analysis on December 7, 2017…

Currency USD/JPY is trading at 112.19. Quotes of the pair are traded below the moving average with a period of 55, which indicates the presence of a bearish trend for the Dollar/Yen. At the moment, the quotes of the pair are moving near the lower border of the bands of the Bollinger Bands indicator. A level test 112.40 is expected, from which it is expected to attempt to continue the fall and further develop a downward trend with a target near the level of 111.40. USD/JPY forecast Japanese Yen on December 7, 2017 The conservative sales area is located near…