ETH/USD are trading at 180.46 and continue to move as part of the correction and the upward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $20 189 084 578. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices pierced the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 185.05. Where again we should expect a rebound and the continuation of the Ethereum rate…
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.
LTC/USD are trading at 42.01 and continue to move as part of the correction and the upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 762 613 261. Moving averages indicate the presence of a short-term bearish trend for Litecoin. Prices are testing the area between the signal lines, which indicates pressure from sellers and the potential continuation of the fall already from current levels. At the moment, we should expect an attempt to increase the value of the digital asset and test the resistance level near the area of 45.05. Where again…
XRP/USD are trading at 0.1886 and continue to move as part of the correction and the upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 467 159 696. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have pierced the area between the signal lines up, which indicates pressure from buyers of the asset. At the moment, we should expect an attempt to grow a digital asset and test the resistance level near the area of 0.1995. Further, the continuation of the fall of cryptocurrency to…
BCH/USD are trading at 233.61 and continue to move as part of the correction and the bearish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 321 849 702. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices are testing the area between the signal lines, which indicates pressure from sellers. As part of the cryptocurrency rate forecast for April 21, 2020, one should expect an attempt to continue the development of the asset value correction and test the resistance level near the area of 255.05. Where again…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.0817. The pair continues to move as part of the decline and the downward channel. Moving averages indicate a downward trend in the pair. Prices pushed from the area between the signal lines, indicating pressure from sellers of European currency. At the moment, we should expect an attempt to develop a correction and test the resistance area near the level of 1.1175. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. The potential target of the rise is the area below the…
BRENT complete the trading week near the area of $ 27.92 per barrel. And it continues to move as part of the correction and the formation of the «Double Bottom» reversal pattern. Moving averages indicate a bearish trend. Prices pushed from the area between the signal lines, indicating strong pressure from sellers of raw materials. At the moment, we should expect an attempt to develop a fall and test the support area near the level of 22.05. Then, a rebound and continued growth of oil in the region above the level of $ 45.05 per barrel. BRENT crude oil Forecast…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2424. The pair continues to move as part of a strong bullish correction. Moving averages indicate a bearish trend. Prices pushed from the area between the signal lines down, indicating pressure from sellers and the potential continuation of the fall of the British Pound against the US Dollar. At this, we should expect an attempt to continue the development of the upward correction and test the resistance area near the level of 1.2645. Further, the rebound and the beginning of the fall of the Pound/Dollar quotes to…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 74.26 Rubles per US Dollar. The pair continues to move as part of the correction and the upward channel. Moving averages indicate a bullish trend. Prices have gone far from the area between the signal lines, indicating pressure from buyers of the US dollar. In the current trading week, April 20 — 24, 2020 we should expect an attempt to develop a fall and test the support area near the level of 70.45. Where can we expect a rebound and continued growth of the…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6328. The pair continues to move as part of the correction. Moving averages indicate a bearish trend. Prices pushed from the area between the signal lines, which indicates pressure from sellers and a potential drop already from current levels. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 0.6455. Then, a rebound and continued fall of AUD/USD with a potential target below the level of 0.5545. AUD/USD Forecast and Analysis April 20 —…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.4100. The pair continues to move as part of the correction and the upward channel. Moving averages indicate a bullish trend. Prices have gone far up from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of 1.3685. Then, continued growth of quotations with a target above the level of 1.4855. USD/CAD Forecast and Analysis April 20 — 24, 2020 In…