Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the decline and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 74.47. Moving averages indicate a short-term bearish trend. Prices pierced the area between the signal lines, indicating pressure from sellers of American currency. As part of the forecast for the Dollar on April 17, 2020, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area of 75.05 Rubles per US Dollar.…
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.
BTC/USD are trading at 7000 and continue to move as part of the correction. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $128 828 332 131. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are testing the area between the lines, which indicates pressure from the sellers of Digital Gold and the potential continuation of the fall in the near future. As part of the cryptocurrency rate forecast for tomorrow, April 17, 2020, one should expect an attempt to correct the value of the digital asset and test the resistance…
ETH/USD are trading at 168.55 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 $18 892 027 567. Moving averages indicate the presence of a short-term bearish 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 180.65. Where again we should expect a rebound and the continuation of the Ethereum rate…
LTC/USD are trading at 41.59 and continue to move as part of the correction and the upward channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $2 744 126 370. 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.…
XRP/USD are trading at 0.1860 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 $8 309 815 055. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are testing the area between the signal lines, which indicates pressure from asset sellers and a potential drop already from current levels. At the moment, we should expect an attempt to grow a digital asset and test the resistance level near the area of 0.1975. Further, the continuation of…
BCH/USD are trading at 228.23 and continue to move as part of the correction and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 217 010 842. 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 17, 2020, one should expect an attempt to develop an asset value correction and a test of the resistance level near the area of 250.05. Where again we…
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the formation of the «Triangle» model. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices pierced the area between the signal lines down, indicating pressure from sellers of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0877. As part of the Forex forecast, we should expect an attempt to develop a correction and a test of the support level near the area of 1.0935. Further, the rebound and continued growth of the Euro/Dollar currency…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and downward channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2462. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to continue the development of the growth of the British Pound and test the resistance area near the level of 1.2575. Where again we should expect a rebound and a continued fall in the quotes of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the bullish channel. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines up, which indicates pressure from buyers of the currency pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6290. At the moment, we should expect an attempt to rise and test the resistance area near the level of 0.6365. Further, the rebound and continued fall of quotations in the area below 0.5805. AUD/USD Forecast Australian…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of the inverted Head and Shoulders model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.77. Moving averages indicate a short-term bearish trend for the pair. Prices have pierced the area between the signal lines down, indicating pressure from sellers of the US Dollar. As part of the forecast for the Japanese Yen on April 16, 2020, we should expect an attempt to develop a…