ETH/USD are trading at 166.71 and continue to move as part of the growth and upward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $18 647 640 504. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices pushed from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to drop the value of the coin and test the support level near the area of 156.05. Where again we should expect a rebound and continued growth of the Ethereum…
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 45.10 and continue to move as part of the growth and upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 970 636 470. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices pushed from the area between the signal lines down, which indicates pressure from buyers and the potential continuation of growth from current levels. At the moment, we should expect an attempt to reduce the value of the digital asset and test the support level near the 42.25 area. Where again we should expect…
XRP/USD are trading at 0.1948 and continue to move as part of the growth and upward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $8 746 446 193. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices pushed from the area between the signal lines, indicating pressure from asset buyers. At the moment, we should expect an attempt to reduce the digital asset and test the support level near the area of 0.1905. Further, the continued growth of cryptocurrency in the region above the level of 0.2245. Ripple Forecast and…
BCH/USD are trading at 264.35 and continue to move as part of the growth and upward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 867 064 451. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices have gone up from the area between the signal lines, which indicates pressure from buyers. As part of the cryptocurrency rate forecast for April 8, 2020, one should expect an attempt to develop an asset value correction and a test of the support level near the 240.55 area. Where again we…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth. Moving averages indicate a short-term bearish trend for the pair. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0910. 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 1.0885. Further, the rebound and continued growth of the Euro/Dollar currency pair. The potential target of this movement is the…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and bullish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2353. Moving averages indicate a short-term bullish trend. Prices push from the area between the signal lines, which indicates pressure from buyers and the potential continuation of the decline in the pair. At the moment, we should expect an attempt to continue the development of the depreciation of the British Pound and test the support area near the level of 1.2245. Where again we should expect a…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and bullish channel. Moving averages indicate a short-term bullish trend. Prices pierced 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 0.6197. At the moment, we should expect an attempt to fall and test the support area near the level of 0.6075. Further, the rebound and continued growth of quotations to the area above 0.6575. AUD/USD Forecast Australian Dollar April…
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 108.97. Moving averages indicate the presence of a short-term lateral trend for the pair. Prices have pierced the area between the signal lines up, which indicates pressure from buyers of the US Dollar. As part of the forecast for the Japanese Yen on April 8, 2020, we should expect an…
Brent continue to move as part of the correction. At the time of the publication of the forecast, the price of Brent crude oil is $ 33.79 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices are testing the area between the signal lines, which indicates pressure from the sellers of Black Gold. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the area of $ 31.65 per barrel. Further, the continued growth of the oil rate in the region above the level of 53.05.…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the beginning of the development of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3980. Moving averages indicate a short-term bearish trend for the pair. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.4055. Further, the rebound and continued fall of the currency pair on Forex. The potential target of this movement of the instrument is…