Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 76.05. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of American currency. As part of the USD/RUB forecast for tomorrow, April 7, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 77.95 Rubles per US Dollar. Then,…
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 7141 and continue to move as part of the growth. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $131 238 435 116. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices pushed from the area between the lines, indicating pressure from Digital Gold buyers and a potential continuation of growth in the near future. As part of the cryptocurrency rate forecast for tomorrow, April 7, 2020, one should expect an attempt to correct the value of the digital asset and test the support level near the area…
ETH/USD are trading at 161.41 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 $18 037 423 963. 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 145.65. Where again we should expect a rebound and continued growth of the Ethereum…
LTC/USD are trading at 43.63 and continue to move as part of the growth and upward channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $2 856 219 606. 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 area of 39.85. Where again…
XRP/USD are trading at 0.1904 and continue to move as part of strong growth and an upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 480 625 049. 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 0.1805. Further, the continued growth of cryptocurrency in the region above the level of…
BCH/USD are trading at 252.50 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 $4 683 469 549. 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 7, 2020, one should expect an attempt to develop an asset value correction and a test of the support level near the 225.05 area. Where again we…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.0794. The pair continues to move as part of the decline. 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 1.1105. 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 level of 1.0165. EUR/USD…
BRENT complete the trading week near the area of 33.45 dollars per barrel. And it continues to move as part of the correction and the formation of a reversal model. 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 23.55. Then, a rebound and continued growth of oil in the region above the level of 53.55 dollars per barrel. BRENT crude oil Forecast and Analysis…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2243. The pair continues to move as part of the correction. Moving averages indicate a bearish trend. Prices have gone far down from the area between the signal lines down, indicating pressure from sellers. At this, we should expect an attempt to continue the development of the bullish correction and test the resistance area near the level of 1.2635. Further, the rebound and the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.1225. GBP/USD Forecast and Analysis April 6 —…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 77.04 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, which indicates pressure from buyers of the US dollar. In the current trading week April 6 — 10, 2020 we should expect an attempt to develop growth and test the resistance area near the level of 80.95. Where can we expect a rebound and the continuation of the…