Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the formation of a bearish model «Wedge». At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9722. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from sellers of the American currency and the potential continuation of the fall of the pair. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance…
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.
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 77.98. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from buyers of the American currency. As part of the USD/RUB forecast for tomorrow, April 3, 2020, we should expect an attempt to develop a correction and test the support level near the area of 77.75 Rubles per US Dollar. Then, a…
BTC/USD are trading at 6765 and continue to move as part of the correction. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $125 006 622 690. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are testing the area between the lines, indicating pressure from Digital Gold sellers and a potential drop in the near future. As part of the cryptocurrency rate forecast for tomorrow, April 3, 2020, one should expect an attempt to correct the value of the digital asset and test the resistance level near the area of 6905.…
ETH/USD are trading at 136.86 and continue to move as part of the decline and the formation of the «Triangle» model. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $15 544 950 456. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices pushed from the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 140.05. Where again we should expect a rebound and a…
LTC/USD are trading at 39.17 and continue to move as part of the correction and the «Triangle» model. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 608 822 366. Moving averages indicate the presence of a short-term bearish trend for Litecoin. Prices are testing the area between the signal lines down, which indicates pressure from sellers and a potential drop 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 42.05. Where again we should expect a rebound…
XRP/USD are trading at 0.1745 and continue to move as part of the correction and the downward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $7 850 058 330. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are testing the area between the signal lines, indicating pressure from asset sellers. At the moment, we should expect an attempt to grow a digital asset and test the resistance level near the area of 0.1865. Further, the continuation of the fall of cryptocurrency to the area below the level of 0.1005.…
BCH/USD are trading at 228.47 and continue to move as part of the correction and the formation of the «Triangle» model. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 321 757 708. Moving averages indicate the presence of a short-term sideways trend for 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 3, 2020, one should expect an attempt to develop an asset value correction and a test of the resistance level near the area of 235.05.…
Currency pair Euro/Dollar EUR/USD continues to move as part of the decline and the rising channel. Moving averages indicate the presence of a short-term upward trend for the pair. Prices pierced the area between the signal lines down, indicating pressure from sellers of European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0924. As part of the FOREX forecast, we should expect an attempt to develop a decline and a test of the support level near the area of 1.0875. Further, the rebound and continued growth of the Euro/Dollar currency pair. The potential target…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and upward channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2399. 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 1.2285. Where again we should expect a…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the upward channel. Moving averages indicate a short-term bearish trend. Prices pierced the area between the signal lines down, which indicates pressure from the sellers of the currency pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6074. At the moment, we should expect an attempt to fall and test the support area near the level of 0.6035. Further, the rebound and continued growth of quotations to the area above 0.6455. AUD/USD Forecast Australian…