Author: forex24pro

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 79.54. 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 March 31, 2020, we should expect an attempt to develop a correction and test the support level near the area of ​​77.05 Rubles per US Dollar. Then, a…

BTC/USD are trading at 6226 and continue to move as part of the correction and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $115 710 822 858. 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 forecast for March 31, 2020, we should expect an attempt to correct the value of the digital asset and test the resistance level near 6955. Where…

ETH/USD are trading at 128.81 and continue to move as part of the decline and the downward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $14 549 566 967. 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 ​​145.05. Where again we should expect a rebound and a continued decline in the Ethereum rate…

LTC/USD are trading at 37.84 and continue to move as part of the correction and the downward channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $2 489 689 026. 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 the area of ​​40.05. Where again…

XRP/USD are trading at 0.1692 and continue to move as part of the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $7 581 570 540. 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 ​​0.1745. Further, the continuation of the fall of cryptocurrency to the area below the…

BCH/USD are trading at 214.63 and continue to move as part of the bullish correction and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 957 093 490. 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 March 31, 2020, we should expect an attempt to develop an asset value correction and a test of the resistance level near the 242.55 area. Where again we…

World Markets, a name long associated with delivering innovative solutions for digital and physical assets trading, has opened up their high performance AI Managed Account membership to the general public. In the 37 months which the AI Managed Account trading option has been open, it has only witnessed 4 months with negative returns, accruing a compounded return of close to 100% in the last quarter alone. This novel, automated trading solution operates across several traditional asset and cryptocurrency markets at any given time. It has managed to deliver an average return of 21.77% per month since its inception which can…

Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1139 area. The pair continues to move as part of the correction after a strong fall. Moving averages indicate a downward trend in the pair. Prices are testing the area between the signal lines down, which indicates pressure from sellers of the European currency. At the moment, we should expect an attempt to develop a correction and test the resistance area near the level of 1.1265. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. The potential target of the rise is the area…

BRENT complete the trading week near the area of ​​28.15 dollars per barrel. And continues to move in the fall. 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 correction and test the resistance area near the level of 33.05. Then, a rebound and continued fall of oil to the area below the level of 14.05 dollars per barrel. BRENT crude oil Forecast and Analysis March 30 — April 3, 2020 An additional signal in…

Currency pair Pound Dollar GBP/USD completes the trading week near the area of ​​1.2449. The pair continues to move as part of a strong correction. Moving averages indicate a bearish trend. Prices pierced the area between the signal lines down, indicating pressure from sellers. At this, we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 1.2655. Further, the rebound and the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.1205. GBP/USD Forecast and Analysis March 30 — April 3, 2020 An…