ETH/USD are trading at 168.95 and continue to move as part of the correction and the upward channel. The Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $18 996 542 768. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices are testing the area between the signal lines, 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 185.05. Where again we should expect a rebound and the continuation 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 39.65 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 $2 633 342 599. 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 43.05.…
XRP/USD are trading at 0.1814 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 $8 120 083 809. 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 0.1855. Further, the continuation of the fall of cryptocurrency to the area below the…
BCH/USD are trading at 219.28 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 $4 082 158 705. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices push away from the area between the signal lines, which indicates pressure from sellers. As part of the cryptocurrency rate forecast for April 22, 2020, one should expect an attempt to continue the development of a bullish correction of the asset value and test the resistance level near the area…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate a short-term bearish 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 1.0874. As part of the FOREX forecast for April 21, 2020, we should expect an attempt to develop a correction and test the resistance level near the area of 1.0875. Further, the rebound and continued fall of the Euro/Dollar currency pair.…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and bearish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2455. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines down, which indicates pressure from buyers and a potential rebound up from current levels. 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 1.2605. Where again we should expect a rebound…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the formation of the «Wedge» reversal pattern. Moving averages indicate a short-term bearish 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 0.6282. At the moment, we should expect an attempt to rise and test the resistance area near the level of 0.6425. Further, the rebound and the continued fall of quotations in the area below…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and formation of the «Double Bottom» reversal pattern, as well as 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 107.69. 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 US Dollar. As part of the forecast for the Japanese Yen on April 21, 2020, we…
Brent continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 26.87 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices have gone far down from the area between the signal lines, indicating pressure from the sellers of Black Gold. At the moment, we should expect an attempt to develop an upward correction and a test of the resistance level near the area of $ 31.65 per barrel. Further, the continuation of the fall in the oil rate…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.4060. Moving averages indicate the presence of a short-term lateral trend for the pair. At the moment, we should expect an attempt to fall and test the support level near the area of 1.3940. Further, the rebound and continued growth of the currency pair on FOREX. The potential target of this movement of the instrument is the area above…