ETH/USD are trading at 159.58 and continue to move as part of the correction and the upward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $17 721 205 312. 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 165.05. Where again we should expect a rebound and a continuation of the Ethereum rate drop…
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 41.10 and continue to move as part of the correction and the upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 687 192 398. 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 43.95. Where again…
XRP/USD are trading at 0.1859 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 $8 260 289 928. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are testing the area between the signal lines, which indicates pressure from asset sellers and a potential drop already from current levels. At the moment, we should expect an attempt to grow a digital asset and test the resistance level near the area of 0.1935. Further, the continuation of…
BCH/USD are trading at 225.53 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 $4 143 206 873. 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 buyers. As part of the cryptocurrency rate forecast for April 15, 2020, one should expect an attempt to develop an asset value correction and test the resistance level near the area of 240.65. Where again we should expect…
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 are testing the area between the signal lines, which indicates pressure from sellers of European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0941. 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 1.0975. Further, the rebound and continued growth of the Euro/Dollar currency pair. The potential…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and downward channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2491. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines up, which indicates pressure from buyers. 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 1.2565. Where again we should expect a rebound and a continued fall in the quotes of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and upward channel. 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 0.6339. At the moment, we should expect an attempt to rise and test the resistance area near the level of 0.6455. Further, the rebound and the continued fall of quotations in the area below 0.5745. AUD/USD Forecast Australian Dollar…
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 107.99. Moving averages indicate the presence of a short-term lateral trend for the pair. Prices have pierced the area between the signal lines down, indicating pressure from sellers of the US Dollar. As part of the forecast for the Japanese Yen on April 14, 2020, we should expect an attempt…
Brent continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 31.56 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 $ 28.75 per barrel. Further, the continued growth of the oil rate in the region above…
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 1.3964. Moving averages indicate a short-term bearish trend for the pair. At the moment, we should expect an attempt to fall and test the support level near the area of 1.3775. 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 the level of…