Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the decline. 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 8, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 77.05 Rubles per US Dollar. Then, the rebound and continued…
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 7375 and continue to move as part of the growth. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $133 814 268 329. 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 8, 2020, we 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 170.44 and continue to move as part of the growth and upward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $18 739 136 167. 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 153.85. Where again we should expect a rebound and continued growth of the Ethereum rate with a…
LTC/USD are trading at 46.13 and continue to move as part of the growth and upward channel. Litecoin’s cryptocurrency capitalization at the time of the publication of the forecast is $2 972 546 852. 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 43.55. Where again we should…
XRP/USD are trading at 0.1997 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 $8 746 295 066. 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 0.1825. Further, the continued growth of cryptocurrency in the region above the level of…
BCH/USD are trading at 259.01 and continue to move as part of the growth and bullish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 713 202 914. 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 8, 2020, one should expect an attempt to develop an asset value correction and a test of the support level near the area of 240.05. Where again…
Currency pair Euro/Dollar EUR/USD continues to move as part of the decline and the downward channel. 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 European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0800. As part of the Forex forecast, we should expect an attempt to develop growth and test the resistance level near the area of 1.0885. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this movement is the area…
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 1.2300. 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 1.2255. 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 bullish 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 0.6088. At the moment, we should expect an attempt to fall and test the support area near the level of 0.6055. Further, the rebound and continued growth of quotations to the area above 0.6535. AUD/USD Forecast Australian Dollar…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.05. Moving averages indicate the presence of a short-term lateral trend for the pair. Prices have pierced the area between the signal lines up, which indicates pressure from buyers of the US Dollar. As part of the forecast for the Japanese Yen on April 7, 2020, we should expect an attempt to develop a correction and…