XRP/USD are trading at 0.1904 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 $8 480 625 049. 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 0.1805. Further, the continued growth of cryptocurrency in the region above the level of…
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.
BCH/USD are trading at 252.50 and continue to move as part of the growth and upward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 683 469 549. 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 7, 2020, one should expect an attempt to develop an asset value correction and a test of the support level near the 225.05 area. Where again we…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.0794. The pair continues to move as part of the decline. Moving averages indicate a downward trend in the pair. Prices pushed from the area between the signal lines, indicating pressure from sellers of European currency. At the moment, we should expect an attempt to develop a correction and test the resistance area near the level of 1.1105. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. The potential target of the rise is the area below the level of 1.0165. EUR/USD…
BRENT complete the trading week near the area of 33.45 dollars per barrel. And it continues to move as part of the correction and the formation of a reversal model. 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 fall and test the support area near the level of 23.55. Then, a rebound and continued growth of oil in the region above the level of 53.55 dollars per barrel. BRENT crude oil Forecast and Analysis…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2243. The pair continues to move as part of the correction. Moving averages indicate a bearish trend. Prices have gone far down from the area between the signal lines down, indicating pressure from sellers. At this, we should expect an attempt to continue the development of the bullish correction and test the resistance area near the level of 1.2635. Further, the rebound and the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.1225. GBP/USD Forecast and Analysis April 6 —…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 77.04 Rubles per US Dollar. The pair continues to move as part of the correction and the upward channel. Moving averages indicate a bullish trend. Prices have gone far from the area between the signal lines, which indicates pressure from buyers of the US dollar. In the current trading week April 6 — 10, 2020 we should expect an attempt to develop growth and test the resistance area near the level of 80.95. Where can we expect a rebound and the continuation of the…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.5991. The pair continues to move as part of the correction. Moving averages indicate a bearish trend. Prices pushed from the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 0.6195. Then, a rebound and continued fall of AUD/USD with a potential target below the level of 0.5205. AUD/USD Forecast and Analysis April 6 — 10, 2020 In favor of reducing the pair on…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.4157. The pair continues to move as part of the growth of the rising channel. Moving averages indicate an uptrend. Prices have gone far up from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to develop correction and test the support level near the area of 1.3915. Then, continued growth of quotations with a target above the level of 1.4955. USD/CAD Forecast and Analysis April 6 — 10, 2020 In favor of the growth…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 108.43. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. Prices returned below the area between the signal lines down, indicating pressure from sellers of the US Dollar. At the moment, we should expect an attempt to develop a correction and test the resistance level near the area of 110.05. Then, the rebound and the continuation of the fall of the pair in the area below the level of 102.75. USD/JPY Forecast and…
GOLD completes the trading week near the area of 1619. Quotes XAU/USD continue to move as part of the growth and upward channel. Moving averages indicate a bullish trend for GOLD. Prices pushed from the area between the signal lines, which indicates pressure from buyers and the potential continuation of the upward trend. At the moment, we should expect an attempt to develop a price reduction and a test of the support level near the area of 1565. Further, the continuation of the growth in the price of GOLD with a potential target above the level of 1745. GOLD Price…