Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of growth and the rising channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 66.30. Moving averages indicate a short-term bullish trend. Prices push from the area between the signal lines, which indicates pressure from buyers of the American currency. As part of the USD/RUB forecast for tomorrow March 5, 2020, we should expect an attempt to lower and test the support level near the area of 65.45 Rubles per US Dollar. Then, a rebound and…
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 8701 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 $159 286 845 129. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices have gone down from the area between the lines, indicating pressure from the sellers of Digital Gold. As part of the cryptocurrency rate forecast for tomorrow, March 5, 2020, we should expect an attempt to drop the value of the digital asset and test the support level near the area of 8465.…
ETH/USD are trading at 219.89 and continue to move as part of the correction and the downward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $24 554 329 416. 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 the sellers, however, the potential for a rebound is still there. At the moment, we should expect an attempt to drop the value of the coin and test the support level near the area of 210.05. Where again we should…
LTC/USD are trading at 58.54 and continue to move as part of the decline and the formation of the «Wedge» model. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 829 243 505. Moving averages indicate the presence of a short-term bearish trend in Litecoin. Prices have gone far from the area between the signal lines down, which indicates pressure from sellers. At the moment, we should expect an attempt to reduce the value of the digital asset and test the support level near the 51.65 area. Where again we should expect a rebound and…
XRP/USD are trading at 0.2292 and continue to move as part of the fall and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $10 187 600 023. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have gone far from the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to reduce the digital asset and test the support level near the 0.2155 area. Further, the continued growth of cryptocurrency in the region above the level of…
BCH/USD are trading at 312.12 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 $5 774 604 019. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices have gone far from the area between the signal lines, indicating pressure from sellers. As part of the cryptocurrency rate forecast for March 5, 2020, one should expect an attempt to develop a decrease in the value of the asset and a test of the support level near the area…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of strong growth. Prices have reached an important area of resistance. Moving averages indicate a short-term bearish trend for the pair. However, prices broke through the area between the signal lines up, which indicates pressure from buyers of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1160. As part of the Forex forecast, we should expect an attempt to continue the development of the correction and test the resistance level near the area of 1.1215. Further, the rebound and continued fall of…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the pound to the US dollar at FOREX is 1.2825. Moving averages indicate a short-term bearish trend. Prices are testing the area between the lines, which indicates pressure from sellers. At the moment, we should expect an attempt to increase the British Pound and a test of the resistance area near the level of 1.2875. Where again we should expect a rebound and a continued fall in the quotes of the British Pound currency pair…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of strong growth, prices have left the bearish channel. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the currency pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6607. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.6555. Further, the rebound and the beginning of the growth of quotations to the area…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of a strong fall and the development of the «Triangle» model began. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.40. Moving averages indicate a short-term bearish trend for the pair. Prices push from the area between the signal lines, indicating pressure from sellers of the US Dollar. As part of the forecast for the Japanese Yen on March 4, 2020, we should expect an attempt to increase slightly and test…