Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of a strong fall and an upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 65.65. Moving averages indicate a short-term bullish trend. Prices have gone far up from the area between the signal lines, indicating pressure from buyers of the American currency. As part of the USD/RUB forecast for tomorrow March 4, 2020, we should expect an attempt to grow and test the resistance level near the area of 67.05 Rubles per US Dollar.…
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 8728 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 $161 676 838 775. 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 March 4, 2020, we should expect an attempt to drop the value of the digital asset and test the support level near the 8415 area. Where again…
ETH/USD are trading at 222.14 and continue to move as part of the correction and the bearish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $25 474 669 493. 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 215.05. Where…
LTC/USD are trading at 59.81 and continue to move as part of the decline and the formation of the «Wedge» model. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $3 947 155 074. Moving averages indicate the presence of a short-term bearish trend for 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 lower the value of the digital asset and test the support level near the 56.55 area. Where again we should expect…
XRP/USD are trading at 0.2305 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 $10 464 068 206. 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 0.2215 area. Further, the continued growth of cryptocurrency in the region above the level of…
BCH/USD are trading at 325.25 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 $6 146 050 467. 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 4, 2020, we 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 1.1151. 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 1.1205 area. Further, the rebound and continued fall of the…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the downward channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2770. Moving averages indicate a short-term bearish trend. Prices once again pushed from the area between the lines, which indicates pressure from sellers. At the moment, we should expect an attempt to increase the British Pound and test the resistance area near the level of 1.2850. 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 a minor correction and a bearish channel. Moving averages indicate a short-term bearish trend. Prices have gone far down from the area between the signal lines, indicating 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 0.6514. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6575. Further, the rebound and the beginning of the fall of quotations in the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of a strong fall. 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 bullish trend for the pair. However, prices broke through 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 March 3, 2020, we should expect an attempt to increase slightly and test the resistance area…