Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.73. 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, February 21, 2020, we should expect an attempt to grow and test the resistance level near the area of 63.95 Rubles per US Dollar. Then,…
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 10147 and continue to move as part of a strong fall and the formation of the bullish «Wolfe Wave» pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $174 789 785 362. 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 sellers. As part of the cryptocurrency rate forecast for tomorrow, February 21, 2020, we should expect an attempt to lower the value of the digital asset and test the support level near the area…
ETH/USD are trading at 253.02 and continue to move as part of a strong correction and an upward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $28 204 410 151. 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 reduce the value of the coin and test the support level near the area of 225.65. Where again we should expect a rebound and continued growth of…
LTC/USD are trading at 68.44 and continue to move as part of the correction and the bullish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $4 461 529 768. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices are again testing the area between the signal lines, which indicates pressure from the sellers, but the potential for a rebound up is still high. At the moment, we should expect an attempt to reduce the value of the digital asset and test the support level near the area…
XRP/USD are trading at 0.2685 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 $11 912 234 329. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices are testing the area between the signal lines, which indicates pressure from sellers, the growth potential is still quite strong. At the moment, we should expect an attempt to reduce the digital asset and a test of the support level near the 0.2805 area. Further, the continued growth of…
BCH/USD are trading at 376.492 and continue to move as part of the fall and the bearish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $6 852 266 136. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices are testing the area between the signal lines, which indicates pressure from the sellers, however, the potential for upward rebound is still there. As part of the cryptocurrency rate forecast for February 21, 2020, we should expect an attempt to develop a bullish correction of the asset value and a…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of the fall and the bearish channel. Moving averages indicate a short-term bearish trend for the pair. Prices have gone far from the area between the signal lines, indicating strong pressure from sellers of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0799. As part of the Forex forecast, we should expect an attempt to develop a correction and test the resistance level near the area of 1.0905. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2977. Moving averages indicate a short-term bearish trend. However, prices broke through the area between the lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to increase the British Pound and a test of the resistance area near the level of 1.3045. 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 correction and the formation of the «Triangle» model. Moving averages indicate a short-term bearish trend. Prices pushed from the area between the signal lines, indicating pressure from the sellers of the currency pair and the potential continuation of the bearish trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6694. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6715. Further, the rebound and the beginning…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of strong growth and the beginning of the development of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 110.35. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices pushed from the area between the signal lines, indicating pressure from buyers. As part of the forecast for the Japanese Yen rate on February 20, 2020, we should expect an attempt to slightly lower and…