Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.24. Moving averages indicate a short-term bearish trend. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the American currency. As part of the USD/RUB forecast for tomorrow February 18, 2020, we should expect an attempt to grow and test the resistance level near the area of 63.65 Rubles per US Dollar. Then, the rebound…
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 9795 and continue to move as part of the growth and bullish channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $176 171 413 067. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices returned to the area between the lines, indicating pressure from digital gold sellers. As part of the cryptocurrency rate forecast for tomorrow, February 18, 2020, one should expect an attempt to lower the value of the digital asset and test the support level near the area of 9425. Where again we should expect…
ETH/USD are trading at 248.77 and continue to move as part of the correction and the upward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $26 998 202 274. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices are testing signal lines, which indicates 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 225.55. Where again we should expect a rebound and continued growth of the Ethereum rate with…
LTC/USD are trading at 70.71 and continue to move as part of the correction and the upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $4 453 059 299. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices fell into the area between the signal lines, indicating pressure from the bears, but growth risks still persist. 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 68.05. Where again we should expect a rebound and…
XRP/USD are trading at 0.2791 and continue to move as part of a strong correction and an upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $11 959 844 059. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices returned to the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to lower the digital asset and test the support level near the 0.2535 area. Further, the continued growth of cryptocurrency in the region above the level of 0.3615.…
BCH/USD are trading at 386.88 and continue to move as part of growth and the rising channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $6 838 169 938. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices broke through 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 18, 2020, we should expect an attempt to develop a downward correction of the asset value and a test…
Tesla stock continue to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate the presence of a short-term bullish trend for Tesla. Prices pushed from the area between the signal lines, which indicates pressure from buyers of securities. At the time of publication of the forecast, the value of shares is 798.21. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the area of 750.05. Further, a rebound and continued growth in the value of securities. The potential target of…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.0841. The pair continues to move within the fall and the downward channel. Moving averages indicate a downward trend in the pair. The pair again pushed off from the area between the signal lines, indicating strong pressure from sellers of European currency. At the moment, we should expect an attempt to develop a slight correction and test the resistance area near the level of 1.0955. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. The potential target of the rise is the…
BRENT complete the trading week near the area of 57.11 dollars per barrel. And it continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. Prices went far from the area between the signal lines, indicating strong pressure from commodity sellers. At the moment, we should expect an attempt to develop a correction and test the resistance area near the level of 59.05. Then, the rebound and the beginning of the fall of oil in the area below the level of 44.75 dollars per barrel. BRENT crude oil Forecast and Analysis February 17 —…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.3024. The pair continues to move within the correction and the downward channel. Moving averages indicate a bullish trend. Prices push away from the area between the signal lines, indicating a potential upward rebound. At this, we should expect an attempt to correct and test the resistance area near the level of 1.3255. Further, the rebound and the beginning of the fall of the Poun Dollar quotes to the area below the level of 1.2145. GBP/USD Forecast and Analysis February 17 — 21, 2020 In favor of…