Currency pair US Dollar/Russian Ruble USD/RUB 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 exchange rate of the US Dollar to the Russian Ruble is 65.08. Moving averages indicate an uptrend. As part of the forecast for the USD/RUB exchange rate for tomorrow, June 6, 2019, we should expect an attempt to decrease and test the support level near 64.75 rubles per US dollar. Then, the rebound and the continued growth of the currency pair in the region above the level of 67.90.…
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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.
Bitcoin BTC/USD traded at 7786 and continue to move within the downward correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $138 662 883 293. Moving averages indicate the presence of a bearish trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for tomorrow, June 6, 2019, an attempt should be expected to decline and a test of the support level near the 7475 area. Where should we again expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the 9185 area.…
Ethereum ETH/USD are trading at 242.92 and continue to move as part of the correction and the formation of the upward channel model. Cryptocurrency capitalization at the time of the publication of the forecast is $26 043 532 859. Moving averages indicate a short-term bullish trend in Ethereum. At the moment, we should expect an attempt to decrease and test the lower boundary of the ascending channel near the area of 240. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 310. Ethereum Forecast and ETH/USD Analysis…
Litecoin LTC/USD traded at 102.52 and continue to move within the correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $6 396 198 961. Moving averages indicate a downward trend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the area of 100.65. Where can we expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 125.55. Litecoin Forecast and LTC/USD Analysis June 6, 2019 In favor of the growth of LTC/USD quotes, the upward…
Ripple XRP/USD are trading at 0.3969 and continue to move as part of the correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $16 961 206 655. Moving averages indicate the presence of a short-term bullish trend on Ripple. At the moment, we should expect an attempt to fall and a test of the support level near the area of 0.3810. Further, the continuation of cryptocurrency growth in the region above the level of 0.4885. Ripple Forecast and XRP/USD Analysis June 6, 2019 In favor of the growth of…
Bitcoin Cash BCH/USD are trading at 399.48 and continue to move as part of the correction and the ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 053 972 942. Moving averages indicate the presence of a short-term downward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for June 6, 2019, we should expect an attempt to decrease and test the support level near the area of 380.00. Where can we again expect a rebound and continued growth of the digital asset Bitcoin Cash with a potential target above the…
Stock index Dow Jones continues to move in the framework of a strong correction and the downward channel. At the time of the publication of the forecast, the index is trading at 25411. Moving averages indicate a bearish trend. At the moment, we should expect a fall and a test of the support level near the area of 25045. Where should we expect a rebound and the continuation of the rise of the Dow Jones stock index quotes to the area above the level of 26095. Dow Jones Index Forecast and Analysis June 6, 2019 In favor of the growth…
Currency pair Euro/Dollar EUR/USD continues to move as part of a strong correction. Moving averages indicate a short-term bearish trend in the pair. At the time of the publication of the forecast, the euro rate to the US Dollar is 1.1247. At the moment, we should expect an attempt to continue growth and test the resistance level near the area of 1.1285. Further, the rebound and the continuation of the decline in the currency pair Euro/Dollar. The potential target of such a movement is the area below the level 1.1105. EUR/USD Forecast Euro Dollar June 5, 2019 The downward resistance…
Currency pair Pound/Dollar GBP/USD continues to move in the upward correction and the downward channel. At the time of the publication of the forecast, the pound to the US Dollar is 1.2677. Moving averages indicate a short-term side trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.2695. Where once again we should expect a rebound and the continuation of the decline of the pound against the dollar. The purpose of the downward movement of the currency pair, in the framework of the Forex forecast for June 5, 2019,…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move through strong growth and a bearish channel. Moving averages indicate a short-term uptrend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6985. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7005. Further, a rebound from the resistance level and the continuation of the fall in quotations to the area below 0.6785. AUD/USD Forecast Australian Dollar June 5, 2019 In favor of the fall of the pair AUD/USD test will…