Currency pair Dollar Franc USD/CHF continues to move within the framework of the correction and the formation of the «Triangle» model. At the time of publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 1.0184. Moving averages indicate the presence of an upward trend in the pair. At the moment, we should expect an attempt to continue falling and test the support area near the level of 1.0170. Then, a rebound and continued growth of the US Dollar against the Swiss Franc with the goal above the level of 1.0325. USD/CHF Forecast…
Author: forex24pro
Currency pair US Dollar/Russian Ruble USD/RUB continues to move in line with the growth and the beginning of the Forex mining 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 65.02. As part of the USD/RUB forecast, we should expect an attempt to decline and a test of the support level near the 64.80 Ruble level per US Dollar. Then, the rebound and the continued growth of the currency pair in the region above the level of 66.55. USD/RUB Forecast Russian Ruble May 9,…
Bitcoin BTC/USD are trading at 5891 and continue to move as part of the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $105 039 714 445. Moving averages indicate the presence of an upward trend in Bitcoin. As part of the cryptocurrency exchange rate forecast, we should expect an attempt to fall and a test of the support level near the 5755 area. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the 6250 area. Bitcoin Forecast and Analysis…
Ethereum ETH/USD are trading at 166 and continue to move as part of the downward correction and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $18 017 616 387. Moving averages indicate an upward trend in Ethereum. At the moment, we should expect an attempt to grow and test the resistance level near the area of 160. Where again we can expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 185. Ethereum Forecast and ETH/USD Analysis May 9, 2019 An additional signal in favor…
Litecoin LTC/USD traded at 72.67 and continue to move within the correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $4 773 832 716. Moving averages indicate the presence of an upward trend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the 72.05 area. Where can we again expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 81.65. Litecoin Forecast and LTC/USD Analysis May 9, 2019 In favor of growth in LTC/USD quotes,…
Ripple XRP/USD are trading at 0.2943 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 $12 650 602 419. Moving averages indicate a downward trend in Ripple. At the moment, we should expect an attempt to grow and test the resistance level near the 0.3000 area. Further, the continuation of the decline of cryptocurrency in the region below the level of 0.2685. Ripple Forecast and XRP/USD Analysis May 9, 2019 In favor of falling XRP/USD quotes, a test of the downward…
Bitcoin Cash BCH/USD are trading at 281.38 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 $5 051 331 445. Moving averages indicate the presence of a short-term upward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for tomorrow, we can expect an attempt to decrease and test the support level near the 275.00 area. Where can we again expect a rebound and continued growth of the digital asset Bitcoin Cash with a potential target above 325.00.…
Currency pair Euro/Dollar EUR/USD continues to move within the downward channel and the formation of the «Triangle» model. Moving averages indicate the presence of a medium-term bearish trend for the pair. At the time of the publication of the forecast, the euro/dollar rate is 1.1183. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1215. 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 1.1015. EUR/USD Forecast Euro Dollar May 8, 2019…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the formation of the bearish wave «Wolfe Wave». At the time of the publication of the forecast, the pound to dollar rate is 1.305. Moving averages indicate an uptrend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.3125. Where again we should expect a rebound and the continuation of the fall of the pound against the dollar. The aim of the downward movement of the currency pair, in the FOREX forecast for May 8, 2019, is…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the decline and the bearish channel. Moving averages indicate a short-term downward trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.7015. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7035. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6890. AUD/USD Forecast Australian Dollar May 8, 2019 In favor of the fall of the…