Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth 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 64.63. At the moment, we should expect an attempt to continue the decline and a test of the support level near the 64.20 Ruble area for the US Dollar. Then, the pair continues to grow to an area above 66.25. USD/RUB Forecast Russian Ruble May 2, 2019 A test of the support line on the relative strength index (RSI)…
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.
Bitcoin BTC/USD are trading at 5190 and continue to move as part of the formation of a reversal pattern. Cryptocurrency capitalization at the time of the publication of the forecast is $94 950 886 831. Moving averages indicate the presence of an upward trend in Bitcoin. At the moment, we should expect an attempt to grow and test the resistance level near the area of 5395, where the right shoulder of the reversal pattern will be completed. Where once again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with the target below…
Ethereum ETH/USD are trading at 157 and continue to move as part of the correction and the beginning of the development of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $16 990 124 777. Moving averages indicate an upward trend in Ethereum. At the moment, we should expect an attempt of growth and a test of the resistance level near the area of 160. Where again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential target below the level of 125. Ethereum Forecast…
Litecoin LTC/USD are trading at 71.74 and continue to move as part of the correction and the downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $4 463 656 248. Moving averages indicate an upward trend in Litecoin. At the moment, we should expect an attempt to test the support level near the 65.05 area. From where it is again necessary to expect a rebound and the continuation of the growth of the course Litecoin with a goal above the level of 95.00. Litecoin Forecast and LTC/USD Analysis May 2, 2019 The test of the…
Ripple XRP/USD are trading at 0.2989 and continue to move as part of the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $12 724 449 697. Moving averages indicate a downward trend in Ripple. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.2905. Further, the continuation of cryptocurrency growth in the region above the level of 0.3375. Ripple Forecast and XRP/USD Analysis May 2, 2019 In favor of the growth of XRP/USD quotes, there will be a test of the line of the beaten…
Bitcoin Cash BCH/USD are trading at 266 and continue to move as part of the upward correction and the channel. Cryptocurrency capitalization at the time of the publication of the forecast is $4 745 536 495. Moving averages indicate a short-term downward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast, we should expect an attempt to grow and test the resistance level near the area of 280. Where again we should expect a rebound and the continuation of the fall of the Bitcoin Cash rate with a potential target below the level of 225. Bitcoin Cash…
Currency pair Euro/Dollar EUR/USD continues to move in the upward correction. 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 exchange rate is 1.1207. At the moment, we should expect an attempt to continue growth and test the resistance level near the 1.1240 area. 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 of 1.1045. EUR/USD Forecast Euro Dollar May 1, 2019 The test of the resistance…
Currency pair Pound/Dollar GBP/USD continues to move as part of a strong upward correction. At the time of the publication of the forecast, the pound to dollar rate is 1.2985. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.3015. Where again we should expect a rebound and the continuation of the fall of the pound against the dollar. The target of the downward movement of the currency pair, in the FOREX forecast for May 1, 2019, is the area at 1.2825. GBP/USD Forecast…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction and the downward 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 0.7051. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7075. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6925. AUD/USD Forecast Australian Dollar May 1, 2019 In favor of the fall of the pair AUD/USD will…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction and the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 111.30. Moving averages indicate the presence of a short-term upward trend for the pair. At the moment, we should expect an attempt to reduce and test the support area near the level of 110.65. Further, the rebound and continued growth of the pair USD/JPY to the area above the level of 113.15. USD/JPY Forecast Japanese Yen May 1,…