Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6664 area. Moving averages indicate a downward trend. At the moment, we should expect an attempt to correct and test the resistance area near the level of 0.6735. Then, the currency pair will continue to fall with a potential target below the level of 0.6235. NZD/USD Forecast and Analysis April 29 — May 3, 2019 In favor of the fall of the NZD/USD currency pair, a test of the downward trend line on the relative strength indicator will come out. As well as a…
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.
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 1.0202. The pair continues to move within steady growth. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support area near the level of 1.0105. Further, the rebound and the continued growth of the pair with the goal above the level of 1.0485. USD/CHF Forecast and Analysis April 29 — May 3, 2019 In favor of the growth of the Dollar/Franc will make a test trend line on the indicator of relative strength index (RSI). The second signal will…
Bitcoin BTC/USD ends the trading week at the level of 5174 and continues to move as part of the correction and the upward channel. The digital asset is trading near the resistance level, a breakdown of this area will indicate continued strong growth. 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 5780. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a potential target below 4350. Bitcoin Forecast and Analysis April 29 —…
Ethereum ETH/USD ends the trading week at the level of 151 and continues to move as part of the decline and the beginning of the development of the «Triangle» model. Moving averages indicate a downward trend. At the moment, we should expect an attempt to fall and maintain the test level near the area of 155. Where once again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential target below level 95. Ethereum Forecast and Analysis April 29 — May 3, 2019 In favor of reducing the quotes of ETH/USD…
Ripple XRP/USD close the trading week at 0.2879 and continue to move in line with the decline. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.3555. Where again we should expect a rebound and the continuation of the fall of cryptocurrency in the region below the level of 0.1550. Ripple Forecast and Analysis April 29 — May 3, 2019 In favor of the fall of XRP/USD quotes in the current trading week of April 29 — May 3, 2019, a test of the…
Litecoin LTC/USD ends the trading week at 70.98 and continues to move as part of the correction. Moving averages indicate an uptrend. At the moment, we should expect an attempt to test the resistance area near the level of 82.55. Where can we expect a rebound again and an attempt to continue falling on Litecoin with a target below the level of 45.50. Litecoin Forecast and Analysis April 29 — May 3, 2019 In favor of the fall in LTC/USD quotations in the current trading week of April 29 — May 3, 2019, a resistance line test on the relative…
Bitcoin Cash ends the trading week at 259 and continues to move in the ascending channel. Moving averages indicate a downward trend. As part of the BCH/USD exchange rate forecast for the week, we can expect an attempt to grow and test the resistance area near the level of 315. Where again we should expect a rebound and an attempt to continue falling on Bitcoin Cash with a target below 185. Bitcoin Cash Forecast and April 29 — May 3, 2019 An additional signal in favor of falling BCH/USD quotes on the current trading week of April 29 — May…
Currency pair Euro/Dollar EUR/USD continues to move in a strong fall. Moving averages indicate the presence of a medium-term downward trend for the pair. At the time of the publication of the forecast, the euro/dollar rate is 1.1141. At the moment, we should expect an attempt to grow and test the resistance level near the 1.1175 area. Further, the continuation of the fall of the currency pair Euro/Dollar. A potential target of such a movement is the area below the level of 1.1035. EUR/USD Forecast Euro Dollar April 26, 2019 The test of the resistance line on the relative strength…
Currency pair Pound/Dollar GBP/USD continues to move as part of the «Triangle» model’s decline and development. At the time of the publication of the forecast, the pound to dollar rate is 1.2878. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.2975. 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 framework of the FOREX forecast for April 26, 2019, is the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the decline 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 the US Dollar is 0.7009. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7065. Further, the rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6935. AUD/USD Forecast Australian Dollar April 26, 2019 In favor of the fall of the…