Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the reduction and formation of the «Triangle» model. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 64.38. 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 1, 2019 The test of the support line on the relative strength index (RSI) will…
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 decline and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $93 654 460 960. Moving averages indicate the presence of a bullish trend in Bitcoin. At the moment, we should expect an attempt of growth and a test of the resistance level near the area of 5395. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with the goal below the level of 4075. Bitcoin Forecast and Analysis BTC/USD May…
Ethereum ETH/USD are trading at 155 and continue to move as part of the correction and the beginning of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $16 905 916 318. Moving averages indicate a bullish 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 and ETH/USD Analysis…
Litecoin LTC/USD are trading at 69.56 and continue to move as part of the correction and the bearish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $4 430 276 797. Moving averages indicate a downward trend in Litecoin. At the moment, we should expect an attempt to test the support level near the 74.05 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 81.75. Litecoin Forecast and LTC/USD Analysis May 1, 2019 In favor of the…
Ripple XRP/USD are trading at 0.3023 and continue to move as part of the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $12 864 028 768. Moving averages indicate a downward trend in Ripple. At the moment, we should expect an attempt to fall and a test of the support level near the 0.2925 area. Further, the continuation of cryptocurrency growth in the region above the level of 0.3375. Ripple Forecast and XRP/USD Analysis May 1, 2019 In favor of the growth of XRP/USD quotes, a test of the resistance line on the relative strength…
Bitcoin Cash BCH/USD are trading at 244 and continue to move as part of the decline and start to work out the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $4 458 693 105. Moving averages indicate a downward trend in Bitcoin Cash. At the moment, we should expect an attempt of growth and a test of the resistance level near the area of 260. Where again we should expect a rebound and the continuation of the fall of the Bitcoin Cash rate with the target below 155. Bitcoin Cash Forecast and Analysis BCH/USD…
Currency pair Euro/Dollar EUR/USD continues to move in the upward correction of the 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 1.1161. At the moment, we should expect an attempt to grow and test the resistance level near the 1.1180 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 1.1025. EUR/USD Forecast Euro Dollar April 30, 2019 The test of the resistance line on…
Currency pair Pound/Dollar GBP/USD continues to move as part of the decline and the beginning of the development of the «Triangle» model. At the time of the publication of the forecast, the pound to dollar rate is 1.2942. 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 1.2980. 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction 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 is 0.7049. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7085. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6915. AUD/USD Forecast Australian Dollar April 30, 2019 In favor of the fall of the pair AUD/USD will test…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction and the ascending channel. At the time of the publication of the forecast, the exchange rate of the US dollar to the Japanese Yen is 111.72. 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 111.35. Further, the rebound and continued growth of the pair USD/JPY to the area above the level of 113.25. USD/JPY Forecast Japanese Yen April 30,…