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…
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 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…
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 111.82. 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 111.55. Further, the rebound and continued growth of the pair USD/JPY to the area above the level of 112.95. USD/JPY Forecast Japanese Yen April 26,…
Quotes of BRENT continue to move in the framework of strong growth and the rising channel. At the time of the publication of the forecast, the price of BRENT oil is $ 74.45 per barrel. Moving averages indicate a short-term upward trend in oil. At the moment, we should expect an attempt to fall and a test of the support level near the area of 72.75 dollars per barrel. Further, the continuation of the growth rate of oil in the region above the level of 76.35. BRENT Crude Oil Forecast and analysis April 26, 2019 BRENT will test the support…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of strong growth. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3512. Moving averages indicate the presence of a short-term upward trend for the pair. At the moment, we should expect an attempt to reduce the asset and a test of the support level near the area of 1.3435. Further, the rebound and the continuation of the growth of the currency pair on FOREX. The potential target of raising quotes is the area above the level…
GOLD continue to move in the framework of the fall and the downward channel. At the time of the publication of the forecast, the price of GOLD is 1272 Dollars per Troy Oz. At the moment, we should expect an attempt to continue the correction and test the resistance level near the area of 1285. Where should we expect a rebound and the continuation of the fall in the price of Gold with a target below the level of 1240. XAU/USD Forecast and GOLD analysis April 26, 2019 In favor of reducing the XAU/USD quotes, a test of the trend…
Silver continue to move in the framework of the decline and the downward channel. At the time of the publication of the forecast, the price of Silver is 14.86 Dollars. At the moment, we should expect an attempt to develop an upward correction and a test of the resistance level near the 15.05 area. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 14.45. XAG/USD Forecast Silver and Analysis April 26, 2019 In favor of reducing the XAG/USD quotes, a test of the downward trend…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the decline and the downward channel. At the time of the publication of the forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6592. At the moment, we should expect an attempt of an upward correction and a test of the resistance level near 0.6635. Further, the continuation of the fall of the currency pair on FOREX in the area below the level of 0.6475. NZD/USD Forecast New Zealand Dollar April 26, 2019 In favor of the fall…