Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 64.70 Rubles for the US Dollar. The pair continues to move within the correction. Moving averages indicate an uptrend. In the current trading week of April 1 — 5, 2019, a decline is expected and a test of the support area near the level of 63.55. Where can we expect a rebound and continued growth of the dollar above 69.15. USD/RUB Forecast and Analysis April 1 — 5, 2019 In favor of the growth of the dollar/ruble pair will make a test line of…
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 Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.7096. The pair continues to move within the framework of the correction and the formation of the «Triangle» model. 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 0.7155. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6585. AUD/USD Forecast and Analysis April 1 — 5, 2019 In favor of the fall of the pair on Forex will test the…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3425. The pair continues to move within the ascending channel. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near 1.3225 area. Then the growth of quotations continued with the goal above the level of 1.3995. USD/CAD Forecast and Analysis April 1 — 5, 2019 The test of the support line on the relative strength index (RSI) will be in favor of the USD/CAD rise. The second signal will be a rebound from…
Quotes of the pair USD/JPY US Dollar to Japanese Yen close the 110.59 trading week. The pair continues to move in decline. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 111.35. Then rebound and the continuation of the fall of the pair in the area below the level of 105.65. USD/JPY Forecast and Analysis April 1 — 5, 2019 In favor of the fall of the pair Dollar/Yen will test the descending trend line on the indicator of relative strength index (RSI). The…
GOLD close the trading week near the 1287 area. The quotes continue to move within the ascending channel and form the «Head and Shoulders» reversal pattern. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1310. Further continuation of the fall in the price of GOLD with a potential target below the level of 1215. GOLD Price Forecast and Analysis April 1 — 5, 2019 In favor of reducing the quotations and prices for GOLD in the current trading week April 1 — 5,…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6799 area. The pair continues to move within the framework of the correction and the formation of the «Triangle» model. Moving averages indicate a downward trend. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.6875. Then, the currency pair will continue to fall with a potential target below the level of 0.6410. NZD/USD Forecast and Analysis April 1 — 5, 2019 In favor of the fall of the NZD/USD currency pair, a…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9956. The pair continues to move within the framework of the correction and the formation of the «Wedge» model. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9930. Further, the continuation of the growth of the pair with a target above the level of 1.0185. USD/CHF Forecast and Analysis April 1 — 5, 2019 In favor of the growth of the Dollar/Franc will make a test of the support line on the…
Bitcoin BTC/USD ends the trading week at 4029 and continues to move as part of growth. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and a test of the support area near the level of 3725. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a potential target above the level of 5215. Bitcoin Forecast and Analysis April 1 — 5, 2019 In the current trading week of April 1 — 5, 2019, a test of the rising trend line on the…
Ethereum ETH/USD ends the trading week at level 135 and continues to move as part of the correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and maintain the test level near area 120. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 175. Ethereum Forecast and Analysis April 1 — 5, 2019 In favor of the growth of ETH/USD quotes on the current trading week April 1 — 5, 2019, test the support line on the relative strength…
Ripple XRP/USD close the trading week at 0.3033 and continue to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate a downward trend. At the moment, we should expect an attempt to fall and a test of the support level near the 0.2975 area. Where once again we should expect a rebound and continued growth of cryptocurrency in the area above the level of 0.4025. Ripple Forecast and Analysis April 1 — 5, 2019 In favor of the growth of XRP/USD quotes in the current trading week April 1 — 5, 2019, a…