Ethereum ETH/USD ends the trading week at 171 and continues to move as part of the correction and the upward channel. Moving averages indicate a downward trend. At the moment, we should expect an attempt to fall and maintain the test level near area 140. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 305. Ethereum Forecast and Analysis April 22 — 26, 2019 A test of the support line on the relative strength index (RSI) will be in favor of the growth of ETH/USD quotes on…
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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.
Ripple XRP/USD close the trading week at 0.3291 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 0.3075. Where once again we should expect a rebound and continued growth of cryptocurrency in the region above the level of 0.5170. Ripple Forecast and Analysis April 22 — 26, 2019 In favor of the growth of XRP/USD quotes in the current trading week of April 22 — 26, 2019, a test…
Litecoin LTC/USD ends the trading week at 80.94 and continues to move as part of a downward correction. Moving averages indicate an uptrend. The digital asset is trading near the bathroom support area, a breakdown of this level will indicate a resumption of the fall. At the moment, we should expect an attempt to test the support area near the level of 72.55. Where can we expect a rebound again and an attempt to continue growth on Litecoin with a target above 115.75. Litecoin Forecast and Analysis April 22 — 26, 2019 A test of the support line on the…
Bitcoin Cash ends the trading week at 298 and continues to move in the ascending channel. Moving averages indicate a downward trend. Quotes are testing an important resistance area. A breakout of level 395 will indicate continued growth of cryptocurrency. As part of the BCH/USD rate forecast for the week, we can expect an attempt to decline and a test of the support area near the level of 235. Where again we should expect a rebound and an attempt to continue to grow with Bitcoin Cash with a target above 585. Bitcoin Cash Forecast and April 22 — 26, 2019…
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall. As you can see, quotes were able to leave the limits of the ascending channel. Moving averages indicate the presence of a medium-term upward trend for the pair. At the time of the publication of the forecast, the euro/dollar rate is 1.1255. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1285. Further, the continuation of the fall of the currency pair Euro.Dollar. The potential target of such a movement is the area below the level 1.1165. EUR/USD…
Currency pair Pound/Dollar GBP/USD continues to move as part of the formation of the «Triangle» model. Thereby pointing to the continuing uncertainty on the pair. At the time of the publication of the forecast, the pound to dollar rate is 1.3048. Sliding meeting indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.3090. 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the upward correction and the upward channel. Moving averages indicate a short-term uptrend. As you can see, the correction for the pair was delayed, but the technical analysis of the daily chart indicates a high probability of falling in the near future. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.7160. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7190. Further, the rebound from the…
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 111.90. Moving averages indicate the presence of a short-term upward trend for the pair. As you can see, the test area of local maxima was delayed. At the moment, we should expect an attempt to reduce and test the support area near the level of 111.50. Further, the rebound and continued growth of the pair USD/JPY to the…
Quotes of BRENT continue to move in the framework of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the price of BRENT oil is $ 71.06 per barrel. Moving averages indicate a short-term upward trend in oil. At the moment, we can expect an attempt to continue growth and test the resistance level near the area of 71.40 dollars per barrel. Further, the continuation of the fall of the oil in the area below 69.50. BRENT Crude Oil Forecast and analysis April 19, 2019 In favor of the fall in…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the «Triangle» model. Which indicates the presence of uncertainty on the pair. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3367. Moving averages indicate the presence of a short-term upward trend for the pair. At the moment, we should expect an attempt to continue the fall of the asset and a test of the support level near 1.3295. Further, the rebound and the continuation of the growth of the…