Ripple XRP/USD close the trading week at the level of 0.3105 and continue to move as part of the 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 0.3570. Where again we should expect a rebound and the continuation of the decline of cryptocurrency in the region below the level of 0.2100. Ripple Forecast and Analysis February 4 — 8, 2019 In favor of the fall of XRP/USD quotes in the current trading week on February 4 — 8, 2019, a test 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.
Litecoin LTC/USD ends the trading week at 30.30 and continues to move as part of the correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to test the resistance area near the level of 32.50. Where can we expect a rebound again and an attempt to continue the decline of Litecoin with a target below the level of 18.50. Litecoin Forecast and Analysis February 4 — 8, 2019 In favor of lowering LTC/USD quotes in the current trading week on February 4 — 8, 2019, a resistance line test on the relative strength index…
Bitcoin Cash ends the trading week at level 113 and continues to move as part of the decline. 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 160. Where again we should expect a rebound and an attempt to continue to decline in Bitcoin Cash with a goal below level 70. Bitcoin Cash Forecast and Analysis February 4 — 8, 2019 An additional signal in favor of the fall in BCH/USD quotes on the current trading week on February 4 — 8, 2019 will…
Currency pair Euro/Dollar EUR/USD continues to move in the ascending channel. At the time of the publication of the forecast, the euro/dollar rate is 1.1476. At the moment, we can expect an attempt to grow and test the resistance level near the 1.1525 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 1.1225. EUR/USD Forecast Euro Dollar February 1, 2019 In favor of reducing the EUR/USD quotes, the resistance line test on the relative strength index (RSI) will come out. Cancellation of the…
Currency pair Pound/Dollar GBP/USD continues to move in the ascending channel. At the time of the publication of the forecast, the pound to the US Dollar is 1.3136. At the moment, we should expect an attempt to decrease and test the support area near the level of 1.2985. Where again we should expect a rebound and continued growth of the pound against the dollar. The target of the upward movement of the currency pair, in the framework of the FOREX forecast for February 1, 2019, is the area at the level of 1.3395. GBP/USD Forecast Pound Dollar February 1, 2019…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the correction and the formation of the bearish wave «Wolf Wave». At the time of the publication of the forecast, the Australian Dollar to US dollar is 0.7267. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7280. Further, the continuation of the fall of quotations to the area below the level of 0.7105. AUD/USD Forecast Australian Dollar February 1, 2019 In favor of reducing the pair AUD/USD, there will be a breakdown of the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 108.59. At the moment, we should expect an attempt to grow and test the resistance area near the level of 109.35. Further, the continuation of the fall of the USD/JPY pair to the area below the level of 106.55. USD/JPY Forecast Japanese Yen February 1, 2019 In favor of reducing the pair USD/JPY will test the downward trend line on…
Quotes of BRENT continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the price of BRENT oil is $ 61.77 per barrel. At the moment, we can expect an attempt to grow and test the resistance level near the area of 62.35 dollars per barrel. Further, the continuation of the fall of the oil in the region below the level of 54.05. BRENT Crude Oil Forecast and analysis February 1, 2019 In favor of lowering quotations and prices for oil BRENT will…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move in the framework of the correction. At the time of the publication of the forecast, the USD rate to the Canadian Dollar is 1.3139. At the moment, we should expect an attempt to grow and test the resistance level near the 1.3185 area. Further, the continuation of the fall of the currency pair on FOREX. The potential goal of reducing quotes is the area below the level of 1.3040. USD/CAD Forecast Canadian Dollar February 1, 2019 The test of the resistance line on the relative strength index (RSI) will be…
Quotes of GOLD continue to move in growth. At the time of the publication of the forecast, the price of GOLD is 1322 Dollars per Troy Oz. At the moment, we should expect an attempt to fall and a test of the support level near the area of 1310. Where should we expect a rebound and continued growth in the price of GOLD with the goal above the level of 1335. XAU/USD Forecast and GOLD analysis February 1, 2019 In favor of the growth of quotations XAU/USD will speak of the rising trend line on the indicator of relative strength…