Ethereum ETH/USD are trading at 104 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $11 246 544 263. Moving averages indicate a bearish trend in Ethereum. At the moment, we should expect an attempt of growth and a test of the resistance level near area 110. Where again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential target below level 95. Ethereum Forecast and ETH/USD Analysis February 5, 2019 An additional signal in favor of the drop…
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 are trading at 31.77 and continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. Cryptocurrency capitalization at the time of the publication of the forecast is $2 036 924 479. Moving averages indicate the presence of a side trend for Litecoin. At the moment, we should expect an attempt to test the resistance level near 34.50. Where once again we should expect a rebound and the continuation of the fall of the Litecoin course with the target below the level of 24.00. Litecoin Forecast and LTC/USD Analysis February 5,…
Ripple XRP/USD are trading at 0.2947 and continue to move as part of the correction. Cryptocurrency capitalization at the time of the publication of the forecast is $12 420 737 417. Moving averages indicate a downward trend in Ripple. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.3150. Further, the continuation of the fall of cryptocurrency in the region below the level of 0.2485. Ripple Forecast and XRP/USD Analysis February 5, 2019 In favor of falling XRP/USD quotes, a test of the downward trend line on the relative strength…
Bitcoin Cash BCH/USD are trading at 115 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $2 091 496 209. Moving averages indicate a bearish trend in Bitcoin Cash. At the moment, we should expect an attempt to test the resistance level near area 120. Where again we should expect a rebound and the continuation of the fall of the Bitcoin Cash rate with a target below 95. Bitcoin Cash Forecast and Analysis BCH/USD February 5, 2019 In favor of reducing the BCH/USD quotes, a test of the…
Currency pair Euro Dollar EUR/USD ends the trading week near the 1.1471 area. The pair continues to move within the upward correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 1.1555. Where is expected to rebound and the continuation of the fall of the euro/dollar. The potential target of the decline is the area below the level of 1.1045. EUR/USD Forecast and Analysis February 4 — 8, 2019 In favor of the fall of the EUR/USD currency pair at FOREX, a test…
BRENT crude oil complete the trading week near the region of 60.72 dollars per barrel. And it continues to move within the correction. 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 65.50. Then the continuation of the fall of oil into the region below the level of $ 44.65 per barrel. BRENT oil Forecast and Analysis February 4 — 8, 2019 An additional signal in favor of lowering quotations of oil this week will be a test of the trend line on the…
Currency pair Pound Dollar GBP/USD completes the trading week near the 1.3069 area. The pair continues to move within the descending channel. Moving averages indicate a downward trend. At this point we should expect an attempt to grow and test the resistance area near the level of 1.3135. Further, the continuation of the decline in quotations of the Pound/Dollar to the area below the level of 1.2465. GBP/USD Forecast and Analysis February 4 — 8, 2019 In favor of the fall of the British Pound will test the resistance line on the indicator of relative strength index (RSI). Cancellation of…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 65.44 Rubles for the US Dollar. The pair continues to move within the correction. Moving averages indicate an uptrend. In the current trading week of February 4 — 8, 2019, a decrease in the support area test near the level of 64.45 is expected. Where can we expect a rebound and continued growth of the dollar above the level of 68.95. USD/RUB Forecast and Analysis February 4 — 8, 2019 In favor of the growth of the dollar ruble pair will be a test…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.7258. The pair continues to move within the framework of the correction and the formation of the «Triangle» model. 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 0.7335. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6775. AUD/USD Forecast and Analysis February 4 — 8, 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 1.3142. The pair continues to move within the correction. Moving averages indicate an uptrend. At the moment, we can expect an attempt to reduce and test the support level near the 1.3045 area. Then, the growth of quotations with the goal above the level of 1.3595. USD/CAD Forecast and Analysis February 4 — 8, 2019 The test of the support area on the relative strength index (RSI) will be in favor of raising the USD/CAD currency pair. Cancellation of the growth option of the…