Quotes of the pair USD/JPY US Dollar to Japanese Yen close the trading week near the 108.85 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 grow and test the resistance level near the area of 110.05. Then rebound and the continuation of the fall of the pair in the area below 104.55. USD/JPY Forecast and Analysis February 4 — 8, 2019 In favor of the fall of the pair Dollar/Yen will test the downward trend line on the indicator of relative strength index…
Author: forex24pro
GOLD close the trading week near the 1321 area. The quotes continue to move within the ascending channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support level near the 1295 area. Further, the GOLD price will continue to rise with a potential target above the level of 1375. GOLD Forecast and Analysis February 4 — 8, 2019 In favor of the growth of quotations and prices for GOLD in the current trading week on February February 4 — 8, 2019, a test of the rising trend line on…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6920 area. The pair continues to move within the correction. 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 0.6995. Then, the currency pair will continue to fall with a potential target below the level of 0.6455. NZD/USD Forecast and Analysis February 4 — 8, 2019 In favor of the fall of the NZD/USD currency pair, a test of the downward trend line on the relative strength…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9925. The pair continues to move in growth. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9860. Further, the continued growth of the pair with a target above 1.0275. USD/CHF Forecast and Analysis February 4 — 8, 2019 In favor of the growth of the Dollar/Franc will make a test of the support line on the indicator of relative strength index (RSI). As well as a rebound from the upper boundary of…
Bitcoin BTC/USD ends the trading week at the level of 3411 and continues to move as part of the decline 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 3750. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a potential target below 2350. Bitcoin Forecast and Analysis February 4 — 8, 2019 In favor of reducing the BTC/USD quotes in the current trading week on February…
Ethereum ETH/USD ends the trading week at 104 and continues to move as part of the correction. Moving averages indicate a downward trend. At the moment, we should expect an attempt of growth and a test of the upper boundary of the downward channel near the area of 125. Where should we expect a rebound again and the continuation of the fall of the Ethereum rate with a potential target below level 55. Ethereum Forecast and Analysis February 4 — 8, 2019 The test of the resistance line on the relative strength index (RSI) will be in favor of the…
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…
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…