GOLD continue to move within the correction and the downward channel. At the time of the publication of the forecast, the price of GOLD is 1732 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 1745. Where can we expect a rebound and the continuation 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.
Silver continue to move as part of the correction and the formation of the “Head and Shoulders” pattern. At the time of this forecast, Silver prices are at $ 26.05. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the growth in value already from the current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the metal and a test of the resistance level near the 26.25 area. Where…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall in the value of the instrument already from the current levels. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.7176. At the moment, we should expect…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the upward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9268. Moving averages indicate a short-term bullish trend for the pair. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the asset’s price growth from the current levels. At the moment, we should expect an attempt to develop a slight correction in the US Dollar against the Swiss Franc and a…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall and the beginning of the development of the “Triangle” model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 72.84. Moving averages indicate a short-term bearish trend. Prices moved down from the area between the signal lines, which indicates pressure from the sellers of the US currency and a potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for March 17, 2021,…
BTC/USD are traded at 55735 and continue to move as part of the correction and the ascending channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $1,032,505,466,727. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are again pushing the area between the signal lines, which indicates pressure from buyers of “Digital Gold” and a potential continuation of the growth of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, March 17, 2021, we should expect an attempt to develop a correction in the value of a…
Ethereum are traded at the level of 1790.37 and continue to move as part of the correction and the ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $205,983,072,237. Moving averages indicate a short-term bullish trend for Ethereum. Prices are testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the asset’s price growth from the current levels. At the moment, we should expect an attempt to develop a correction in the value of the coin and a test of the support level near…
XRP/USD are trading at 0.4618 and continue to move within the correction and the upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $21,313,146,783. Moving averages indicate a short-term bearish trend for Ripple. However, prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the XRP rate drop in the market already from the current levels. At the moment, we should expect an attempt to develop a downward correction of the asset and a test of the…
Stock index S&P 500 continue to move within the framework of the growth and the upward channel. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines upwards again, which indicates pressure from buyers of the asset and a potential continuation of the growth of the stock exchange index in the market already from the current levels. At the time of the publication of the forecast, the index is trading at 3965. At the moment, we should expect an attempt to develop a correction and test the support level near the 3925 area. Where…
LTC/USD are traded at 201.95 and continue to move within the fall and the ascending channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $13,357,835,931 Moving averages indicate a short-term bearish trend for Litecoin. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the support level near the area of 194.55.…