Quotes of the New Zealand Dollar to US Dollar NZD/USD end the trading week near the 0.7168 area. Moving averages indicate a bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of growth from the current levels in the market. At the moment, we should expect an attempt at a bullish correction of the currency pair on Forex and a test of the resistance area near the level of 0.7235. Then, a rebound and continuation of the fall of the currency…
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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.
Currency pair USD/CHF Dollar/Franc ends the trading week near the level of 0.9312. The pair continues to move within the framework of the growth and the downtrend channel. Moving averages indicate a bearish trend. However, prices broke through the area between the signal lines upward, which indicates pressure from buyers of the American currency and a potential continuation of the rise in the instrument. At the moment, we should expect an attempt to correct the price and test the support area near the level of 0.9165. Further, a rebound and an attempt to continue the rise of the pair with…
Bitcoin BTC/USD ends the trading week at the level of 56002, continues to move in the framework of the growth and the ascending channel. Moving averages indicate a bullish trend. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and the potential continued growth of the asset’s quotes. At the moment, we should expect an attempt to develop a correction and a test of the support area near the level of 49045. Where can we again expect a rebound and continued growth in the Bitcoin rate with a potential target above…
Ethereum ETH/USD ends the trading week at 165.12 and continues to move as part of the correction and the formation of the ”Triangle” pattern. Moving averages indicate a bullish trend in ETH/USD. Prices moved up from the area between the signal lines, indicating pressure from buyers of cryptocurrency and potential continuation of growth already from the current levels.At the moment, we should expect an attempt to develop a rise in prices and a test of the support level near the area of 1465.05.Where we can again expect a rebound and continued growth in the rate and value of Ethereum with…
XRP/USD end the trading week at the level of 0.4444 and continue to move within the correction and the ascending channel. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the growth of the cryptocurrency from the current levels. At the moment, we should expect an attempt to develop a correction and a test of the support area near 0.3725. Where can we expect a rebound again and a continuation of the rise of the cryptocurrency to the area above the level of…
Litecoin LTC/USD completes the trading week at the level of 206.86 and continues to move within the growth and upward channel. Moving averages indicate a bullish trend. Prices moved up from the area between the signal lines. This indicates pressure from buyers of the digital asset and the potential continued growth of the Litecoin rate in the current trading week. At the moment, we should expect an attempt to develop a correction and a test of the support area near the level of 180.55. Where can we expect a rebound again and an attempt to increase the fall in the…
Bitcoin Cash ends the trading week at 536.04 and continues to move within the growth and upward channel. Moving averages indicate a bullish trend. Prices moved up from the area between the signal lines, indicating pressure from buyers of the coin and potential continued growth. As part of the BCH/USD rate forecast for the next trading week, we should expect an attempt to fall in the value of a digital asset and a test of the support area near the level of 415.05. From where a rebound is expected again and an attempt to grow the Bitcoin Cash cryptocurrency with…
Silver are completing the trading week near the 25.51 area. Quotes continue to move within the correction and the ascending channel, here the ”Triangle” pattern is being formed. Moving averages indicate a bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from metal buyers and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a minor correction in the value of the asset and a test of the support level near the 22.45 area. Further, the continued growth in the price…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the European currency and a potential continuation of the fall in quotations from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.1933. As part of the Forex forecast for March 12, 2021, we should expect an attempt to develop growth and test the resistance level, which is located…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the Pound to US Dollar rate on Forex is 1.3947. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of the currency pair and the potential continued growth of the instrument. At the moment, we should expect an attempt of a downward correction of the British Pound against the US Dollar and a test of the resistance area near the level of 1.3865.…