XRP/USD are trading at 0.1854 and continue to move as part of the correction and the upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 303 379 167. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are testing the area between the signal lines, indicating pressure from asset sellers. At the moment, we should expect an attempt to grow a digital asset and test the resistance level near the area of 0.2055. Further, the continuation of the fall of cryptocurrency to the area below the…
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.
BCH/USD are trading at 232.15 and continue to move as part of the correction and the upward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 285 241 179. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices push away from the area between the signal lines, which indicates pressure from sellers. As part of the cryptocurrency rate forecast for April 23, 2020, one should expect an attempt to continue the development of a bullish correction of the asset value and test the resistance level near the area…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate a short-term bearish trend for the pair. Prices pierced the area between the signal lines down, indicating pressure from sellers of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0865. As part of the FOREX forecast for April 22, 2020, we should expect an attempt to develop a correction and test the resistance level near the area of 1.0915. Further, the rebound and continued fall of the Euro/Dollar currency pair.…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2320. Moving averages indicate a short-term bullish trend. Prices pierced the area between the signal lines down, indicating pressure from sellers. At the moment, we should expect an attempt to develop the growth of the British Pound and a test of the resistance area near the level of 1.2560. Where again we should expect a rebound and a continued fall…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the bullish channel. 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. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6293. At the moment, we should expect an attempt to rise and test the resistance area near the level of 0.6385. Further, the rebound and the continued fall of quotations in the area below 0.5915. AUD/USD Forecast Australian…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of the Double Bottom reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.70. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from sellers of the US Dollar. As part of the forecast for the Japanese Yen on April 22, 2020, we should expect an attempt to develop a correction…
Brent continue to move in the framework of a strong fall and a downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 19.98 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices have gone far down from the area between the signal lines, indicating pressure from the sellers of Black Gold. At the moment, we should expect an attempt to develop an upward correction and a test of the resistance level near the area of 25.05 dollars per barrel. Further, the continuation of the fall in the…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.4205. Moving averages indicate the presence of a short-term bullish trend for the pair. At the moment, we should expect an attempt to fall and test the support level near the area of 1.3995. Further, the rebound and continued growth of the currency pair on Forex. The potential target of such a movement of the instrument is the area…
GOLD continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the price of GOLD is 1680 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1670. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1805. XAU/USD Forecast and…
Silver continue to move as part of the fall and the downward channel. At the time of the publication of the forecast, the price of Silver is $ 14.65. Moving averages indicate a bullish trend. Prices pierced the area between the signal lines down, which indicates pressure from the sellers of the asset and the potential continuation of the fall already from current levels. At the moment, we should expect an attempt to develop a growth in the value of the metal and a test of the resistance level near the area of 15.15. Where can we expect a rebound…