Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 107.77. The pair continues to move as part of the correction. Moving averages indicate a bearish trend. Prices returned below the area between the signal lines, indicating pressure from sellers of the US Dollar. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the area of 106.45. Then, the rebound and continued growth of the pair in the region above the level of 114.25. USD/JPY Forecast and Analysis April 20…
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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.
GOLD completes the trading week near the area of 1694. XAU/USD quotes continue to move as part of the growth and upward channel. Moving averages indicate a bullish trend for GOLD. Prices pushed from the area between the signal lines, which indicates pressure from buyers and the potential continuation of the upward trend. At the moment, we should expect an attempt to develop a price reduction and a test of the support level near the area of 1605. Further, the continuation of the growth in the price of GOLD with a potential target above the level of 1855. GOLD Price…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of 0.5981. Moving averages indicate a downward trend in the pair. Prices pushed off the signal lines, which indicates pressure from the sellers of the currency pair and the potential continuation of the development of the bearish trend. At the moment, we should expect an attempt to grow the currency pair at FOREX and test the resistance area near the level of 0.6155. Then, a rebound and continued fall of the currency pair with a potential target below the level of 0.5355. NZD/USD…
Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9718. The pair continues to move within the correction and the downward channel. Moving averages indicate a downward trend. Prices are testing the area between the signal lines, which indicates strong pressure from sellers of American currency. At the moment, we should expect an attempt to reduce prices and test the support area near the level of 0.9545. Further, a rebound and an attempt to continue the growth of the pair with a potential target above the level of 1.0175. USD/CHF Forecast and Analysis April 20 — 24,…
Bitcoin BTC/USD ends the trading week at 7114 and continues to move as part of the correction and the downward channel. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines, which indicates strong pressure from sellers and a potential drop from current levels. At the moment, we should expect an attempt to continue the correction and test the resistance area near the level of 8205. Where again we should expect a rebound and the continuation of the fall of the Bitcoin rate with a potential target below the level of 3550. Bitcoin Forecast and…
Ethereum ETH/USD closes the trading week at 170.09 and continues to move as part of the correction and the downward channel. Moving averages indicate a bearish trend for ETH/USD. Prices are testing the area between the signal lines, which indicates pressure from cryptocurrency sellers. At the moment, we should expect an attempt to grow and test the resistance level near the area of 195.05. Where again we should expect a rebound and a continued decline in the rate and cost of Ethereum with a potential target below 65.05. Ethereum Forecast and Analysis April 20 — 24, 2020 An additional signal…
XRP/USD complete the trading week at 0.1869 and continue to move within the correction and the downward channel. Moving averages indicate a bearish trend. Prices pushed from the area between the signal lines, which indicates pressure from sellers and a potential drop already from current levels. At the moment, we should expect an attempt to develop growth and test the resistance area near 0.2255. Where again we should expect a rebound and continued fall of the cryptocurrency to the area below the level of 0.0875. XRP Forecast and Analysis XRP/USD April 20 — 24, 2020 An additional signal in favor…
Litecoin LTC/USD ends the trading week at 41.77 and continues to move as part of the correction and the downward channel. Moving averages indicate a bearish trend. Prices pushed from the area between the signal lines. This indicates pressure from the sellers of the digital asset and the potential continuation of the fall in the rate of Litecoin in the current trading week. At the moment, we should expect an attempt to develop a slight correction and test the resistance area near the level of 50.05. Where again we should expect a rebound and an attempt to start a fall…
Bitcoin Cash ends the trading week at 233.89 and continues to move as part of the bullish correction and the downward channel. Moving averages indicate a bearish trend. Prices pushed from the area between the signal lines, indicating pressure from coin sellers. As part of the forecast for the BCH/USD rate for the next trading week, we should expect an attempt to raise the value of the digital asset and test the resistance area near the level of 275.05. Where again, a rebound is expected and an attempt to drop Bitcoin Cash with a potential target below the level of…
Silver complete the trading week near the area of 15.12. Quotes continue to move within the bullish correction and the downward channel. At the moment, we should expect an attempt to continue the growth in the value of the asset and a test of the resistance level near the area of 16.45. Further, the beginning of the fall in the price of Silver with a potential target below 11.35. Silver Weekly Forecast and Analysis April 20 — 24, 2020 In favor of falling quotes and Silver prices in the current trading week, April 20 — 24, 2020, a test of…