XRP/USD are trading at 0.1801 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 $8 093 557 834. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are testing the area between the signal lines, which indicates pressure from asset sellers and a potential drop already from current levels. At the moment, we should expect an attempt to grow a digital asset and test the resistance level near the area of 0.1855. Further, 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.
BCH/USD are trading at 219.61 and continue to move as part of the correction and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 051 422 021. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices pushed from the area between the signal lines, indicating pressure from buyers. As part of the cryptocurrency rate forecast for April 16, 2020, one should expect an attempt to develop an asset value correction and a test of the resistance level near the area of 245.05. Where again we should…
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 are testing the area between the signal lines, which indicates pressure from sellers of European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0966. As part of the Forex forecast, we should expect an attempt to develop a correction and a test of the support level near the area of 1.1045. Further, the rebound and continued growth of the Euro/Dollar currency pair. The potential…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and downward channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2609. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to continue the development of the growth of the British Pound and test the resistance area near the level of 1.2685. Where again we should expect a rebound and a continued fall in the quotes of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of strong growth and a bullish channel. Moving averages indicate a short-term bearish trend. Prices pierced the area between the signal lines up, 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 0.6415. At the moment, we should expect an attempt to rise and test the resistance area near the level of 0.6465. Further, the rebound and continued fall of quotations in the area below 0.5765. AUD/USD Forecast Australian Dollar…
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 inverted «Head and Shoulders» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.07. Moving averages indicate the presence of a short-term lateral trend for the pair. Prices have pierced the area between the signal lines down, indicating pressure from sellers of the US Dollar. As part of the Japanese Yen rate forecast for April 15, 2020, we should expect an attempt to…
Brent continue to move as part of the correction and the formation of the bullish «Wolfe Wave» model. At the time of the publication of the forecast, the price of Brent crude oil is $ 29.93 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices are testing the area between the signal lines, which indicates pressure from the sellers of Black Gold. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the area of $ 28.15 per barrel. Further, the continued growth of the oil…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3904. Moving averages indicate a short-term bearish trend for the pair. At the moment, we should expect an attempt to fall and test the support level near the area of 1.3745. Further, the rebound and continued growth of the currency pair on Forex. The potential target of this movement of the instrument is the area above the level of…
GOLD continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of GOLD is 1734 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1690. 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 GOLD analysis…
Silver continue to move as part of the growth and bullish channel. At the time of the publication of the forecast, the price of Silver is 15.75 Dollars. Moving averages indicate a bullish trend. Prices are testing the area between the signal lines, which indicates pressure from asset sellers and a potential drop already from current levels. At the moment, we should expect an attempt to develop a decrease in the cost of the metal and a test of the support level near the area of 14.65. Where can we expect a rebound and continued growth in Silver prices with…