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 1650 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 1620. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1755. XAU/USD Forecast and GOLD analysis…
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 growth and upward channel. At the time of the publication of the forecast, the price of Silver is 15.16 Dollars. Moving averages indicate a bearish 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 14.45 area. Where can we expect a rebound and continued growth in the price of Silver…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the upward channel. Moving averages indicate the presence of a short-term bullish trend for the pair. 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 Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6002. At the moment, we should expect an attempt to fall and test the support level near the area of 0.5935. Further, within…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the formation of the «Double Top» reversal pattern. At the time of the publication of the FOREX forecast, the rate of the US Dollar to the Swiss Franc is 0.9695. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices pushed from the area between the signal lines, indicating pressure from buyers of the American currency and the potential continuation of the fall of the pair. At the moment, we should expect an attempt to increase the dollar against the Franc and…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the decline. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 76.05. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of American currency. As part of the USD/RUB forecast for tomorrow, April 8, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 77.05 Rubles per US Dollar. Then, the rebound and continued…
BTC/USD are trading at 7375 and continue to move as part of the growth. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $133 814 268 329. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices pushed from the area between the lines, indicating pressure from Digital Gold buyers and a potential continuation of growth in the near future. As part of the cryptocurrency rate forecast for tomorrow, April 8, 2020, we should expect an attempt to correct the value of the digital asset and test the support level near the area…
ETH/USD are trading at 170.44 and continue to move as part of the growth and upward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $18 739 136 167. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices pushed from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to drop the value of the coin and test the support level near the area of 153.85. Where again we should expect a rebound and continued growth of the Ethereum rate with a…
LTC/USD are trading at 46.13 and continue to move as part of the growth and upward channel. Litecoin’s cryptocurrency capitalization at the time of the publication of the forecast is $2 972 546 852. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices pushed from the area between the signal lines down, which indicates pressure from buyers and the potential continuation of growth from current levels. At the moment, we should expect an attempt to reduce the value of the digital asset and test the support level near the area of 43.55. Where again we should…
XRP/USD are trading at 0.1997 and continue to move as part of strong growth and an upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 746 295 066. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices pushed from the area between the signal lines, indicating pressure from asset buyers. At the moment, we should expect an attempt to reduce the digital asset and test the support level near the area of 0.1825. Further, the continued growth of cryptocurrency in the region above the level of…
BCH/USD are trading at 259.01 and continue to move as part of the growth and bullish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 713 202 914. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices have gone up from the area between the signal lines, which indicates pressure from buyers. As part of the cryptocurrency rate forecast for April 8, 2020, one should expect an attempt to develop an asset value correction and a test of the support level near the area of 240.05. Where again…