LTC/USD are trading at 37.22 and continue to move as part of the correction and the «Triangle» model. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $2 442 172 628. Moving averages indicate the presence of a short-term bearish trend for Litecoin. Prices are testing the area between the signal lines down, which indicates pressure from sellers and a potential drop already from current levels. At the moment, we should expect an attempt to increase the value of the digital asset and test the resistance level near the area of 40.05. Where again…
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.
XRP/USD are trading at 0.1686 and continue to move as part of the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $7 493 174 990. 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 0.1835. Further, the continuation of the fall of cryptocurrency to the area below the…
BCH/USD are trading at 216.42 and continue to move as part of the correction and the formation of the «Triangle» model. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 935 404 759. Moving averages indicate the presence of a short-term sideways trend in Bitcoin Cash. Prices are testing the area between the signal lines, which indicates pressure from sellers. As part of the cryptocurrency rate forecast for April 2, 2020, one should expect an attempt to develop an asset value correction and a test of the resistance level near the area of 223.55.…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of the fall and the downward channel. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices returned to the area between the signal lines, indicating pressure from sellers of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0997. As part of the FOREX forecast, we should expect an attempt to develop a bullish correction and a test of the resistance level near the 1.1155 area. Further, the rebound and continued fall of the Euro/Dollar currency pair. The…
Currency pair Pound/Dollar GBP/USD continues to move as part of a strong upward correction and a downward channel. At the time of the publication of the forecast, the pound to the US dollar at FOREX is 1.2399. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, which indicates pressure from the sellers and the potential continuation of the decline in the pair. At the moment, we should expect an attempt to continue the development of the bullish correction of the British Pound and a test of the resistance area near the level of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the formation of the «Wedge» reversal pattern. Moving averages indicate a short-term bearish trend. Prices pushed from the area between the signal lines, indicating pressure from the sellers of the currency pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6121. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6235. Further, the rebound and continued fall of quotations in the area below 0.5435.…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue 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 Japanese Yen is 109.55. Moving averages indicate the presence of a short-term bullish 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 forecast for the Japanese Yen on April 1, 2020, we should expect an attempt to continue the fall and test the support area near…
Brent continue to move as part of the decline and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 26.56 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices pushed 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 a bullish correction and a test of the resistance level near the area of $ 30.05 per barrel. Further, the continuation of the fall in the oil rate to the area…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.4100. Moving averages indicate the presence of a short-term bullish trend for the pair. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.4255. Further, the rebound and continued fall of the currency pair on FOREX. The potential target of this movement of the instrument is the area below…
GOLD continue to move as part of the decline and the rising channel. At the time of the publication of the forecast, the price of GOLD is 1587 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices push away from the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to develop growth and test the resistance level near the area of 1605. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1465.…