XRP/USD are trading at 0.1934 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 $8 490 142 082. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have pierced the area between the signal lines up, which indicates pressure from buyers of the asset. 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…
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 241.64 and continue to move as part of the correction and formation of the «Head and Shoulders» model. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 289 099 780. Moving averages indicate the presence of a short-term bearish 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 24, 2020, one should expect an attempt to continue the development of a bullish correction of the asset value and test the resistance level…
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 push from the area between the signal lines down, which indicates pressure from sellers of the European currency. At the time of the publication of the forecast, the euro/dollar rate is 1.0805. As part of the Forex forecast for April 23, 2020, we should expect an attempt to develop a correction and test the resistance level near the area of 1.0835. Further, the rebound and continued fall of the Euro/Dollar…
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 1.2306. Moving averages indicate a short-term bearish 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 1.2440. 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 downward channel. Moving averages indicate a short-term bullish trend. Prices pierced the area between the signal lines up, which indicates 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 0.6314. At the moment, we should expect an attempt to rise and test the resistance area near the level of 0.6355. Further, the rebound and continued fall of quotations to the area below 0.5865. 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 «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.73. 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 23, 2020, we should expect an attempt to develop a…
Brent continue to move in the framework of strong growth and a downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 24.26 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 fall and test the support level near the area of 22.65 dollars per barrel. Further, the continued growth of the oil rate in the region above the level…
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 1.4169. 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 1.4005 area. 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…
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 1713 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 1685. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1835. XAU/USD Forecast and GOLD…
Silver continue to move as part of the fall and the bearish channel. At the time of the publication of the forecast, the price of Silver is 15.06 Dollars. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines, 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 the growth in the value of the metal and test the resistance level near the area of 15.10. Where can we expect a rebound and the…