GOLD continue to move as part of the growth. At the time of the publication of the forecast, the price of GOLD is 1620 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices pierced the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of 1575. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1735. XAU/USD Forecast and GOLD analysis March…
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 correction and the downward channel. At the time of the publication of the forecast, the price of Silver is 13.94 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 correction in the value of the metal and a test of the resistance level near the area of 14.95. Where can we expect a rebound and the continuation of the fall…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices pushed from the area between the signal lines, indicating strong pressure from sellers 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 0.5794. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.5855. Further, within the framework of…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9814. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices push from the area between the signal lines, which indicates pressure from buyers of the American currency and the potential continuation of growth. At the moment, we should expect an attempt to depreciate the Dollar against the Franc and test the support area near the level of 0.9685. Then, a rebound…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 78.40. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from buyers of the American currency. As part of the USD/RUB forecast for tomorrow March 25, 2020, we should expect an attempt to develop a correction and test the support level near the area of 74.25 Rubles per US Dollar. Then, a rebound and continued growth…
BTC/USD are trading at 6640 and continue to move as part of the correction and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $121 558 722 669. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are testing the area between the lines, indicating pressure from Digital Gold sellers and a potential drop in the near future. As part of the cryptocurrency rate forecast for tomorrow, March 25, 2020, one should expect an attempt to correct the value of the digital asset and test the resistance level near…
ETH/USD are trading at 135.34 and continue to move as part of the decline and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $15 098 974 640. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices pushed from the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 140.05. Where again we should expect a rebound and a continued decline in…
LTC/USD are trading at 37.76 and continue to move as part of the fall and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $2 555 760 054. 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 42.55. Where…
XRP/USD are trading at 0.1585 and continue to move as part of the fall and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $7 066 928 477. 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 0.1745. Further, the continuation of the fall of cryptocurrency to the area below the…
BCH/USD are trading at 224.01 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 $4 121 067 152. 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 March 25, 2020, one should expect an attempt to develop an asset value correction and a test of the resistance level near the area of 235.05. Where again we…