GOLD continue to move as part of the correction. At the time of the publication of the forecast, the price of GOLD is 1479 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices push away from the area between the signal lines, which indicates pressure from sellers. At the moment, we should expect an attempt to develop a correction and test the resistance level near the area of 1525. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1375. XAU/USD Forecast and…
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 fall and the bearish channel. At the time of the publication of the forecast, the price of Silver is 11.99 Dollars. Moving averages indicate a bearish trend. Prices pushed from the area between the signal lines, indicating pressure from asset sellers and a potential drop already from current levels. At the moment, we should expect an attempt to develop a correction of the value of the metal and a test of the resistance level near the area of 13.25. Where can we expect a rebound and a continued fall in the price…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the bearish 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 0.5651. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.5755. Further, within the framework of…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth and upward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9668. 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 a potential drop already from current levels. At the moment, we should expect an attempt to depreciate the Dollar against the Franc and test the support area near the level…
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 80.51. Moving averages indicate a short-term bullish trend. Prices push from the area between the signal lines, which indicates pressure from buyers of the American currency. As part of the USD/RUB forecast for tomorrow March 20, 2020, we should expect an attempt to develop a correction and test the support level near the area of 74.35 Rubles per US Dollar. Then, a rebound and continued…
BTC/USD are trading at 5610 and continue to move as part of the fall and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $104 807 646 211. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are testing the area between the lines, which indicates pressure from the sellers of Digital Gold. As part of the cryptocurrency rate forecast for tomorrow, March 20, 2020, one should expect an attempt to correct the value of the digital asset and test the resistance level near the area of 5965. Where…
ETH/USD are trading at 122.05 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 $13 974 490 274. 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 145.05. Where again we should expect a rebound and a continued decline in…
LTC/USD are trading at 35.09 and continue to move as part of the fall and the downward channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $2 339 351 800. Moving averages indicate the presence of a short-term bearish trend for Litecoin. Prices pushed from the area between the signal lines down, indicating pressure from sellers. 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 we should expect a rebound and a continued decline…
XRP/USD are trading at 0.1481 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 $6 731 015 466. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have gone far below 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 0.1505. Further, the continuation of the fall of cryptocurrency to the area…
BCH/USD are trading at 186.16 and continue to move as part of the fall and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 498 635 015. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices are far from the area between the signal lines, indicating pressure from sellers. As part of the cryptocurrency rate forecast for March 20, 2020, one should expect an attempt to develop an asset value correction and a test of the resistance level near the 195.05 area. Where again we should…