LTC/USD are trading at 33.94 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 $2 194 238 110. 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 continued decline in…
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 0.1450 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 $6 410 038 169. 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 0.1635. Further, the continuation of the fall of cryptocurrency to the area…
BCH/USD are trading at 181.14 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 $3 282 337 314. 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 18, 2020, one should expect an attempt to develop an asset value correction and test the resistance level near the area of 225.05. Where again we should expect…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction. 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 1.1165. As part of the Forex forecast, we should expect an attempt to continue the development of the fall and test the support level near the area of 1.0995. Further, the rebound and continued growth of the Euro/Dollar currency pair. The potential target of this…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2238. Moving averages indicate a short-term bearish trend. Prices went far down from 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 develop the growth of the British Pound and a test of the resistance area near the level of 1.2425. Where again we should expect a rebound…
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 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 0.6142. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.6335. Further, the rebound and the continued fall of quotations in the area below 0.5905. 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 bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 105.74. 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 March 17, 2020, we should expect an attempt to increase slightly and test the resistance area near…
Brent continue to move within the fall and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 30.06 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices have gone down 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 growth and test the resistance level near the area of 41.25 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3987. Moving averages indicate the presence of a short-term bullish trend for the pair. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3645. Further, the rebound and the continued rise of the currency pair on Forex. The potential target of this movement of the instrument is the area above…
GOLD continue to move as part of a strong fall. At the time of the publication of the forecast, the price of Gold is 1506 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices pierced down the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to grow 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 GOLD analysis March…