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 1689 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1650. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1775. XAU/USD Forecast and GOLD analysis…
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 growth and formation of the «Wedge» model. At the time of the publication of the forecast, the price of Silver is 15.17 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 rise in the value of the metal and a test of the resistance level near the area of 15.45. Where can we expect a rebound and the continuation of…
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 are testing the area between the signal lines, which indicates pressure from the 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 0.6064. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6105. Further, within the framework…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and formation of the «Triangle» model. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9666. Moving averages indicate a short-term bearish trend for the pair. Prices pierced the area between the signal lines down, indicating pressure from the seller of the American currency and the potential continuation of the fall of the pair. At the moment, we should expect an attempt to depreciate the Dollar against the Franc and test the support area near…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the decline and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 73.73. Moving averages indicate a short-term bearish trend. Prices pierced the area between the signal lines, indicating pressure from sellers of American currency. As part of the forecast for the Dollar on April 14, 2020, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area of 75.55 Rubles per US Dollar.…
BTC/USD are trading at 6715 and continue to move as part of the correction. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $124 664 075 564. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices pushed from the area between the lines, indicating pressure from the sellers of Digital Gold and a potential continuation of the fall in the near future. As part of the cryptocurrency rate forecast for tomorrow, April 14, 2020, one should expect an attempt to correct the value of the digital asset and test the resistance level…
ETH/USD are trading at 151.07 and continue to move as part of the correction and the upward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $17 228 928 852. 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 155.05. Where again we should expect a rebound and a continued decline in the Ethereum rate…
LTC/USD are trading at 39.69 and continue to move as part of the correction and the downward channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $2 637 442 070. Moving averages indicate the presence of a short-term bearish trend for Litecoin. Prices are testing the area between the signal lines, which indicates pressure from sellers and the potential continuation of the fall 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 41.75.…
XRP/USD are trading at 0.1803 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 $8 163 833 119. Moving averages indicate the presence of a short-term bearish trend for Ripple. 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 grow a digital asset and test the resistance level near the area of 0.1895. Further, the continuation of…
BCH/USD are trading at 219.90 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 $4 129 640 262. 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 buyers. As part of the cryptocurrency rate forecast for April 14, 2020, one should expect an attempt to develop an asset value correction and a test of the resistance level near the area of 245.05. Where again we…