GOLD continue to move as part of a strong correction. At the time of the publication of the forecast, the price of GOLD is 1589 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices have broken down the area between the signal lines up, which indicates pressure from sellers. At the moment, we should expect an attempt to reduce and test the support level near the area of 1565. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1705. 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 fall and the downward channel. At the time of the publication of the forecast, the price of Silver is 15.95 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 in the value of the metal and a test of the resistance level near the area of 16.45. Where can we expect a rebound and the continuation of the fall in…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall. 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 0.6167. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6255. Further, within the framework of the forecast and Forex…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the downward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9449. Moving averages indicate a short-term bearish trend for the pair. Prices pierced down the area between the signal lines, indicating pressure from sellers of the American currency. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9535. Then, a rebound and continued depreciation of the US…
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 73.28. 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 13, 2020, we should expect an attempt to develop a correction and test the support level near the area of 70.05 Rubles per US Dollar. Then, a rebound and continued…
BTC/USD are trading at 6108 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 $110 879 491 505. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices have gone down from the area between the lines, indicating pressure from the sellers of Digital Gold. As part of the cryptocurrency forecast for March 13, 2020, we should expect an attempt to increase the value of the digital asset and test the resistance level near the area of 6805. Where again…
ETH/USD are trading at 139.81 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 $15 217 747 245. 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 the continuation of the…
LTC/USD are trading at 35.12 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 $2 260 707 230. 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 39.05. Where again we should expect a rebound and a continued fall…
XRP/USD are trading at 0.1632 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 $7 173 890 463. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have gone down from 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 0.1755. Further, the continuation of the fall of cryptocurrency to the area…
BCH/USD are trading at 180.25 and continue to move as part of the fall and the bearish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 280 823 580. 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 13, 2020, we should expect an attempt to develop an asset value correction and a test of the resistance level near the area of 225.05. Where again we…