XRP/USD are trading at 0.2075 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 $9 217 477 989. 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 0.2175. Further, the continuation of the fall of cryptocurrency to the area…
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.
BCH/USD are trading at 267.84 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 $4 920 323 063. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices have gone down from the area between the signal lines, indicating pressure from sellers. As part of the cryptocurrency rate forecast for March 11, 2020, one should expect an attempt to develop the growth of the asset value and test the resistance level near the area of 300.05. Where again…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of strong growth and an bullish channel. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are located far from the area between the signal lines, which indicates pressure from buyers of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1189. As part of the Forex forecast, we should expect an attempt to continue the development of a minor correction and a test of the support level near the 1.1345 area. Further, the rebound and continued growth…
Currency pair Pound/Dollar GBP/USD continues to move as part of the bullish correction and the downward channel. At the time of the publication of the forecast, the pound to the US dollar at FOREX is 1.3134. Moving averages indicate a short-term bearish trend. Prices pierced the area between the lines up, which indicates pressure from buyers. 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 1.3205. Where again we should expect a rebound and a continued fall in the quotes of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth. Moving averages indicate a short-term bearish trend. 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 forecast, the Australian Dollar to US Dollar rate is 0.6679. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.6595. Further, the rebound and the beginning of the growth of quotations in the area above 0.6915. AUD/USD Forecast Australian Dollar…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of a strong fall. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 102.27. Moving averages indicate a short-term bearish trend for the pair. Prices remain below the area between the signal lines, indicating pressure from sellers of the US Dollar. As part of the forecast of the Japanese Yen rate on March 10, 2020, we should expect an attempt to increase slightly and test the resistance area near the level of…
Brent continue to move in the framework of a strong fall and a downward channel. At the time of the publication of the forecast, the price of Brent crude oil is 36.77 dollars per barrel. Moving averages indicate a short-term bearish trend for oil. Prices have gone far 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 43.80 dollars per barrel. Further, the continuation of the fall in the oil rate to the…
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 1.3537. 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 1.3455. 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 the growth. At the time of the publication of the forecast, the price of GOLD is 1668 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines up, which indicates pressure from buyers and the potential continuation of the rise from current levels. At the moment, we should expect an attempt to reduce and test the support level near the area of 1630. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level…
Silver continue to move as part of the correction. At the time of the publication of the forecast, the price of Silver is 16.87 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 17.25. Where can we expect a rebound and a continued fall in the price of Silver with…