GOLD continue to move as part of the growth. At the time of the publication of the forecast, the price of GOLD is 1660 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices pierced 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 1645. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of…
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 an upward correction. At the time of the publication of the forecast, the price of Silver is 17.29 Dollars. Moving averages indicate a bearish trend. Prices are pushing 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 growth in the value of the metal and a test of the resistance level near the area of 17.55. Where can we expect a rebound and a continued fall in the price of Silver…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of an upward correction and a downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices again 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 Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6297. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6315. Further, within the…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall 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 0.9498. 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 0.9565. Then, a rebound and continued depreciation of the US…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of growth and the rising channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 66.94. 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 rate forecast for tomorrow, March 6, 2020, we should expect an attempt to lower and test the support level near the area of 65.35 Rubles per US Dollar. Then, a rebound…
BTC/USD are trading at 9090 and continue to move as part of the growth and upward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $166 439 638 792. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices have gone up from the area between the lines, indicating pressure from «Digital Gold» buyers. As part of the cryptocurrency rate forecast for tomorrow, March 6, 2020, we should expect an attempt to drop the value of the digital asset and test the support level near the area of 8825. Where again we…
ETH/USD are trading at 230.27 and continue to move as part of the correction and the downward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $25 590 391 792. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices are testing the area between the signal lines, which indicates pressure from the sellers, however, the potential for a rebound top is still there. At the moment, we should expect an attempt to drop the value of the coin and test the support level near the area of 220.05. Where again we…
LTC/USD are trading at 61.89 and continue to move as part of the correction and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $4 032 435 447. Moving averages indicate the presence of a short-term bearish trend for Litecoin. Prices are testing the area between the signal lines down, which indicates pressure from sellers and a probable fall already from current levels. At the moment, we should expect an attempt to reduce the value of the digital asset and test the support level near the area of 58.05. Where…
XRP/USD are trading at 0.2380 and continue to move as part of the correction and the formation of the «Triangle» model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $10 608 768 200. Moving averages indicate the presence of a short-term lateral trend for Ripple. Prices have pierced the area between the signal lines up, which indicates pressure from buyers of the asset. At the moment, we should expect an attempt to reduce the digital asset and test the support level near the 0.2295 area. Further, the continued growth of cryptocurrency in…
BCH/USD are trading at 338.80 and continue to move as part of the correction and the upward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $6 250 023 759. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices have gone up from the area between the signal lines, which indicates pressure from buyers. As part of the cryptocurrency rate forecast for March 6, 2020, one should expect an attempt to develop a decrease in the value of the asset and a test of the support level near the…