XRP/USD are trading at 0.1535 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 $6 746 520 719. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are testing 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 0.1765. Further, the continuation of the fall of cryptocurrency to the area below the…
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 216.20 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 $3 908 136 977. 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 sellers. As part of the cryptocurrency rate forecast for March 24, 2020, we 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…
Stock index Dow Jones continue to move as part of a strong fall and a downward channel. At the time of the publication of the forecast, the index is trading at 18731. Moving averages indicate a bearish trend on the index. At the moment, we should expect an attempt to develop a correction of quotations and a test of the resistance level near the area of 19655. Further, a rebound and a continued decline in the quotes of the Dow Jones stock index in the region below the level of 15450 is expected. Dow Jones Index Forecast and Analysis March…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.0654. The pair continues to move as part of the fall after strong growth. Moving averages indicate a bearish trend in the pair. Prices pierced the area between the signal lines down, indicating pressure from sellers of the European currency. At the moment, we should expect an attempt to develop a correction and test the resistance area near the level of 1.0755. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. The potential target of the rise is the area below the…
BRENT complete the trading week near the area of $ 27.26 per barrel. And it continues to move in the framework of a strong fall and even left the descending channel. Moving averages indicate a bearish trend. Prices pushed from the area between the signal lines, indicating strong pressure from sellers of raw materials. At the moment, we should expect an attempt to develop a correction and test the resistance area near the level of 35.05. Then, a rebound and continued fall of oil to the area below the level of 13.05 dollars per barrel. BRENT crude oil Forecast and…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.1593. The pair continues to move in a strong fall. Moving averages indicate a bearish trend. Prices pierced the area between the signal lines down, indicating pressure from sellers. At this, we should expect an attempt to develop a correction and test the resistance area near the level of 1.1965. Further, the rebound and the beginning of the fall of the Pound/Dollar quotes to the area below the level of 1.0345. GBP/USD Forecast and Analysis March 23 — 27, 2020 An additional signal in favor of the…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 79.55 Rubles per US Dollar. The pair continues to move in the framework of strong growth. Moving averages indicate a bullish trend. Prices have gone far from the area between the signal lines, which indicates pressure from buyers of the US dollar. In the current trading week, March 23 — 27, 2020, we should expect an attempt to develop a correction and test the support area near the level of 72.85. Where can we expect a rebound and continued growth of the Dollar rate…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.5811. The pair continues to move in the framework of a strong fall and left the descending channel. Moving averages indicate a bearish trend. Prices pushed from the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 0.6065. Then, a rebound and continued fall of AUD/USD with a potential target below the level of 0.4705. AUD/USD Forecast and Analysis March 23 — 27, 2020…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.4424. The pair continues to move as part of the growth of the rising channel. Moving averages indicate an uptrend. Prices have gone far up from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of 1.3905. Then, continued growth of quotations with a target above the level of 1.5205. USD/CAD Forecast and Analysis March 23 — 27, 2020 In favor…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 111.22. The pair continues to move as part of strong growth after the fall. Moving averages indicate a bearish trend. Prices have gone far up from the area between the signal lines down, indicating pressure from buyers of the US dollar. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of 107.55. Then the rebound and continued growth of the pair in the region above the level of 117.05.…