ETH/USD are trading at 122.05 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 $13 974 490 274. 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 145.05. Where again we should expect a rebound and a continued decline in…
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.
LTC/USD are trading at 35.09 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 $2 339 351 800. 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 40.05. Where again we should expect a rebound and a continued decline…
XRP/USD are trading at 0.1481 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 $6 731 015 466. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have gone far below 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 0.1505. Further, the continuation of the fall of cryptocurrency to the area…
BCH/USD are trading at 186.16 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 $3 498 635 015. 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 20, 2020, one should expect an attempt to develop an asset value correction and a test of the resistance level near the 195.05 area. Where again we should…
Stock index S&P 500 continue to move as part of a strong fall and a bearish channel. At the time of the publication of the forecast, the index is trading at 2368. At the moment, we should expect an attempt to develop an upward correction and test the resistance level near the area of 2555. Where can we expect a rebound and a continued decline in S&P 500 quotes to the area below the level of 1935. S&P 500 Forecast and Analysis March 20, 2020 A test of the resistance line on the relative strength index (RSI) will be in…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of the fall and the downward channel. The bulls could not go to the development of the upward model of the «Wolfe Wave». Moving averages indicate the presence of a short-term upward trend for the pair. Prices are repelled from the region by signal lines, which indicates pressure from sellers of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0886. As part of the Forex forecast, we should expect an attempt to develop a bullish correction and a test of the resistance…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2160. Moving averages indicate a short-term bearish trend. Prices went far down from the area between the signal lines, which indicates pressure from the sellers and the potential continuation of the decline in the pair. 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 1.1785. Where again we should expect a rebound…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend. Prices 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 forecast, the Australian Dollar to US Dollar rate is 0.5879. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.5935. Further, the rebound and continued fall of quotations in the area below 0.5525. AUD/USD Forecast Australian Dollar…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.92. Moving averages indicate a short-term bearish trend for the pair. Prices have pierced the area between the signal lines up, indicating pressure from buyers of the US Dollar. As part of the forecast of the Japanese Yen exchange rate on March 19, 2020, we should expect an attempt to increase slightly and test the resistance…
Brent continue to move within the fall and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 26.88 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices have gone 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 30.05 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of…