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 1.4428. 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 1.4155 area. 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 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.
GOLD continue to move as part of the correction. At the time of the publication of the forecast, the price of Gold is 1508 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices pierced down the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to develop a correction and test the resistance level near the area of 1565. Where can we expect a rebound and the continuation of the fall in the price of Gold with a target below the level of 1365. XAU/USD Forecast and GOLD analysis…
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 12.20 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 12.35. 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 and the downward channel. 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 0.5839. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.5935. Further, within the framework of…
Currency pair Dollar Franc USD/CHF continues to move as part of a strong bullish correction and a downward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9668. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from sellers of the American currency and a potential drop already from current levels. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level…
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 79.35. 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 19, 2020, we should expect an attempt to develop a correction and test the support level near the area of 76.55 Rubles per US Dollar. Then, a rebound and…
BTC/USD are trading at 5360 and continue to move as part of the fall and the formation of the «Triangle» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $95 839 045 053. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are testing the area between the lines, which indicates pressure from the sellers of Digital Gold. As part of the cryptocurrency rate forecast for tomorrow, March 19, 2020, one should expect an attempt to correct the value of the digital asset and test the resistance level near the area…
ETH/USD are trading at 114.05 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 $12 559 031 555. 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 the Ethereum rate…
LTC/USD are trading at 33.71 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 $2 161 330 155. 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 40.15. Where again we should expect a rebound and a continued decline…
XRP/USD are trading at 0.1441 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 $6 291 473 078. 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…