Author: forex24pro

Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the bearish channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9530. 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 of 0.9585.…

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 74.50. 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 18, 2020, we should expect an attempt to develop a correction and test the support level near the area of ​​70.15 Rubles per US Dollar. Then, a rebound and…

BTC/USD are trading at 5286 and continue to move as part of the fall and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $95 081 820 314. 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 18, 2020, we should expect an attempt to correct the value of the digital asset and test the resistance level near the area of ​​5405. Where…

ETH/USD are trading at 114.88 and continue to move as part of the correction and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $12 628 242 504. 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 ​​140.05. Where again we should expect a rebound and a continuation of the…

LTC/USD are trading at 33.94 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 $2 194 238 110. 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 continued decline in…

XRP/USD are trading at 0.1450 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 $6 410 038 169. 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 ​​0.1635. Further, the continuation of the fall of cryptocurrency to the area…

BCH/USD are trading at 181.14 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 $3 282 337 314. 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 18, 2020, one should expect an attempt to develop an asset value correction and test the resistance level near the area of ​​225.05. Where again we should expect…

Currency pair Euro/Dollar EUR/USD continues to move as part of the correction. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices returned to the area between the signal lines, indicating pressure from sellers of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1165. As part of the Forex forecast, we should expect an attempt to continue the development of the fall and test the support level near the area of ​​1.0995. Further, the rebound and continued growth of the Euro/Dollar currency pair. The potential target of this…

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 1.2238. 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 1.2425. Where again we should expect a rebound…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction 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 0.6142. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.6335. Further, the rebound and the continued fall of quotations in the area below 0.5905. AUD/USD Forecast Australian…