LTC/USD are trading at 32.25 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 $2 122 952 690. 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 41.05. Where again we should expect a rebound and a continued decline…
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.
XRP/USD are trading at 0.1388 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 $6 310 569 781. 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 0.1845. Further, the continuation of the fall of cryptocurrency to the area…
BCH/USD are trading at 169.11 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 $3 185 351 602. 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 17, 2020, one should expect an attempt to develop an asset value correction and a test of the resistance level near the area of 235.05. Where again we…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1164 area. The pair continues to move as part of the correction after strong growth. Prices have left the downward channel. Moving averages indicate a downward trend in the pair. However, prices broke through the area between the signal lines up, which indicates pressure from buyers of the European currency. At the moment, we should expect an attempt to develop correction and test the support area near the level of 1.1015. Where is the rebound expected and continued growth of the Euro/Dollar. The potential target of the rise is…
BRENT complete the trading week near the area of 34.94 dollars per barrel. And it continues to move in the framework of a strong fall and a downward 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 decline and test the support area near the level of 30.05. Then, a rebound and the beginning of oil growth in the region above the level of 55.65 dollars per barrel. BRENT crude oil Forecast and Analysis…
Currency pair Pound Dollar GBP/USD completes the trading week near the area of 1.2587. The pair continues to move in a strong fall. Moving averages indicate a bullish trend. Prices pierced the area between the signal lines down, indicating pressure from sellers. At this, we should expect an attempt to develop a fall and test the support area near the level of 1.2405. Further, the rebound and the beginning of the growth of the Pound/Dollar quotes to the area above the level of 1.3725. GBP/USD Forecast and Analysis March 16 — 20, 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 72.79 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 16 — 20, 2020 we should expect an attempt to develop a correction and test the resistance area near the level of 76.05. Where can we expect a rebound and the continuation of the fall of…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6303. The pair continues to move in the framework of a strong fall and a downward 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 a decline and test the support area near the level of 0.6045. Then, the continuation of the rebound and the beginning of the growth of AUD/USD with a potential target above the level of 0.6655. AUD/USD Forecast and…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3783. The pair continues to move as part of the growth of the bullish 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 continue growth and test the resistance level near the area of 1.3955. Then, the continuation of the fall of quotations with the target below the level of 1.3405. USD/CAD Forecast and Analysis March 16 — 20, 2020 A test…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 106.22. The pair continues to move as part of the correction after a strong fall. Moving averages indicate a bearish trend. Prices have gone far down from the area between the signal lines down, indicating pressure from sellers of the US dollar. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area of 107.35. Then the rebound and the continuation of the fall of the pair in the area…