GOLD continue to move as part of the correction. At the time of the publication of the forecast, the price of GOLD is 1645 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines up, which indicates pressure from buyers and the potential continuation of the rise from current levels. At the moment, we should expect an attempt to reduce and test the support level near the area of 1610. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level…
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.
Silver continue to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the price of Silver is 16.78 Dollars. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines, which indicates 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 17.05. Where can we expect a rebound and a continued…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the formation of the «Triangle» model. Moving averages indicate a short-term bearish trend for the pair. Prices returned below the area between the signal lines, indicating strong pressure from the 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 0.6297. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6345. Further,…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the downward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9390. Moving averages indicate a short-term bearish trend for the pair. Prices pierced down the area between the signal lines, indicating pressure from sellers of the American currency. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9445. Then, a rebound and continued depreciation of the US…
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 72.07. 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 forecast for tomorrow March 12, 2020, we should expect an attempt to develop a correction and test the support level near the area of 70.25 Rubles per US Dollar. Then, a rebound and continued…
BTC/USD are trading at 7709 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 $141 021 204 809. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices have gone down from the area between the lines, indicating pressure from the sellers of Digital Gold. As part of the cryptocurrency rate forecast for March 12, 2020, we should expect an attempt to increase the value of the digital asset and test the resistance level near the area of 8185. Where…
ETH/USD are trading at 186.58 and continue to move as part of the decline and the downward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $20 549 651 367. 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 205.05. Where again we should expect a rebound and a continuation of the Ethereum rate drop…
LTC/USD are trading at 46.41 and continue to move as part of the fall and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $3 039 662 058. 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 54.05. Where again we should expect a rebound and a continued…
XRP/USD are trading at 0.2001 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 $8 941 220 424. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have gone down from 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 a test of the resistance level near the 0.2165 area. Further, the continuation of the fall of cryptocurrency to the…
BCH/USD are trading at 256.29 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 $4 709 526 413. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices have gone down from the area between the signal lines, indicating pressure from sellers. As part of the cryptocurrency rate forecast for March 12, 2020, one should expect an attempt to develop the growth of the asset value and test the resistance level near the area of 290.05. Where again…