LTC/USD are trading at 45.56 and continue to move as part of the growth and upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 975 180 578. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices are testing the area between the signal lines down, which indicates pressure from buyers and the potential continuation of growth from current levels. At the moment, we should expect an attempt to reduce the value of the digital asset and test the support level near the 43.45 area. Where again we should expect…
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 0.1963 and continue to move as part of the growth and upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 765 609 757. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices are testing the area between the signal lines, which indicates pressure from the buyers of the asset. At the moment, we should expect an attempt to reduce the digital asset and test the support level near the area of 0.1835. Further, the continued growth of cryptocurrency in the region above…
BCH/USD are trading at 257.59 and continue to move as part of the correction and the upward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 745 642 208. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices are testing the area between the signal lines, which indicates pressure from buyers. As part of the cryptocurrency rate forecast for April 10, 2020, one should expect an attempt to develop an asset value correction and a test of the support level near the 240.55 area. Where again we should…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth. Moving averages indicate the presence of a short-term lateral trend for the pair. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0878. As part of the Forex forecast, we should expect an attempt to develop a correction and a test of the support level near the area of 1.0860. 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 growth and upward channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2370. Moving averages indicate a short-term bullish trend. Prices push from the area between the signal lines, which indicates pressure from buyers and the potential continuation of the decline in the pair. At the moment, we should expect an attempt to continue the development of the depreciation of the British Pound and test the support area near the level of 1.2345. Where again we should expect a…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth and upward channel. Moving averages indicate a short-term bullish trend. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the currency pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6190. At the moment, we should expect an attempt to fall and test the support area near the level of 0.6055. Further, the rebound and continued growth of quotations to the area above 0.6585. AUD/USD Forecast Australian Dollar April…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.08. Moving averages indicate the presence of a short-term bullish 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 for the Japanese Yen on April 9, 2020, we should expect an attempt to develop a correction and test…
Brent continue to move as part of the correction. At the time of the publication of the forecast, the price of Brent crude oil is $ 31.95 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices are testing the area between the signal lines, which indicates pressure from the sellers of Black Gold. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the area of $ 28.75 per barrel. Further, the continued growth of the oil rate in the region above the level of 45.70.…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the beginning of the development of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.4013. Moving averages indicate a short-term bearish trend for the pair. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.4105. Further, the rebound and continued fall of the currency pair on Forex. The potential target of this movement of the instrument is…
GOLD continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Gold is 1652 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to develop a decline and test the support level near the area of 1645. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1765. XAU/USD Forecast and GOLD analysis…