XRP/USD are trading at 0.2292 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 $10 187 600 023. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have gone far from the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to reduce the digital asset and test the support level near the 0.2155 area. Further, the continued growth of cryptocurrency in the region above the level of…
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.
BCH/USD are trading at 312.12 and continue to move as part of the correction and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 774 604 019. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices have gone far from the area between the signal lines, indicating pressure from sellers. As part of the cryptocurrency rate forecast for March 5, 2020, one should expect an attempt to develop a decrease in the value of the asset and a test of the support level near the area…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of strong growth. Prices have reached an important area of resistance. Moving averages indicate a short-term bearish trend for the pair. However, prices broke through 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 1.1160. As part of the Forex forecast, we should expect an attempt to continue the development of the correction and test the resistance level near the area of 1.1215. Further, the rebound and continued fall of…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the pound to the US dollar at FOREX is 1.2825. Moving averages indicate a short-term bearish trend. Prices are testing the area between the lines, which indicates pressure from sellers. At the moment, we should expect an attempt to increase the British Pound and a test of the resistance area near the level of 1.2875. Where again we should expect a rebound and a continued fall in the quotes of the British Pound currency pair…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of strong growth, prices have left the bearish channel. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, which indicates 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 0.6607. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.6555. Further, the rebound and the beginning of the growth of quotations to the area…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of a strong fall and the development of the «Triangle» model began. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.40. Moving averages indicate a short-term bearish trend for the pair. Prices push from the area between the signal lines, indicating pressure from sellers of the US Dollar. As part of the forecast for the Japanese Yen on March 4, 2020, we should expect an attempt to increase slightly and test…
Brent continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is 52.59 dollars per barrel. Moving averages indicate a short-term bearish trend for oil. However, the area between the signal lines is being blamed, which indicates pressure from the buyers of Black Gold, however, the risks of falling are still high. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of 52.05 dollars per barrel. Further, the continued growth of…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3348. 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 area of 1.3285. 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…
GOLD continue to move as part of strong growth. At the time of the publication of the forecast, the price of GOLD is 1636 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. However, prices broke through the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to reduce and test the support level near the area of 1615. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1705. XAU/USD Forecast and GOLD analysis March 4, 2020…
Silver continue to move as part of a strong bullish correction. At the time of the publication of the forecast, the price of Silver is 17.24 Dollars. Moving averages indicate a bearish trend. 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 develop a growth in the value of the metal and a test of the resistance level near the area of 17.65. Where can we expect a rebound and a continued fall in the price of Silver with a target below the level…