The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3371. The pair continues to move within the bullish channel. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near 1.3235. Then, the growth of quotations with the goal above the level of 1.3935. USD/CAD Forecast and Analysis March 25 — 29, 2019 The test of the support line on the relative strength index (RSI) will be in favor of the USD/CAD rise. The second signal will be a rebound from the lower…
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.
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the 110.52 area. The pair continues to move within the bullish correction. Moving averages indicate a lateral trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 111.65. Then rebound and the continuation of the fall of the pair in the area below the level of 106.05. USD/JPY Forecast and Analysis March 25 — 29, 2019 In favor of the fall of the pair Dollar/Yen will test the broken trend line on the indicator of…
GOLD close the trading week near the 1313 area. The quotes continue to move within the ascending channel and form the «Head and Shoulders» reversal pattern. Moving averages indicate an uptrend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1320. Further, the continuation of the fall in the price of GOLD with a potential target below the level of 1210. GOLD Price Forecast and Analysis March 25 — 29, 2019 In favor of reducing the quotations and prices for GOLD in the current trading week from March 25 —…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6866 area. The pair continues to move within the framework of the correction and the formation of the «Triangle» model. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.6895. Then, the currency pair will continue to fall with a potential target below the level of 0.6405. NZD/USD Forecast and Analysis March 25 — 29, 2019 In favor of the fall of the NZD/USD currency pair, a…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 0.9961. The pair continues to move within the framework of the correction and the formation of the «Wedge» model. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9925. Further, the continuation of the growth of the pair with the target above level 1.0225 USD/CHF Forecast and Analysis March 25 — 29, 2019 In favor of the growth of the Dollar/Franc will make a test of the support line on the indicator…
Bitcoin BTC/USD ends the trading week at 3976 and continues to move as part of growth. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and a test of the support area near the level of 3650. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a potential target above the level of 4805. Bitcoin Forecast and Analysis March 25 — 29, 2019 In the current trading week of March 25 — 29, 2019, a test of the rising trend line on the…
Ethereum ETH/USD ends the trading week at level 135 and continues to move as part of the correction. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and maintain the test level near area 125. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 180. Ethereum Forecast and Analysis March 25 — 29, 2019 In favor of the growth of ETH/USD quotes on the current trading week of March 25 — 29, 2019, the support line test on the relative…
Ripple XRP/USD close the trading week at 0.3080 and continue to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.3255. Where once again we should expect a rebound and the continuation of the fall of cryptocurrency in the region below the level of 0.2400. Ripple Forecast and Analysis March 25 — 29, 2019 In favor of reducing the XRP/USD quotes in the current trading week March 25 — 29, 2019,…
Litecoin LTC/USD ends the trading week at 58.43 and continues to move as part of growth. Moving averages indicate a bearish trend. At the moment, we can expect an attempt to test the support area near the level of 50.50. Where can we again expect a rebound and an attempt to continue growth on Litecoin with the target above the level of 80.00. Litecoin Forecast and Analysis March 25 — 29, 2019 A test of the support line on the relative strength index (RSI) will be in favor of raising LTC/USD quotes on the current trading week from March 25…
Bitcoin Cash ends the trading week at 153 and continues to move as part of the formation of the «Triangle» model. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 135. Where again we should expect a rebound and an attempt to continue growth on Bitcoin Cash with a goal above the level of 300. Bitcoin Cash Forecast and Analysis March 25 — 29, 2019 An additional signal in favor of the growth of BCH/USD quotes on the current trading week of March 25…