The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3131. 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 the 1.3100 area. Then, the growth of quotations with the goal above the level of 1.3795. USD/CAD Forecast and Analysis March 4 — 8, 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…
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 close the trading area near the 111.80 area. The pair continues to move within the upward correction. 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 112.25. Then rebound and the continuation of the fall of the pair in the area below 107.05. USD/JPY Forecast and Analysis March 4 — 8, 2019 In favor of the fall of the pair Dollar/Yen will test the area of resistance on the indicator of relative strength index…
GOLD close the trading week near the 1308 area. The quotes continue to move within the ascending channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1325. Further continuation of the fall in the price of Gold with a potential target below the level of 1245. GOLD Price Forecast and Analysis March 4 — 8, 2019 In favor of lowering the quotations and prices for GOLD in the current trading week on March 4 — 8, 2019, a test of the broken trend…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6830 area. The pair continues to move within the framework 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 continue growth and test the resistance area near the level of 0.6875. Then, the currency pair will continue to fall with a potential target below the level of 0.6405. NZD/USD Forecast and Analysis March 4 — 8, 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 0.9980. The pair continues to move within the correction. 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 pair with the goal above the level of 1.0200. USD/CHF Forecast and Analysis March 4 — 8, 2019 In favor of the growth of the Dollar/Frank will make a test of the support line on the indicator of relative strength index (RSI). As well as a rebound from…
Bitcoin BTC/USD ends the trading week at the level of 3800 and continues to move as part of the correction and the beginning of the development of the «Triangle» model. 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 5050. Bitcoin Forecast and Analysis March 4 — 8, 2019 In the current trading week of…
Ethereum ETH/USD ends the trading week at 133 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 the region of 115. Where again we should expect a rebound and continued growth of the course Ethereum with a potential target above the level of 185. Ethereum Forecast and Analysis March 4 — 8, 2019 A test of the support line on the relative strength index (RSI) will be in favor of the growth of ETH/USD quotes on the current…
Ripple XRP/USD close the trading week at 0.3134 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 fall and a test of the support level near 0.2770. Where once again we should expect a rebound and continued growth of cryptocurrency in the region above the level of 0.4250. Ripple Forecast and Analysis March 4 — 8, 2019 In favor of the growth of XRP/USD quotes in the current trading week of March 4 — 8, 2019, a test…
Litecoin LTC/USD ends the trading week at 45.20 and continues to move as part of growth. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to test the support area near the level of 40.00. Where can we expect a rebound again and an attempt to continue growth on Litecoin with a target above the level of 60.50. Litecoin Forecast and Analysis March 4 — 8, 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 of March 4…
Bitcoin Cash ends the trading week at the level of 129 and continues 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 decrease and a test of the support area near the level of 110. Where again we should expect a rebound and an attempt to continue growth on Bitcoin Cash with a goal above 295 level. Bitcoin Cash Forecast and Analysis March 4 — 8, 2019 An additional signal in favor of the growth of BCH/USD quotes on the…