Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 111.70. 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 112.15. Then rebound and the continuation of the fall of the pair in the area below the level 107.40. USD/JPY Forecast and Analysis March 18 — 22, 2019 In favor of the fall of the pair Dollar/Yen will test the broken trend line on the indicator of…
Author: forex24pro
GOLD complete the trading week near the area of 1303. Quotes continue to move in the upward channel and form the «Head and Shoulders» reversal pattern. 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 1315. Further continuation of the fall in the price of Gold with a potential target below the level of 1215. GOLD Price Forecast and Analysis March 18 — 22, 2019 In favor of reducing the quotations and prices for GOLD in the current trading week of March 18 —…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6841 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 0.6885. Then, the currency pair will continue to fall with a potential target below the level of 0.6415. NZD/USD Forecast and Analysis March 18 — 22, 2019 In favor of the fall of the currency pair NZD/USD, a…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 1.0037. The pair continues to move within the framework of the correction and the formation of the «Wedge» model. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9955. Further, the continued growth of the pair with a target above the level of 1.0185. USD/CHF Forecast and Analysis March 18 — 22, 2019 In favor of the growth of the Dollar/Franc will make a test of the support line on the indicator of…
Bitcoin BTC/USD ends the trading week at the level of 3866 and continues to move in the bullish channel. 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 3595. 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 4515. Bitcoin Forecast and Analysis March 18 — 22, 2019 In the current trading week of March 18 — 22, 2019, a test of the rising trend…
Ethereum ETH/USD ends the trading week at 131 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 test the level of support near area 115. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 185. Ethereum Forecast and Analysis March 18 — 22, 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 trading…
Ripple XRP/USD close the trading week at the level of 0.3093 and continue moving as part of the correction and formation 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 level near the area of 0.3015. Where once again we should expect a rebound and continued growth of cryptocurrency in the region above the level of 0.4200. Ripple Forecast and Analysis March 18 — 22, 2019 In favor of the growth of XRP/USD quotes in the current trading week of March 18 —…
Litecoin LTC/USD ends the trading week at 55.74 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 47.15. Where can we again expect a rebound and an attempt to continue growth on Litecoin with the target above the level of 75.25. Litecoin Forecast and Analysis March 18 — 22, 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 March 18 —…
Bitcoin Cash ends the trading week at 134 and continues to move as part 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 decline and a test of the support area near the level of 125. Where again we should expect a rebound and an attempt to continue growth on Bitcoin Cash with a target above 215. Bitcoin Cash Forecast and Analysis March 18 — 22, 2019 An additional signal in favor of the growth of BCH/USD quotes on the current trading week of…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of the correction and the bearish channel. At the time of the publication of the forecast, the euro/dollar rate is 1.1301. At the moment, we should expect an attempt to grow and test the resistance level near the 1.1330 area. Further, the continuation of the fall of the currency pair Euro/Dollar. The potential target of such a movement is the area below the level 1.1155. EUR/USD Forecast Euro Dollar March 15, 2019 A test of the resistance line on the relative strength index (RSI) will be in favor of the…