Bitcoin Cash BCH/USD are trading at 121 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $2 199 263 924. Moving averages indicate a bearish trend in Bitcoin Cash. At the moment, we can expect an attempt to test the resistance level near the area of 125. Where again we should expect a rebound and the continuation of the fall of the Bitcoin Cash rate with a target below 105. Bitcoin Cash Forecast and Analysis BCH/USD March 5, 2019 The test of the broken trend line on the…
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.
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1382. The pair continues to move within the correction. 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 1.1445. Where is expected to rebound and the continuation of the fall of the euro dollar. The potential target of the decline is the area below 1.0925. EUR/USD Forecast and Analysis March 4 — 8, 2019 In favor of the fall of the EUR/USD currency pair at Forex, a test of the…
BRENT crude oil complete the trading week near the region of $ 66.33 per barrel. And it continues to move within a bullish correction. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 69.05. Then the continuation of the fall of oil in the area below the level of 52.75 dollars per barrel. BRENT oil Forecast and Analysis March 4 — 8, 2019 An additional signal in favor of lowering quotations of oil this week will be a test of the trend line on…
Currency pair Pound Dollar GBP/USD completes the trading week near the 1.3222 area. The pair continues to move as part of the formation of the bearish model «Wolfe Wave». Moving averages indicate a downward trend. At this point we should expect an attempt to grow and test the resistance area near the level of 1.3315. Further, the beginning of the decline in quotations of the Pound Dollar to the area below the level of 1.2455. GBP/USD Forecast and Analysis March 4 — 8, 2019 In favor of the fall of the British Pound will test the resistance line on the…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 65.74 Rubles for the US Rollar. The pair continues to move within the framework of the correction and the formation of the «Triangle» model. Moving averages indicate a bullush trend. In the current trading week of March 4 — 8, 2019, a decline is expected and a test of the support area near the level of 65.35. Where can we expect a rebound and continued growth of the dollar above the level of 68.55. USD/RUB Forecast and Analysis March 4 — 8, 2019 In…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the 0.7113 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 grow and test the resistance area near the level of 0.7170. Then the continuation of the fall of AUD/USD with a potential target below the level of 0.6735. AUD/USD Forecast and Analysis March 4 — 8, 2019 In favor of the fall of the pair on Forex will test the downward…
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…
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…