AlexAlex03bdd13e17da4dcb

AlexAlex03bdd13e17da4dcb

If you open short-term charts, I don't see a trend forming yet. Inside the day, Yes, most likely descending. But inside a correction that started a long time ago. Therefore, the signals are not visible. The RSI fully reflects the picture for the pair. There is a smooth movement within the norm. No overbought fortune, no oversold fortune. You know, it's like...

AlexAlex03bdd13e17da4dcb

On Friday, the pound reached the settlement point of the ABC model. But judging by several indicators, the fall will not be limited to this. The number of buyers in drawdown is significantly higher than the number of sellers in drawdown: 42% by 14%. It is more profitable for marketers to pull the price down. The MACD indicator is gaining strength in the negative...

AlexAlex03bdd13e17da4dcb

As expected, they will drag the price down until the end of the trading session, and so it turned out. Now the main thing is how Monday will open, either with a price gap, or with the opening, it will start to pull in the opposite direction for a correction. In General, EUR / USD likes "I" - zigzags very much, so it is very likely that on Monday there will be a...

AlexAlex03bdd13e17da4dcb

The rate still firmly above 1.66, but the pound under pressure and there is a possibility of trading below 1.66 today. We suspect however, the market will punish the dollar for any disappointing numbers.

AlexAlex03bdd13e17da4dcb

The main scenario: "short positions" are relevant from corrections below the level of 108.00 with the goal of 98.73 – 94.71. Alternative scenario: a breakout and fixing the price above the level of 108.00 will allow the pair to continue growing to 112.26 – 114.50.

AlexAlex03bdd13e17da4dcb

Prices broke down the area between the signal lines up, which indicates pressure from sellers. At the moment, we should expect an attempt to reduce and test the support level near the area of 1565. Where should we expect a rebound and continued growth in the price of Gold with a goal above the level of 1705

AlexAlex03bdd13e17da4dcb

Prices broke through the area between the signal lines down, which indicates pressure from sellers and a potential continuation of the decline. At the moment we should expect an attempt to develop the growth of the British Pound and test the resistance area near the level of 1.2695

AlexAlex03bdd13e17da4dcb

Over the past week, the pair has collapsed. Today, we see pressure from sellers, which is due to the strengthening of the JPY, and at the same time, the weakening of the GBP. Pressure on the GBP is exerted by two strong fundamental factors. First, the appearance of information about the readiness of the Bank of England to reduce interest rates due to the...

AlexAlex03bdd13e17da4dcb

We should expect an attempt to develop a correction and test the resistance level near the 1.0885 area . Next, the rebound and continuation of the fall of the Euro- Dollar currency pair

AlexAlex03bdd13e17da4dcb

The price correction is expected to develop. Expect an acceleration in the fall of BTC/USD quotes with a breakdown of the support area and closing below the level of 5605. Thus, the Bitcoin exchange Rate and the BTC/USD forecast for March 13, 2020 suggests the growth of the cryptocurrency and a test of the support level near the area of 6705