TRENDING:

Oil price

XAU/USD

WTI Crude oil continue downtrend to 22.80 while trading below 26.14

Anton Kolhanov Anton Kolhanov

WTI Crude oil (CL), Futures market – Wednesday forecast, March 18

Downtrend

The downtrend may be expected to continue, while pair is trading below resistance level 26.14, which will be followed by reaching support level 22.80.

Uptrend

An uptrend will start as soon, as the pair rises above resistance level 26.14, which will be followed by moving up to resistance level 27.33.

Weekly forecast, March 16 - 20

Downtrend

The downtrend may be expected to continue, while pair is trading below resistance level 30.00, which will be followed by reaching support level 27.56 and 26.15.

Uptrend

An uptrend will start as soon, as the pair rises above resistance level 30.00, which will be followed by moving up to resistance level 34.85 - 36.34.

Monthly forecast, March 2020

Downtrend

The downtrend may be expected to continue in case the market drops below support level 42.40, which will be followed by reaching support level 39.20, 35.35, 26.15.

Correction

An correction may start from support 42.40 to resistance 50.50.

Uptrend

An uptrend will start as soon, as the pair rises above resistance level50.50, which will be followed by moving up to resistance level 63.80.

Author

Anton Kolhanov

Anton Kolhanov is a trader and an analyst. He started to study the Forex market in 2003.

AUD/USD edges higher as hot CPI inflation and hawkish RBA lift rate hike bets

The AUD/USD pair gathers strength to near 0.7035 during the Asian trading hours on Friday. The Australian Dollar edges higher against the US Dollar as hotter Australian CPI inflation data has bolstered expectations of Reserve Bank of Australia rate hikes.

USD/JPY meets support near 157.00

USD/JPY retreats for the third consecutive day on Friday, revisiting the 157.00 region before attempting some recovery as investors continue to assess the latest BoJ meeting, where the central bank left rates unchanged, as widely anticipated.

Gold sinks to fresh yearly lows despite risk-off mood as Fed rate hike bets weigh

Gold slips to fresh year-to-date lows on Friday. The metal struggles despite a risk-off mood across markets, as expectations of further Federal Reserve (Fed) interest rate hikes continue to dominate price action, leaving Gold on track to end the month in negative territory.

Ripple Price Forecast: XRP bulls defend $1.20 as sell-side pressure triggers liquidations

Ripple (XRP) trades around $1.25 on Friday, rising from a short-term support level established at $1.20. This minor upward correction follows a sharp sell-off, triggered amid reports of a hack attack on the Binance exchange that impacted approximately $6.3 billion. The attack drove the broader crypto market on edge, as Binance suspended both deposits and withdrawals to contain the situation.

BoJ recap: A pause for now... but Japan has entered a new inflation phase

The Bank of Japan left its short-term policy rate unchanged at 1.25% but delivered a distinctly hawkish message on the risk of an inflation overshoot. The decision passed by 8-1, with board member Takata dissenting in favour of an increase to 1.5%, while Governor Kazuo Ueda stressed that the Bank would continue adjusting policy as needed.

A hot US economy is supposed to sink Gold. It didn't. Here's why

Gold (XAU/USD) remains under pressure near $4,000, as stronger-than-expected United States (US) economic data reinforce expectations of another Federal Reserve (Fed) interest rate hike in December. Economic growth is accelerating, inflation remains elevated, and borrowing costs could rise further.

WTI Crude oil continue downtrend to 22.80 while trading below 26.14

WTI Crude oil (CL), Futures market – Wednesday forecast, March 18

Downtrend

Uptrend

An uptrend will start as soon, as the pair rises above resistance level 26.14, which will be followed by moving up to resistance level 27.33.

Weekly forecast, March 16 - 20

Downtrend

The downtrend may be expected to continue, while pair is trading below resistance level 30.00, which will be followed by reaching support level 27.56 and 26.15.

Uptrend

An uptrend will start as soon, as the pair rises above resistance level 30.00, which will be followed by moving up to resistance level 34.85 - 36.34.

Monthly forecast, March 2020

Downtrend

The downtrend may be expected to continue in case the market drops below support level 42.40, which will be followed by reaching support level 39.20, 35.35, 26.15.

Correction

An correction may start from support 42.40 to resistance 50.50.

Uptrend

An uptrend will start as soon, as the pair rises above resistance level50.50, which will be followed by moving up to resistance level 63.80.

Broker Reviews

Gold on a free fall to $3,900 — Bitcoin slides to $76,500 after the largest hack in crypto history

Some losses for the Dollar despite strong GDP

EUR/USD Weekly Forecast: US President Donald Trump judgment day has come

Gold Weekly Forecast: Bears dominate even as US yields push lower ahead of midterm election

INTC short call of the quarter [Video]

Weekly focus: Time for US midterms – and Democratic sweep?

Editor's Picks

AUD/USD edges higher as hot CPI inflation and hawkish RBA lift rate hike bets

USD/JPY meets support near 157.00

Gold sinks to fresh yearly lows despite risk-off mood as Fed rate hike bets weigh

Ripple Price Forecast: XRP bulls defend $1.20 as sell-side pressure triggers liquidations

BoJ recap: A pause for now... but Japan has entered a new inflation phase

A hot US economy is supposed to sink Gold. It didn't. Here's why

Best Brokers in 2026

WTI Crude oil (CL), Futures market – Wednesday forecast, March 18

Downtrend

Uptrend

An uptrend will start as soon, as the pair rises above resistance level 26.14, which will be followed by moving up to resistance level 27.33.

Weekly forecast, March 16 - 20

Downtrend

The downtrend may be expected to continue, while pair is trading below resistance level 30.00, which will be followed by reaching support level 27.56 and 26.15.

Uptrend

An uptrend will start as soon, as the pair rises above resistance level 30.00, which will be followed by moving up to resistance level 34.85 - 36.34.

Monthly forecast, March 2020

Downtrend

The downtrend may be expected to continue in case the market drops below support level 42.40, which will be followed by reaching support level 39.20, 35.35, 26.15.

Correction

An correction may start from support 42.40 to resistance 50.50.

Uptrend

An uptrend will start as soon, as the pair rises above resistance level50.50, which will be followed by moving up to resistance level 63.80.

Legal Text

Editor's Picks

Best Brokers in 2026