Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of 0.6820. Moving averages indicate the presence of a bearish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the currency pair and a potential continuation of the fall from current levels on the market. At the moment, we should expect an attempt to develop an upward correction of the currency pair on Forex and a test of the resistance area near the level of 0.6935. Then, a rebound and continued…
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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 USD/CHF Dollar/Franc completes the trading week near the level of 0.9114. The pair continues to move as part of the correction and the formation of a large “Triangle” pattern. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the US currency and a potential continuation of the instrument’s decline. At the moment, we should expect an attempt to reduce the price and test the support area near the level of 0.9065. Further, a rebound and an attempt to continue the rise of the pair…
Bitcoin BTC/USD ends the trading week at 43095, continues to move as part of the fall and the bullish channel. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall in asset quotes. At the moment, we should expect an attempt to develop a rise in the price of the coin and a test of the resistance area near the level of 50405. From where we should again expect a rebound down and a continuation of the fall…
Ethereum ETH/USD ends the trading week at 3277 and continues to move within the correction and bullish channel. Moving averages indicate the presence of a bullish trend for ETH/USD. Prices returned to the area between the signal lines, which indicates pressure from cryptocurrency buyers and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a price increase and test the resistance level near the area of 3865. Where can we expect a rebound again and a continued fall in the exchange rate and the cost of Ethereum with a potential…
XRP/USD complete the trading week at 0.7698 and continue to move within the correction and left the bullish channel. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers and a potential continuation of the decline in the cryptocurrency already from current levels. At the moment, we should expect an attempt to develop a bullish correction and test the resistance area near 0.7785. Where can we expect a rebound and a continuation of the fall of the cryptocurrency to the area below the level of 0.2455 again. XRP…
Litecoin LTC/USD ends the trading week at 145.17 and continues to move within the correction and left the bullish channel. Moving averages indicate a bearish trend. Prices went down from the area between the signal lines down. This indicates pressure from sellers of the digital asset and a potential continuation of the fall in the Litecoin rate in the current trading week. At the moment, we should expect an attempt to develop a bullish price correction and a test of the resistance area near the level of 175.05. Where should we expect a rebound down again and an attempt to…
Bitcoin Cash ends the trading week at 389.62, continues to move as part of the decline and left the bullish channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the BCH/USD rate forecast for the next trading week, we should expect an attempt to correct the value of the digital asset and test the resistance area near the level of 410.65. From where a rebound is expected again and an attempt to…
Silver complete the trading week near the area of 23.033. Quotes continue to move as part of the rise and the downward channel. The potential for the formation of a double bottom reversal pattern remains. Moving averages indicate the presence of a bearish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the metal and a potential continuation of the decline already from current levels. At the moment, we should expect an attempt to develop a fall in the value of the asset and a test of the…
SHIBA INU ends the trading week at 0.00003121 and continues to move within the correction and the downward price channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the SHIB/USD rate forecast for the next trading week, we should expect an attempt to develop a correction in the value of the digital asset and a test of the support area near the level of 0.00002655. From where a rebound is expected again…
Dogecoin ends the trading week at 0.1930 and continues to move as part of the growth and the formation of a ”Head and Shoulders” reversal pattern. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the DOGE/USD rate forecast for the next trading week, we should expect an attempt to develop a slight decrease in the value of the digital asset and test the support area near the level of 0.1925. From where a…