Author: forex24pro

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall in the value of the instrument already from the current levels. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.7002. At the moment, we should…

Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the formation of the bullish “Wolfe Wave” pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9084. Moving averages indicate a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the asset’s price growth from the current levels. At the moment, we should expect an attempt to develop a depreciation of the US Dollar against the…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 73.23. Moving averages indicate a short-term bullish trend. Prices have broken down the area between the signal lines, which indicates pressure from the sellers of the US currency and a potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for July 30, 2021, we should expect an attempt to…

BTC/USD are trading at 39589 and continue to move as part of the rally and the formation of a “Double Bottom” reversal pattern on higher timeframes. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $748,494,768,521. Moving averages indicate a short-term bullish trend for Bitcoin. Prices have broken the area between the signal lines upwards, which indicates pressure from buyers of “Digital Gold” and a potential continuation of the growth of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, July 30, 2021, we should expect…

Ethereum are trading at 2285.76 and continue to move as part of the rise and the bullish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $270,997,682,981. Moving averages indicate a short-term bearish trend for Ethereum. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the asset’s price growth from the current levels. At the moment, we should expect an attempt to develop a correction in the value of the coin and a test of the support level near the area…

XRP/USD are trading at 0.6937 and continue to move as part of the correction and the bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $32,813,355,180. Moving averages indicate a short-term uptrend in Ripple. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continuation of the XRP rate growth in the market already from current levels. At the moment, we should expect an attempt to develop an asset correction and a test of the support level near the 0.6425…

Stock index S&P 500 continue to move as part of the correction and the formation of the “Triangle” model. Moving averages indicate a short-term uptrend. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continuation of the growth of the stock exchange index in the market already from the current levels. At the time of the publication of the forecast, the index is trading at the level of 4401. At the moment, we should expect an attempt to develop a decline and test the support level near the…

LTC/USD are traded at 137.37 and continue to move within the correction and the bullish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $9,317,294,843. Moving averages indicate a short-term bullish trend for Litecoin. Prices went up from the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the rise from the current levels. At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the support level near the…

Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the “Triangle” model. Moving averages indicate a short-term bearish trend for the pair. Prices broke through the area between the signal lines downward, which indicates pressure from buyers of the European currency and a potential continuation of the growth of quotations from the current levels. At the time of the publication of the forecast, the Euro/US Dollar rate is 1.1780. As part of the Forex forecast for July 28, 2021, we should expect an attempt to develop a slight bullish correction and a test…

Currency pair Pound/Dollar GBP/USD continues to move as part of a bullish rise and a downward channel. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3779. Moving averages indicate a short-term bullish trend. Prices broke up the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall of the instrument. At the moment, we should expect an attempt at a bullish correction of the British Pound against the US Dollar and a test of the…