Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the beginning of the development of the downward Wolfe Wave pattern. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of growth in the near future. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6704. At the moment, we should expect an…
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 Dollar Franc USD/CHF continues to move as part of the correction and the formation of the “Triangle” model. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9076. Moving averages indicate a short-term bearish trend for the pair. Prices bounced off the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the asset value from current levels. At the moment, we should expect an attempt to develop a correction in the US Dollar rate against the…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of a large “Wedge” reversal pattern. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 75.15. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates pressure from buyers of the American currency and potential continued growth. As part of the dollar exchange rate forecast for September 16, 2020, we should expect an attempt to develop growth and test the resistance level near the…
BTC/USD are traded at the level of 10678 and continue to move as part of the growth and the formation of the “Wedge” reversal pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $197 736 006 264. Moving averages indicate a short-term bearish trend for Bitcoin. Prices are testing the area between the lines, which indicates pressure from the sellers of Digital Gold and a potential continuation of the fall in the value of the asset. As part of the cryptocurrency rate forecast for tomorrow, September 15, 2020, we should expect an attempt to develop…
ETH/USD are trading at 375.56 and continue to move as part of the growth and the ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $42 462 251 191. Moving averages indicate a short-term bullish trend for Ethereum. Prices have broken through the areas between the signal lines upward, 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 at a bearish correction in the value of the coin and a test of the support…
LTC/USD are trading at 48.55 and continue to move as part of the fall and the formation of the “Wedge” reversal pattern. Cryptocurrency capitalization Litecoin at the time of the publication of the forecast is $3 211 309 929. Moving averages indicate a short-term bearish trend for Litecoin. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a decrease in the value of a digital asset and a test of…
XRP/USD are trading at 0.2425 and continue to move as part of the fall and the formation of the “Wedge” pattern. Cryptocurrency capitalization Ripple at the time of the publication of the forecast is $11 079 200 431. Moving averages indicate a short-term bearish trend for Ripple. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the fall. At the moment, we should expect an attempt to continue the development of the downward correction of the digital asset and test the support level near the 0.2235…
Stock index S&P 500 continue to move within the correction. At the time of the publication of the forecast, the index is trading at 3391. At the moment, we should expect an attempt to develop a bullish correction and test the resistance level near the 3405 area. Where can we expect a rebound and the continuation of the fall of the S&P 500 quotes to the area below the level of 3225. S&P 500 Forecast and Analysis September 16, 2020 An additional signal in favor of falling stock index quotes will be a test of the resistance line on the…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1834 area. The pair continues to move as part of the correction and the formation of another “Head and Shoulders” reversal pattern. Moving averages indicate a bullish trend for the pair. Prices broke through the area between the signal lines upwards and went far from the indicator lines, which indicates strong pressure from buyers of the European currency and the likely continuation of growth from the current levels. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 1.1885.…
BRENT finish the trading week near the area of $ 39.77 per barrel. And it continues to move within the fall and the downtrend channel. Moving averages indicate a bearish trend. Prices pushed down from the area between the signal lines, which indicates pressure from sellers of raw materials and a potential continuation of the decline. At the moment, we should expect an attempt to develop a fall and a test of the support area near the level of 34.75. Then, a rebound and continued growth of oil to the area above the level of $ 64.25 per barrel. BRENT…