Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and the upward channel. 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 0.6639. At the moment, we should expect an attempt to reduce and test the support level…
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 fall and the downward channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9119. Moving averages indicate a short-term bearish trend for the pair. Prices moved down from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the fall in the value of the asset. At the moment, we should expect an attempt to correct the US Dollar against the Swiss Franc and test the resistance area…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and the ascending channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 72.47. Moving averages indicate a short-term bullish trend. Prices have moved away from the area between the signal lines, which indicates pressure from buyers of the American currency and a potential continued growth. As part of the dollar exchange rate forecast for July 31, 2020, we should expect an attempt to develop a decline and test the support level near the…
BTC/USD are traded at 10992 and continue to move within the growth and ascending channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $202 893 170 098. Moving averages indicate a short-term bullish trend for Bitcoin. Prices moved up from the area between the lines, which indicates pressure from buyers of Digital Gold and a potential continued growth in the value of the asset. As part of the cryptocurrency rate forecast for tomorrow, July 30, 2020, we should expect an attempt to develop a downward correction in the value of a digital asset and a…
ETH/USD are trading at 317.20 and continue to move as part of the growth and the ascending channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $35 896 837 248. Moving averages indicate a short-term bullish trend for Ethereum. Prices pushed up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the rise in the value of the asset. At the moment, we should expect an attempt to correct the value of the coin and test the support level near the area of 297.55. Where can we…
LTC/USD are traded at 57.00 and continue to move within the growth and ascending channel. Cryptocurrency capitalization Litecoin at the time of the publication of the forecast is $3 703 915 696. Moving averages indicate a short-term bullish trend for Litecoin. Prices pushed up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continued growth. 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 area of 53.85. Where can we expect a…
XRP/USD are trading at 0.2398 and continue to move within the growth and upward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $10 873 792 072. Moving averages indicate a short-term bullish trend for Ripple. Prices bounced off the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise. At the moment, we should expect an attempt to develop a correction of a digital asset and a test of the support level near the 0.2195 area. Further, the cryptocurrency will continue to grow to…
Stock index S&P 500 continue to move within the correction and the upward channel. At the time of the publication of the forecast, the index is trading at 3235. At the moment, we should expect an attempt to develop a downward correction and test the support level near the 3175 area. Where can we expect a rebound and continued growth in the S&P 500 quotes to the area above the level of 3365. S&P 500 Forecast and Analysis July 31, 2020 An additional signal in favor of the growth of the stock index quotes will be a test of the…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the ascending channel. Moving averages indicate a short-term bullish trend for the pair. Prices bounced back from the area between the signal lines, which indicates pressure from buyers of the European currency and a potential continued growth of the European currency. At the time of the publication of the forecast, the EUR/USD rate is 1.1785. As part of the Forex forecast for July 30, 2020, we should expect an attempt to continue growth and test the resistance level near the 1.1615 area. Further, a rebound and continued…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on FOREX is 1.2984. Moving averages indicate a short-term bullish trend. Prices bounced off the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the asset’s growth. At the moment, we should expect an attempt to continue the growth of the British Pound against the US Dollar and test the resistance area near the level of 1.3025. Where can we…