Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and the formation of a bearish «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 0.6639. At the moment, we should expect an attempt to grow…
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 rate of the US Dollar to the Swiss Franc is 0.9248. 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 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 near…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the «Double Top» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 71.21. 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 July 24, 2020, we should expect an attempt to develop growth and test the resistance level near…
BTC/USD are trading at 9615 and continue to move as part of the growth and the ascending channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $176 679 299 621. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are testing 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 24, 2020, we should expect an attempt to develop a downward correction in the value of a digital asset…
ETH/USD are traded at the level of 274.61 and continue to move within the growth and ascending channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $30 707 006 736. 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 262.85. Where can we…
LTC/USD are traded at the level of 45.07 and continue to move as part of the growth and the ascending channel. Cryptocurrency capitalization Litecoin at the time of the publication of the forecast is $2 935 838 409. 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 43.55 area.…
XRP/USD are trading at 0.2059 and continue to move within the framework of a strong growth and an upward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $9 301 821 932. 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 0.1985 area. Further, the cryptocurrency…
Stock index S&P 500 continue to move within the framework of the growth and the ascending channel. At the time of the publication of the forecast, the index is trading at 3236. At the moment, we should expect an attempt to develop a bullish correction and test the resistance level near the 3265 area. Where can we expect a rebound and the continuation of the fall in the S&P 500 quotes to the area below 3135. S&P 500 Forecast and Analysis July 24, 2020 A test of the broken trend line on the relative strength index (RSI) will be in…
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 have moved far up 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 1.1587. As part of the Forex forecast for July 23, 2020, we should expect an attempt to continue the decline and test the support level near the 1.1535 area. Further, a…
Currency pair Pound/Dollar GBP/USD continues to move as part of the bullish correction and the formation of a large reversal pattern «Head and Shoulders». A bearish Wolfe Wave pattern is also forming. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.2747. 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 develop the growth of…