Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and the beginning of the development of the «Triangle» model. Moving averages indicate a short-term bullish trend for the pair. Prices were able to push from the area between the signal lines, which indicates pressure from buyers of the currency pair. At the time of the publication of the FOREX forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6573. At the moment, we should expect an attempt to fall and test the support level near…
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 0.9379. Moving averages indicate a short-term bearish trend for the pair. Prices pushed from the area between the signal lines down, indicating pressure from the sellers and the potential continuation of the fall. At the moment, we should expect an attempt to increase the US dollar against the Swiss franc and test the resistance area near the level of 0.9425. Then, a…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the bullish correction and the formation of the «Wedge» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 71.16. Moving averages indicate the presence of a short-term lateral trend. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the American currency. As part of the forecast for the Dollar on July 9, 2020, we should expect an attempt to develop a bullish correction and test the resistance level…
BTC/USD are trading at 9433 and continue to move as part of the bullish correction and the formation of the «Triangle» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $173 583 355 300. Moving averages indicate the presence of a short-term sideways trend for Bitcoin. Prices have pierced the area between the lines up, which indicates pressure from the buyers of Digital Gold and the potential continuation of the rise in the value of the asset. As part of the cryptocurrency rate forecast for tomorrow, July 9, 2020, we should expect an attempt to…
ETH/USD are trading at 246.57 and continue to move as part of the bullish correction and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $27 597 419 075. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices broke through the area between the signal lines up, which indicates pressure from buyers and the potential continuation of the rise. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 250.05. Where again…
LTC/USD are trading at 45.05 and continue to move as part of the bullish correction and the downward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 935 759 780. Moving averages indicate the presence of a short-term bearish trend in Litecoin. Prices have pierced the area between the signal lines up, which indicates pressure from the buyers of the asset. At the moment, we should expect an attempt to continue the correction of the value of the digital asset and a test of the resistance level near the area of 46.25. Where again…
XRP/USD are trading at 0.1987 and continue to move as part of a strong upward correction and a downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 896 654 550. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have pierced the area between the signal lines up, which indicates pressure from the buyers of the asset. At the moment, we should expect an attempt to continue the correction of the digital asset and a test of the resistance level near the area of 0.2065. Further,…
Stock index S&P 500 continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the index is trading at 3156. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the area of 3120. Where can we expect a rebound and continued growth of S&P 500 quotes in the area above the level of 3305. S&P 500 Forecast and Analysis July 9, 2020 A test of the support line on the relative strength index (RSI) will be in…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the beginning of the development of the «Triangle» model. Moving averages indicate a short-term bullish trend for the pair. Dream prices are testing the area between the signal lines, which indicates pressure from buyers of the European currency and the potential continued growth of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1278. As part of the Forex forecast for July 8, 2020, we should expect an attempt to develop a fall and test the support level near the…
Currency pair Pound/Dollar GBP/USD continues to move as part of strong growth. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2547. Moving averages indicate a short-term bullish trend. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of the currency pair. At the moment, we should expect an attempt to develop a depreciation of the British Pound against the US Dollar and a test of the support area near the level of 1.2435. Where again we should expect a rebound and continued growth…