Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction. 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. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6449. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6505. Further, within the framework of the forecast and Forex…
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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 0.9485. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices pushed from the area between the signal lines, indicating pressure from sellers and the potential continuation of the fall. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9565. Then, a rebound…
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 69.82. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, which indicates pressure from sellers of American currency. As part of the forecast for the Dollar on June 16, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 71.35 Rubles per US Dollar.…
BTC/USD are trading at 9352 and continue to move as part of the growth and formation of the «Triangle» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $173 396 430 290. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices are testing the area between the lines, 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, June 16, 2020, one should expect an attempt to develop a correction…
ETH/USD are trading at 226.91 and continue to move as part of the correction and the upward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $25 803 452 145. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices are testing the area between the signal lines, which indicates pressure from buyers and potential continued growth. At the moment, we should expect an attempt to reduce the value of the coin and test the support level near the area of 205.05. Where again we should expect a rebound…
LTC/USD are trading at 43.16 and continue to move as part of the correction and the formation of the «Triangle» model. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 854 343 357. Moving averages indicate the presence of a short-term lateral trend for Litecoin. Prices have pierced the area between the signal lines down, which indicates pressure from asset sellers. At the moment, we should expect an attempt to lower the value of the digital asset and test the support level near the 41.55 area. Where again we should expect a rebound and continued…
XRP/USD are trading at 0.1864 and continue to move as part of the fall and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 410 248 148. Moving averages indicate the presence of a short-term lateral trend for Ripple. Prices pierced the area between the signal lines down, indicating pressure from asset sellers. At the moment, we should expect an attempt to correct the digital asset and test the resistance level near the area of 0.1955. Further, the continuation of the fall of cryptocurrency to the area below the…
Stock index S&P 500 continue to move as part of a strong fall and an upward channel. At the time of the publication of the forecast, the index is trading at 3044. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the area of 2975. Where can we expect a rebound and continued growth of S&P 500 quotes to the area above the level of 3245. S&P 500 Forecast and Analysis June 16, 2020 In favor of raising the quotes of the exchange index, a test of the…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1226. The pair continues to move as part of the fall after strong growth and a downward channel. Moving averages indicate a bearish trend for the pair. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the European currency and the likely continuation of the bullish correction. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 1.1385. Where is the rebound expected and the continuation of the fall of the…
BRENT complete the trading week near the area of 38.74 dollars per barrel. And it continues to move in the framework of the fall and the downward channel. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines, indicating pressure from commodity sellers and a potential continuation of the fall. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 45.05. Then, a rebound and continued fall of oil to the area below the level of $ 20.05 per barrel. BRENT crude oil Forecast and…