Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential drop already from current levels. At the time of the publication of the FOREX forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6061. 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 growth and upward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9730. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices start from the area between the signal lines. At the moment, we should expect an attempt to depreciate the Dollar against the Franc and test the support area near the level of 0.9685. Then, a rebound and continued appreciation of the US Dollar against the Swiss Franc with…
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 74.05. Moving averages indicate a short-term bullish trend. Prices pierced the area between the signal lines down, which indicates pressure from sellers of the American currency and continued depreciation. As part of the forecast for the Dollar on April 29, 2020, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area…
BTC/USD are trading at 7734 and continue to move as part of strong growth and an upward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $142 274 485 000. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices have pierced the area between the lines up, which indicates pressure from the buyers of Digital Gold. As part of the cryptocurrency rate forecast for tomorrow, April 29, 2020, we should expect an attempt to increase the value of a digital asset and test the resistance level near the area of 7855.…
ETH/USD are trading at 194.40 and continue to move as part of the correction and the formation of the «Wedge» model. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $21 860 240 493. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices pierced the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 197.05. Where again we should expect a rebound and…
LTC/USD are trading at 43.90 and continue to move as part of the correction and formation of the «Wolfe Wave» model. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 901 373 898. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices push from the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to increase the value of the digital asset and test the resistance level near the area of 44.95. Where again we should expect a rebound and a…
XRP/USD are trading at 0.2047 and continue to move as part of strong growth and a bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $9 185 056 410. Moving averages indicate the presence of a short-term lateral trend for Ripple. Prices have pierced the area between the signal lines up, which indicates pressure from buyers of the asset. At the moment, we should expect an attempt to grow a digital asset and a test of the resistance level near the 0.2195 area. Further, the continuation of the fall of cryptocurrency…
BCH/USD are trading at 240.02 and continue to move as part of the correction and the formation of the downward «Wave Wolfe» model. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 455 480 168. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices are testing the area between the signal lines, which indicates pressure from buyers. As part of the cryptocurrency rate forecast for April 29, 2020, one should expect an attempt to continue the development of a bullish correction of the asset value and test the resistance…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the bearish channel. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from sellers of European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0845. As part of the FOREX forecast for April 28, 2020, we should expect an attempt to develop a correction and test the resistance level near the area of 1.0865. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the pound to the US Dollar at Forex is 1.2421. Moving averages indicate a short-term bearish trend. Prices are testing the area between the signal lines, which indicates pressure from sellers. At the moment, we should expect an attempt to develop the growth of the British Pound and a test of the resistance area near the level of 1.2495. Where again we should expect a rebound and a continued…