Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the formation of the «Head and Shoulders» reversal pattern. Moving averages indicate a short-term bearish trend for the pair. Prices pierced the area between the signal lines down, which indicates pressure from the sellers 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 0.5944. At the moment, we should expect an attempt to grow and test the resistance level near the area…
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 correction and formation of the «Triangle» model. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9728. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are testing 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 0.9625. Then, a rebound and continued appreciation of the US Dollar against the…
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 75.99. Moving averages indicate a short-term bullish 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 April 23, 2020, we should expect an attempt to develop a downward correction and test the support level near the area of 75.35 Rubles per US…
BTC/USD are trading at 7110 and continue to move as part of strong growth and the formation of the «Wedge» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $130 449 317 576. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are testing the area between the lines, which indicates pressure from the sellers of Digital Gold. As part of the cryptocurrency rate forecast for tomorrow, April 23, 2020, one should expect an attempt to correct the value of the digital asset and test the resistance level near the area…
ETH/USD are trading at 180.40 and continue to move as part of the correction and the formation of the «Wedge» model. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $20 164 177 234. 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 195.05. Where again we should expect a rebound and the continuation of…
LTC/USD are trading at 41.30 and continue to move as part of the correction and the upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 710 152 329. Moving averages indicate the presence of a short-term bearish trend for Litecoin. Prices are testing the area between the signal lines, which indicates pressure from sellers and the potential continuation of the fall already from current levels. 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 42.55. Where again…
XRP/USD are trading at 0.1854 and continue to move as part of the correction and the upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 303 379 167. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are testing the area between the signal lines, indicating pressure from asset sellers. At the moment, we should expect an attempt to grow a digital asset and test the resistance level near the area of 0.2055. Further, the continuation of the fall of cryptocurrency to the area below the…
BCH/USD are trading at 232.15 and continue to move as part of the correction and the upward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 285 241 179. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices push away from the area between the signal lines, which indicates pressure from sellers. As part of the cryptocurrency rate forecast for April 23, 2020, one should expect an attempt to continue the development of a bullish correction of the asset value and test the resistance level near the area…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate a short-term bearish trend for the pair. Prices pierced the area between the signal lines down, indicating pressure from sellers of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0865. As part of the FOREX forecast for April 22, 2020, we should expect an attempt to develop a correction and test the resistance level near the area of 1.0915. Further, the rebound and continued fall of the Euro/Dollar currency pair.…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall 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 1.2320. Moving averages indicate a short-term bullish trend. Prices pierced the area between the signal lines down, indicating 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 1.2560. Where again we should expect a rebound and a continued fall…