Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth, and were also able to leave the bearish channel. Moving averages indicate a short-term bearish trend for the pair. However, prices broke through the area between the signal lines up, 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 0.6436. At the moment, we should expect an attempt to reduce and test the support 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 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 0.9253. Moving averages indicate a short-term bearish trend for the pair. Prices pierced down the area between the signal lines, indicating pressure from sellers of the American currency. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9345. Then, a rebound and continued depreciation of the US…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of growth and the rising channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 74.16. Moving averages indicate a short-term bullish trend. Prices push from the area between the signal lines, which indicates pressure from buyers of the American currency. As part of the USD/RUB rate forecast for tomorrow March 10, 2020, we should expect an attempt to develop a correction and test the support level near the area of 70.05 Rubles per US Dollar. Then,…
BTC/USD are trading at 7714 and continue to move as part of the fall and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $143 089 108 706. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices have gone down from the area between the lines, indicating pressure from the sellers of Digital Gold. As part of the cryptocurrency rate forecast for March 10, 2020, we should expect an attempt to increase the value of the digital asset and test the resistance level near the area of 8005. Where…
ETH/USD are trading at 193.58 and continue to move as part of the decline and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $21 714 027 432. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices pushed from the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 205.05. Where again we should expect a rebound and the continuation of the…
LTC/USD are trading at 46.77 and continue to move as part of the fall and the bearish channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $3 185 213 128. Moving averages indicate the presence of a short-term bearish trend for Litecoin. Prices pushed from the area between the signal lines down, indicating pressure from sellers. 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 53.05. Where again we should expect a rebound and a continued fall…
XRP/USD are trading at 0.1990 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 $8 974 089 347. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have gone down from 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 0.2145. Further, the continuation of the fall of cryptocurrency to the area…
BCH/USD are trading at 258.93 and continue to move as part of the fall and the bearish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 897 233 590. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices have gone down from the area between the signal lines, indicating pressure from sellers. As part of the cryptocurrency rate forecast for March 10, 2020, one should expect an attempt to develop the growth of the asset value and test the resistance level near the area of 300.05. Where again…
Naturally, the evolution of technology, as well as new rules and regulations concerning the trading world may imply the existence of a highly competitive market – namely, the forex one. Given that the two mentioned aspects of trading are in continuous change and development, it goes without saying that every trader should always be ready to face the challenges – as well as the profits – of the future of forex trading. It is believed that, due to the massive growth in popularity of this particular trading, the numbers of both traders and brokers has increased to the point where…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1304 area. The pair continues to move in the framework of strong growth. Prices have left the downward channel. Moving averages indicate a downward trend in the pair. However, prices broke through the area between the signal lines up, which indicates pressure from buyers of the European currency. At the moment, we should expect an attempt to develop a downward correction and a test of the support area near the level of 1.1085. Where is the rebound expected and continued growth of the Euro/Dollar. The potential target of the…