Author: forex24pro

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the decline and the formation of the «Triangle» model. Moving averages indicate a short-term bearish trend for the pair. Prices push from the area between the signal lines, 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 0.6399. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​0.6435. Further,…

Currency pair Dollar Franc USD/CHF continues to move as part of strong growth. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9835. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the American currency. At the moment, we should expect an attempt to depreciate the Dollar against the Franc and test the support area near the level of 0.9785. Then, a rebound and continued appreciation of the US…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.53. 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 forecast for tomorrow, February 20, 2020, we should expect an attempt to grow and test the resistance level near the area of ​​63.75 Rubles per US Dollar. Then, the rebound…

BTC/USD are trading at 10147 and continue to move as part of the growth and bullish channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $185 060 227 230. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices pushed from the area between the lines, indicating pressure from buyers of digital gold. As part of the cryptocurrency rate forecast for tomorrow, February 20, 2020, we should expect an attempt to lower the value of the digital asset and test the support level near the area of ​​9735. Where again we should…

ETH/USD are trading at 279.27 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 $30 930 436 140. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices pushed from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to reduce the value of the coin and test the support level near the area of ​​225.75. Where again we should expect a rebound and continued growth of the…

LTC/USD are trading at 76.63 and continue to move as part of the correction and the bullish channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $4 967 516 677. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices pushed from the area between the signal lines, which indicates pressure from the bulls. At the moment, we should expect an attempt to reduce the value of the digital asset and test the support level near the 72.55 area. Where again we should expect a rebound and continued growth of the Litecoin…

XRP/USD are trading at 0.2925 and continue to move as part of the correction and the upward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $12 927 440 355. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices pushed from the area between the signal lines, which indicates pressure from buyers, the growth potential is still quite strong. At the moment, we should expect an attempt to reduce the digital asset and a test of the support level near the 0.2805 area. Further, the continued growth of cryptocurrency in the…

BCH/USD are trading at 417.12 and continue to move as part of the correction and the bullish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $7 636 417 398. 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 the sellers, however, the potential for upward rebound is still there. As part of the cryptocurrency rate forecast for February 20, 2020, we should expect an attempt to develop a downward correction of the asset value and a…

Currency pair Euro/Dollar EUR/USD continues to move in the framework of the fall and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices have gone far from the area between the signal lines, indicating strong pressure from sellers of the European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0832. As part of the Forex forecast, 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. The potential target…

Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.3036. Moving averages indicate a short-term bearish trend. However, prices broke through the area between the lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to increase the British Pound and a test of the resistance area near the level of 1.3105. Where again we should expect a rebound and a continued fall in the quotes of…