Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices are still far from the area between the signal lines, indicating 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 0.6398. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6455. Further, within the…
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 a strong correction and a downward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9759. Moving averages indicate a short-term bearish 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 increase the dollar against the Franc and test the resistance area near the level of 0.9805. Then, a rebound and continued depreciation of…
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 63.32. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from buyers of the American currency. As part of the USD/RUB forecast for tomorrow, February 12, 2020, we should expect an attempt to fall and test the support level near the area of 62.55 Rubles per US Dollar. Then, a rebound and…
BTC/USD are trading at 10311 and continue to move as part of the growth and bullish channel. Quotes checked the strength level of 9655. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $184 594 552 258. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices continue to push from the area between the lines, indicating bullish pressure. As part of the cryptocurrency rate forecast for tomorrow, February 12, 2020, one should expect an attempt to lower the value of the digital asset and test the support level near the area of…
ETH/USD are trading at 235.52 and continue to move as part of growth and the rising channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $25 681 744 506. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices are located far from the area between the signal lines, which indicates 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 210.05. Where again we should expect a rebound and continued growth…
LTC/USD are trading at 76.37 and continue to move as part of the growth and upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $4 882 417 537. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices again pushed from the area between the signal lines, which indicates pressure from buyers and the continued rise in prices. At the moment, we should expect an attempt to reduce the value of the digital asset and test the support level near the area of 66.55. Where again we should expect a rebound…
XRP/USD are trading at 0.2786 and continue to move as part of the growth and upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $12 174 517 058. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices once again repulse from the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to reduce the digital asset and test the support level near the 0.2465 area. Further, the continued growth of cryptocurrency in the region above the level of…
BCH/USD are trading at 464.67 and continue to move as part of growth and the rising channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $8 413 556 771. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices push away from the area between the signal lines, which indicates pressure from buyers and a potential upward rebound. As part of the cryptocurrency forecast for February 12, 2020, we should expect an attempt to develop a downward correction of the asset value and a test of the support level near…
Tesla stock continue to move as part of the correction after strong growth. Moving averages indicate the presence of a short-term bullish trend for Tesla. Prices pushed from the area between the signal lines, which indicates pressure from buyers of securities. At the time of publication of the forecast, the value of the shares is 777.31. As part of the forecast, we should expect an attempt to develop a correction and a test of the support level near the area of 710.05. Further, a rebound and continued growth in the value of securities. The potential target of this movement is…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of a strong fall and a bearish channel. Moving averages indicate a short-term bearish trend for the pair. Prices again pushed from the area between the signal lines, indicating strong pressure from sellers of European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0911. As part of the Forex forecast, we should expect an attempt to develop a correction and a test of the resistance level near the area of 1.0955. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential…