Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the bearish 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 0.6467. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6535. 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 minor correction and a bearish channel. At the time of the publication of the FOREX forecast, the rate of the US Dollar to the Swiss Franc is 0.9745. Moving averages indicate a short-term bearish trend for the pair. Prices again returned to the area between the signal lines, which may indicate a potential drop already from current levels. At the moment, we should expect an attempt to increase the US Dollar against the Franc and test the resistance area near the level of 0.9765. Then, a rebound and…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.09. Moving averages indicate a short-term bullish trend. Prices are testing 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 7, 2020, we should expect an attempt to grow and test the resistance level near the area of 63.55 Rubles per…
BTC/USD are trading at 9639 and continue to move as part of the correction and the upward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $178 589 365 520. 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 February 6, 2020, we should expect an attempt to lower the value of the digital asset and test the support level near the area of 9325. Where again we should expect a…
ETH/USD are trading at 207.12 and continue to move as part of the growth and bullish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $23 109 774 001. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices once again pushed 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 195.05. Where again we should expect a rebound and continued growth…
LTC/USD are trading at 73.17 and continue to move as part of the growth and bullish channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $4 677 429 125. 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 69.05. Where again we should expect a rebound…
XRP/USD are trading at 0.2768 and continue to move as part of the growth and bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $12 137 764 069. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices again pushed from the area between the signal lines, which indicates strong pressure from buyers and the potential continuation of the rise in cryptocurrency prices. At the moment, we should expect an attempt to reduce the digital asset and a test of the support level near the 0.2605 area. Further,…
BCH/USD are trading at 437.06 and continue to move as part of the growth and bullish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $7 831 107 580. 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 rate forecast for February 7, 2020, we should expect an attempt to develop a downward correction of the asset value and a test of the support level…
Tesla stock continue to move as part of a strong downward correction correction after strong growth. Moving averages indicate the presence of a short-term bullish trend for Tesla. Prices have gone far up 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 shares is 734.33. 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 705.05. Further, a rebound and continued growth in the value of securities. The potential…
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 again pushed from the area between the signal lines, indicating pressure from sellers of European currency. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1018. As part of the Forex forecast, we should expect an attempt to develop a correction and test the resistance level near the area of 1.1045. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this movement is…