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 have gone far from the area between the signal lines, indicating pressure from sellers. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6470. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6525. Further, within the framework of the forecast and…
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 bearish channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9637. Moving averages indicate a short-term bearish trend for the pair. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9720. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9495. USD/CHF Forecast Dollar Franc February 4,…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of strong growth and a bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.82. Moving averages indicate a short-term bearish trend. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the American currency. As part of the USD/RUB forecast for tomorrow February 4, 2020, we should expect an attempt to lower and test the support level near the area of 62.75 Rubles per US Dollar. Then, a rebound…
BTC/USD are trading at 9354 and continue to move as part of the growth and upward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $170 398 095 008. Moving averages indicate the presence of a short-term bullish trend in Bitcoin. As part of the cryptocurrency rate forecast for February 4, 2020, we should expect an attempt to lower the value of the digital asset and test the support level near the area of 8905. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with the…
ETH/USD are trading at 173.33 and continue to move as part of the growth. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $20 761 288 458. 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 170.55. Where again we should expect a rebound and continued growth of the Ethereum rate with a…
LTC/USD are trading at 69.87 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 $4 521 327 982. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices again 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 digital asset and test the support level near the area of 59.55. Where again we should expect a rebound and continued growth of the Litecoin rate…
XRP/USD are trading at 0.2489 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 $11 013 899 947. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices again pushed from the area between the signal lines, indicating pressure from buyers and a potential upward rebound. At the moment, we should expect an attempt to reduce the digital asset and test the support level near the 0.2315 area. Further, the continued growth of cryptocurrency in the region above…
BCH/USD are trading at 381.40 and continue to move as part of growth and the bullish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $6 989 994 386. 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 4, 2020, one should expect an attempt to develop an asset value correction and a test of the support level near the 355.05…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1025. The pair continues to move in the framework of a slight fall and a bearish channel. Moving averages indicate a bearish trend in the pair. The pair again pushed off from the area between the signal lines, indicating pressure from sellers of the European currency. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 1.1155. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. The potential…
BRENT complete the trading week near the area of 57.30 dollars per barrel. And it continues to move in the framework of the fall and the bearish channel. Moving averages indicate a bearish trend. Prices went far from the area between the signal lines, indicating strong pressure from commodity sellers. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 60.35. Then, the rebound and the beginning of the fall of oil in the region below the level of 42.05 dollars per barrel. BRENT crude oil…