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 0.6395. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6425. Further,…
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 bullish 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 0.9804. 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 increase the dollar against the Franc and test the resistance area near the level of 0.9815. Then, a rebound…
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 63.68. 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 February 19, 2020, we should expect an attempt to grow and test the resistance level near the area of 63.95 Rubles per US Dollar. Then, a rebound and…
BTC/USD are trading at 9738 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 $176 068 675 110. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices returned to the area between the lines, indicating pressure from digital gold sellers. As part of the cryptocurrency rate forecast for tomorrow, February 19, 2020, one should expect an attempt to lower the value of the digital asset and test the support level near the area of 9505. Where again we should…
ETH/USD are trading at 265.65 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 $28 751 323 183. 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 225.05. Where again we should expect a rebound and continued growth of the…
LTC/USD are trading at 72.36 and continue to move as part of the correction and the upward channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $4 562 885 174. Moving averages indicate the presence of a short-term bullish trend in Litecoin. Prices fell into the area between the signal lines, indicating pressure from the bears, but growth risks still persist. 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 70.05. Where again we should expect a…
XRP/USD are trading at 0.2853 and continue to move as part of a strong correction and an upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $12 213 615 238. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices returned to the area between the signal lines, indicating pressure from sellers, but the growth potential is still strong. At the moment, we should expect an attempt to reduce the digital asset and a test of the support level near the 0.2765 area. Further, the continued growth of…
BCH/USD are trading at 403.34 and continue to move as part of the correction and the upward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $7 149 858 335. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices broke through 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 19, 2020, we should expect an attempt to develop a downward correction of the asset value and a…
Tesla stock continue to move as part of the correction and the formation of the «Triangle» model. 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 shares is 798.21. 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 755.05. Further, a rebound and continued growth in the value of securities. The potential target of…
Apple quotes continue to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate a short-term bullish trend for Apple. Prices pushed from the area between the signal lines, indicating pressure from stock buyers. At the time of publication of the forecast, the value of shares is 324.75. 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 320.05. Further, a rebound and continued growth in the value of securities. The potential target of this movement is the area…