Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the decline. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are testing the area between the signal lines down, which indicates pressure from buyers and a potential rebound up. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6610. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6645. Further, within the framework…
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 fall 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 0.9636. 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 0.9675. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9515. USD/CHF Forecast Dollar Franc January…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the decline and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 61.52. Moving averages indicate a short-term bearish trend. Prices continue to remain below the area between the signal lines, indicating pressure from sellers of American currency. As part of the USD/RUB rate forecast for tomorrow, January 16, 2020, we should expect an attempt to grow and test the resistance level near the area of 62.55 Rubles per US Dollar. Then, the…
BTC/USD are trading at 8777 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 $159 112 405 210. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, January 16, 2020, one should expect an attempt to drop the value of the digital asset and test the support level near the area of 8155. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with…
ETH/USD are trading at 162.34 and continue to move as part of the growth and upward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $17 899 105 723. Moving averages indicate the presence of a short-term bullish trend for Ethereum. At the moment, we should expect an attempt to reduce the value of the coin and test the support level near the area of 145.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 205.05. Ethereum Forecast and…
LTC/USD are trading at 57.04 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 $3 670 417 344. Moving averages indicate the presence of a short-term bullish trend in Litecoin. 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 asset and test the support level near the area of 50.05. Where again we should expect a rebound and continued growth of the Litecoin rate with a…
XRP/USD are trading at 0.2323 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 $10 214 556 855. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices could go far up from the area between the signal lines up, 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 0.2115 area. Further, the continued growth of cryptocurrency in the region above the…
BCH/USD are trading at 332.22 and continue to move as part of strong growth. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $6 034 987 500. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices are located far from the area between the signal lines, indicating strong pressure from the bulls. As part of the cryptocurrency rate forecast for January 16, 2020, we should expect an attempt to develop an asset value correction and a test of the support level near the area of 290.05. Where again we should…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the beginning of the formation of the «Head and Shoulders» reversal pattern. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines, which indicates a probable upward rebound directly from current levels. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1114. As part of the Forex forecast, we should expect an attempt to continue growth and test the resistance level near the area of 1.1180. Further, the rebound and continued fall of the…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2977. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to increase the British Pound and a test of the resistance area near the level of 1.3135. Where again we should expect a rebound and a continued fall in quotations of the British Pound currency pair against the US Dollar. The purpose of the…