Currency pair Dollar Franc USD/CHF continues to move as part of the correction and formation of the «Wedge» model. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9812. Moving averages indicate the presence of a short-term bearish trend for the pair. At the moment, we should expect an attempt to depreciate the Dollar against the Franc and test the support area near the level of 0.9785. Then, a rebound and continued growth of the US Dollar against the Swiss Franc with a potential target above the level…
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 US Dollar/Russian Ruble USD/RUB continues to move as part of a slight decline and a downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 62.43. Moving averages indicate a short-term bearish trend. Prices are again pushing from the area between the signal lines, indicating pressure from sellers of American currency. As part of the USD/RUB forecast for tomorrow, December 18, 2019, we should expect an attempt to grow and test the resistance level near the area of 62.65 Rubles per US Dollar. Then, a…
BTC/USD are trading at 6722 and continue to move as part of the fall and the bearish channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $123 519 391 620. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices continue to build on signal lines, indicating pressure from sellers. As part of the cryptocurrency rate forecast for tomorrow, December 18, 2019, one should expect an attempt to increase the value of a digital asset and test the resistance level near the area of 7045. Where again we should expect a rebound…
ETH/USD are trading at 126.30 and continue to move as part of the decline and the bearish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $14 153 725 992. Moving averages indicate the presence of a short-term bearish trend for Ethereum. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 140.05. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below the level of 102.55. Ethereum…
LTC/USD are trading at 38.02 and continue to move as part of the fall and the downward channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $2 502 986 870. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to slightly increase the asset and test the resistance level near the area of 41.55. Where again we should expect a rebound and continued decline in the rate of Litecoin with a potential target below the level of 30.35. Litecoin Forecast and LTC/USD…
XRP/USD are trading at 0.1910 and continue to move as part of the decline and the downward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $8 579 336 669. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are below the signal line area, which indicates pressure from cryptocurrency sellers. At the moment, we should expect an attempt to develop a correction of the digital asset and a test of the resistance level near the 0.2135 area. Further, the continuation of the fall of cryptocurrency to the area below the…
BCH/USD are trading at 186.95 and continue to move as part of the fall and development of the «Triangle» model. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 435 102 899. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices still continue to build on signal lines, indicating bearish pressure. As part of the cryptocurrency rate forecast for December 18, 2019, one should expect an attempt to increase the value of the asset and test the resistance level near the 195.00 area. Where again we should expect a…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the formation of the bearish model of «Wolfe Wave». Moving averages indicate a short-term bullish trend for the pair. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1145. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1165. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this movement is the area below the level of 1.0925. EUR/USD Forecast Euro Dollar December 17, 2019 An additional…
Currency pair Pound/Dollar GBP/USD continues to move as part of growth and the bullish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.3368. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to depreciate the British Pound and test the support area near the level of 1.3195. Where again we should expect a rebound and continued growth of quotations of the British Pound currency pair against the US Dollar. The target of the upward movement of the currency pair, in the framework of…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the formation of the «Wolfe Wave» bearish pattern. Moving averages indicate a short-term bullish trend. Prices push away from the area between the signal lines, which indicates pressure from buyers of the pair. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6888. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6925. Further, the rebound and the beginning of the fall of quotations in…