Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the downward channel. At the time of the publication of the FOREX forecast, the rate of the US Dollar to the Swiss Franc is 0.9770. Moving averages indicate the presence of 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 0.9795. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9680. USD/CHF Forecast Dollar…
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 62.29. 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 20, 2019, we should expect an attempt to grow and test the resistance level near the area of 62.85 Rubles per US Dollar. Then, the…
BTC/USD are trading at 7122 and continue to move as part of the fall and the formation of the bullish «Wolfe Wave» pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $123 803 169 311. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are testing the area between the signal lines, indicating a potential bounce down from current levels. As part of the cryptocurrency rate forecast for tomorrow, December 20, 2019, we should expect an attempt to drop the value of the digital asset and test the support level near…
ETH/USD are trading at 124.83 and continue to move as part of the growth and formation of the bullish «Wolfe Wave» pattern. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $13 870 204 592. Moving averages indicate the presence of a short-term bearish trend for Ethereum. At the moment, we should expect an attempt to drop the value of the coin and test the support level near the area of 108.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 185.05. Ethereum…
LTC/USD are trading at 39.10 and continue to move as part of the fall and the formation of the rising «Wolfe Wave» pattern. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 505 778 856. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to a slight fall in the asset and a test of the support level near the area of 35.65. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above 62.95. Litecoin…
XRP/USD are trading at 0.1853 and continue to move as part of the decline and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $8 191 332 458. 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 continue the fall of the digital asset and a test of the support level near the 0.1595 area. Further, the continued growth of cryptocurrency in the region above…
BCH/USD are trading at 186.05 and continue to move as part of the correction and the formation of the bullish «Wave Wave» pattern. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 301 115 387. 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 forecast for December 20, 2019, one should expect an attempt to fall in the value of the asset and test the support level near the area of 175.00. Where again…
Currency pair Euro/Dollar EUR/USD continues to move as part of the decline and the rising channel. 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 1.1122. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1145. 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 1.1005. EUR/USD Forecast Euro Dollar December 19, 2019 An additional signal in favor of falling EUR/USD…
Currency pair Pound/Dollar GBP/USD continues to move as part of the decline 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 1.3071. Moving averages indicate a short-term bullish 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 1.3225. 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the formation of the «Wolfe Wave» downward pattern. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates a probable upward rebound from current levels. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6859. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6905. Further, the rebound and the beginning of the fall of quotations in…