Author: 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.

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and the bullish channel. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are above the area between the signal lines, which indicates the pressure from the bulls in the pair. At the time of the publication of the FOREX forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6545. At the moment, we should expect an attempt to reduce and test the support level near the area of ​​0.6505. Further,…

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Currency pair Dollar Franc USD/CHF continues to move as part of the correction. At the time of the publication of the FOREX forecast, the rate of the US Dollar to the Swiss Franc is 0.9862. 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 0.9905. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9785. USD/CHF Forecast Dollar Franc December 11, 2019…

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Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.56. Moving averages indicate a short-term bearish trend. Prices again push off from the area between the signal lines, indicating pressure from sellers of American currency. As part of the USD/RUB forecast for tomorrow, December 11, 2019, we should expect an attempt to grow and test the resistance level near the area of ​​64.05 Rubles per US Dollar.…

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BTC/USD are trading at 7327 and continue to move as part of the correction and the formation of the «Triangle» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $133 047 717 189. Moving averages indicate the presence of a short-term sideways trend for Bitcoin. Prices pierced the area between the signal lines, indicating pressure from sellers. As part of the cryptocurrency rate forecast for December 11, 2019, we should expect an attempt to drop the value of the digital asset and test the support level near the area of ​​7305. Where again we should…

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ETH/USD are trading at 145.23 and continue to move as part of a slight increase. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $16 053 204 670. 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 ​​138.55. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 160.05. Ethereum Forecast and ETH/USD Analysis…

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LTC/USD are trading at 43.71 and continue to move as part of the correction and the downward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 843 583 135. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to slightly decrease and test the support level near the 42.25 area. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 52.55. Litecoin Forecast and LTC/USD Analysis December 11, 2019 In favor…

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XRP/USD are trading at 0.2195 and continue to move as part of the correction. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $9 658 286 552. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices are above the signal line area, which indicates pressure from cryptocurrency buyers. At the moment, we should expect an attempt to reduce the digital asset and a test of the support level near the 0.2105 area. Further, the continued growth of cryptocurrency in the region above the level of 0.2395. Ripple Forecast and…

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BCH/USD are trading at 207.18 and continue to move as part of the correction and the formation of the «Triangle» model. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 787 151 795. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices are still pushing away from signal lines, indicating bearish pressure. As part of the cryptocurrency forecast for December 11, 2019, one should expect an attempt to reduce the value of the asset and test the support level near the area of ​​205.05. Where again we should expect…

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Natural Gas continue to move as part of the decline and the downward channel. At the time of the publication of the forecast, the price of Natural Gas is $ 2.21. Moving averages indicate the presence of a bearish trend, which remains strong, as we see prices repel from the area between the signal lines. At the moment, we should expect an attempt to increase the asset quotes and test the resistance level near the area of ​​2.35. Further, the continuation of the fall in the gas rate in the region below the level of 1.95. Natural Gas Forecast and…

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Stock index DAX 30 continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate is 12950. Moving averages indicate a bullish trend. As part of the DAX 30 exchange rate forecast for December 11, 2019, we should expect an attempt to reduce and test the support level near the area of ​​12765. Where can we expect a rebound and continued growth of DAX 30 quotes in the area above the level of 13850. DAX 30 Index Forecast and Analysis December 11, 2019 In favor of the…

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