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 0.6532. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.6485. Further,…
Author: forex24pro
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 0.9879. 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 0.9925. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9765. USD/CHF Forecast Dollar Franc December 6, 2019…
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 63.75. Moving averages indicate a short-term bearish trend, prices are again testing the area between the signal lines, which suggests a fall in the value of the US currency from current levels. As part of the USD/RUB forecast for tomorrow, December 6, 2019, we should expect an attempt to grow and test the resistance level near the area…
BTC/USD are trading at 7465 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 $133 523 331 715. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are testing the area between the signal lines, which indicates pressure from sellers of the leading digital asset. As part of the cryptocurrency rate forecast for tomorrow, December 6, 2019, we should expect an attempt to drop the value of the digital asset and test the support level near the area of…
ETH/USD are trading at 145.35 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 $16 126 752 074. 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 137.95. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 173.55. Ethereum Forecast and ETH/USD Analysis…
LTC/USD are trading at 43.57 and continue to move as part of the correction and the upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 870 873 385. 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 42.05 area. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 52.85. Litecoin Forecast and LTC/USD Analysis December 6, 2019 In favor…
XRP/USD are trading at 0.2124 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 $9 416 885 870. Moving averages indicate the presence of a short-term downward 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 grow a digital asset and a test of the resistance level near the 0.2205 area. Further, the continued fall of cryptocurrency to the area below the level of 0.1655. Ripple Forecast and…
BCH/USD are trading at 208.24 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 $3 861 589 740. 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 rate forecast for December 6, 2019, one should expect an attempt to reduce the value of the asset and test the support level near the 195.05 area. Where again we should expect a rebound and…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of growth and the bullish channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have pierced the area between the signal lines, indicating pressure from Euro buyers. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1072. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.1025. Further, the rebound and continued growth of the Euro/Dollar currency pair. The potential target of this movement is the area above the level…
Currency pair Pound/Dollar GBP/USD continues to move as part of growth and the rising channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.3087. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to develop the depreciation of the British Pound and a test of the support area near the level of 1.2995. Where again we should expect a rebound and the continued rise in quotations of the British Pound currency pair against the US Dollar. The target of the upward movement of the…