Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction of growth and the formation of the «Triangle» model. 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 pressure from buyers. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6426. At the moment, we should expect an attempt to fall and test the support level near the area of 0.6400. Further,…
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 the growth and upward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9982. Moving averages indicate a short-term bullish 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 1.0005. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9895. USD/CHF Forecast Dollar Franc November 29, 2019…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 64.04. Moving averages indicate a short-term downtrend, but prices have broken through the signal line area, which indicates pressure from buyers of the American currency. As part of the USD/RUB forecast for tomorrow, November 29, 2019, we should expect an attempt to grow and test the resistance level near the area of 64.20 Rubles per US Dollar. Then, a rebound and…
BTC/USD are trading at 7461 and continue to move as part of the growth and the beginning of the development of the «Head and Shoulders» reversal pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $136 564 503 487. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, November 28, 2019, we should expect an attempt to drop the value of the digital asset and test the support level near the area of 7050. Where again we should expect a rebound and an…
ETH/USD are trading at 148.85 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 $16 651 601 782. 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 142.05. 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…
LTC/USD are trading at 46.41 and continue to move as part of the correction and formation of the «Expanding Formation» model. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 059 697 090. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to fall slightly and test the support level near the 42.55 area. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 71.15. Litecoin Forecast and LTC/USD Analysis November 29,…
XRP/USD are trading at 0.2222 and continue to move as part of the decline. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $9 867 791 522. Moving averages indicate the presence of a short-term downward trend for Ripple. Prices are below the signal line area, indicating bearish pressure. At the moment, we should expect an attempt to grow a digital asset and a test of the resistance level near the 0.2335 area. Further, the continued fall of cryptocurrency to the area below the level of 0.1645. Ripple Forecast and XRP/USD Analysis November…
BCH/USD are trading at 217.55 and continue to move as part of the correction and the bearish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 006 506 184. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices are still far from the signal lines, bear pressure remains. As part of the cryptocurrency forecast for November 29, 2019, we 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 continued…
Currency pair Euro/Dollar EUR/USD continues to move as part of the decline and the rising channel. Here the «Double Bottom» reversal pattern is formed. Moving averages indicate a short-term bearish trend for the pair, prices pushed from the area between the signal lines, indicating pressure from the sellers of the Euro. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1014. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.0990. Further, the rebound and continued growth of the Euro/Dollar currency pair. The potential target of…
Currency pair Pound/Dollar GBP/USD 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 pound to the US Dollar at FOREX is 1.2879. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to develop the correction of the British Pound and a test of the support area near the level of 1.2795. Where again we should expect a rebound and the continuation of the rise in quotations of the British Pound currency pair against the US Dollar. The target…