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 0.6528. At the moment, we should expect an attempt to reduce and test the support level near the area of ​​0.6475. 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 0.9890. 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 0.9785. USD/CHF Forecast Dollar Franc December 5, 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 63.89. 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 5, 2019, we should expect an attempt to lower and test the support level near the area…

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ETH/USD are trading at 144.83 and continue to move as part of a slight increase. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $16 277 333 519. 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 175.05. Ethereum Forecast and ETH/USD Analysis December 5, 2019…

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BTC/USD are trading at 7465 and continue to move as part of the growth and upward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $135 022 327 416. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices have pierced the area between the signal lines, indicating pressure from buyers of the leading digital asset. As part of the cryptocurrency rate forecast for tomorrow, December 5, 2019, we should expect an attempt to drop the value of the digital asset and test the support level near the area of ​​7195. Where…

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LTC/USD are trading at 45.18 and continue to move as part of the correction and the upward channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $2 927 520 526. 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 42.35 area. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 53.05. Litecoin Forecast and LTC/USD Analysis December 5, 2019…

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XRP/USD are trading at 0.2169 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 $9 508 885 472. 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 0.2335 area. Further, the continued fall of cryptocurrency to the area below the level of 0.1565. Ripple Forecast and…

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BCH/USD are trading at 212.39 and continue to move as part of the correction and the bullish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 869 737 165. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices are still pushing away from signal lines, and bear pressure remains. As part of the cryptocurrency forecast for December 5, 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 a rebound…

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Currency pair Euro/Dollar EUR/USD continues to move in the framework of strong growth and an upward channel. An inverted «Head and Shoulders» reversal pattern is also formed here. 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 1.1076. At the moment, we should expect an attempt to reduce and test the support level near the 1.1005 area. Further, the rebound and continued growth of the Euro/Dollar currency pair. The…

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Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and the development of the «Triangle» model. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2992. 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 1.2935. 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…

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