Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the decline and the bearish channel. Moving averages indicate the presence of a short-term sideways trend for the pair. Prices are pushing away from signal lines, which indicates pressure from sellers. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6333. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6390. Further, within the framework of the forecast and…
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 correction and the bearish channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9942. Moving averages indicate a short-term bullish trend for the pair. Prices continue to remain above the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to increase the US Dollar against the Swiss Franc and test the resistance area near the level of 0.9965. Then, a rebound and continued depreciation of the US…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the decline 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 63.93. Moving averages indicate the presence of a short-term downtrend, prices continue to push off from signal lines, which indicates pressure from sellers. As part of the USD/RUB forecast for tomorrow November 13, 2019, we should expect an attempt to correct and test the resistance level near the area of 64.45 Rubles per US Dollar. Then, the rebound and continued fall…
BTC/USD are trading at 8708 and continue to move as part of the decline and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $158 670 123 656. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. As part of the cryptocurrency forecast for tomorrow, November 13, 2019, one should expect an attempt to grow a digital asset and test the resistance level near the area of 9105. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a target below…
ETH/USD are trading at 183.17 and continue to move as part of the correction and the formation of the «Triangle» model, which indicates the presence of uncertainty. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $20 246 592 310. Moving averages indicate the presence of a short-term bullish trend for Ethereum. At the moment, we should expect an attempt to reduce the value of the coin and test the support level near the area of 181.55. Where again we should expect a rebound and continued growth of the Ethereum rate with a…
LTC/USD are trading at 60.32 and continue to move as part of the correction. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $3 925 424 074. Moving averages indicate the presence of a short-term bullish trend in Litecoin. At the moment, we should expect an attempt to insignificant correction and test the support level near the area of 56.80. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above 76.55. Litecoin Forecast and LTC/USD Analysis November 13, 2019 In favor of the growth of…
XRP/USD are trading at 0.2691 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 $11 875 120 229. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices fell below the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to correct the digital asset and a test of the resistance level near the 0.2815 area. Further, the continued fall of cryptocurrency to the area below the level of 0.2075. Ripple Forecast and…
BCH/USD are trading at 285.91 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 $5 233 812 960. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash, prices are above the level of signal lines, which indicates pressure from the bulls. As part of the cryptocurrency forecast for November 13, 2019, we should expect an attempt to correct the asset value and test the support level near the 260.55 area. Where again we should expect a rebound and…
Currency pair Euro/Dollar EUR/USD continues to move as part of the decline and the rising channel. Do not exclude the completion of the formation of the «Double Top» reversal pattern. Moving averages indicate a short-term bullish trend for the pair, which is nearing completion. As you can see, prices broke through the area between the signal lines, which indicates pressure from sellers. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1024. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1065. Further, the rebound and…
Currency pair Pound/Dollar GBP/USD continues to move as part of a minor correction and an bullish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2795. 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 1.2635. 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 of the…