Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in the framework of the fall and the downward channel. Moving averages indicate the presence of a short-term bearish 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 0.6348. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6385. Further, within the framework of the forecast…
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 bullish 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 0.9962. Moving averages indicate a short-term bullish trend for the pair. Prices continue to remain above the area between the signal lines, indicating bullish pressure. 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 0.9975. 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 63.83. 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 12, 2019, we should expect an attempt to correct and test the resistance level near the area of 64.45 Rubles per US Dollar. Then, a rebound and continued fall…
BTC/USD are trading at 8786 and continue to move as part of the decline. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $158 695 208 857. Moving averages indicate the presence of a short-term upward trend in Bitcoin. Prices were able to break through the area of signal lines, which indicates pressure from sellers. As part of the cryptocurrency rate forecast for tomorrow, November 12, 2019, we should expect an attempt to drop a digital asset and test the support level near the area of 8565. Where again we should expect a rebound and an…
ETH/USD are trading at 184.65 and continue to move as part of the correction and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $20 298 840 479. Moving averages indicate the presence of a short-term bullish trend for Ethereum. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 195.45. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below the level of 145.05. Ethereum…
LTC/USD are trading at 61.04 and continue to move as part of the correction. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $3 947 729 783. Moving averages indicate the presence of a short-term bullish trend in Litecoin. At the moment, we should expect an attempt at a slight correction and a test of the support level near the area of 57.15. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 76.05. Litecoin Forecast and LTC/USD Analysis November 12, 2019…
XRP/USD are trading at 0.2725 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 $11 972 244 781. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have failed pushing away from signal lines, which indicates a pressure from sellers. At the moment, we should expect an attempt to correct the digital asset and test the resistance level near the 0.2805 area. Further, the continued fall of cryptocurrency to an area below the level of 0.2425. Ripple Forecast and XRP/USD…
BCH/USD are trading at 286.83 and continue to move as part of the correction and the formation of the inverted «Head and Shoulders» model. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 205 051 833. 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 rate forecast for November 12, 2019, one should expect an attempt to correct the value of the asset and test the support level near the area…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.1168. The pair continues to move within the correction and the downward channel. The pair was able to update another local maximum, which indicates pressure from buyers. Moving averages indicate a bearish trend, prices are still testing the area between the signal lines. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.1215. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. A potential reduction target is the area below the level…
BRENT complete the trading week near the area of 61.36 dollars per barrel. And it continues to move within the correction and the downward channel. Moving averages indicate the presence of a downward trend, prices several times repelled from the signal lines, which indicates pressure from sellers. At the moment, we should expect an attempt to continue the development of the upward correction and test the resistance area near the level of 62.25. Then a rebound and continued fall of oil to the area below the level of 50.05 dollars per barrel. BRENT oil Forecast and Analysis November 11 —…