Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of 0.6415. Moving averages indicate a bearish trend in the pair. 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 0.6485. Then, the continuation of the fall of the currency pair with a potential target below the level of 06025. NZD/USD Forecast and Analysis November 25 — 29, 2019 In favor of the fall of the NZD/USD currency pair, a test of the downward resistance line on…
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 USD/CHF Dollar/Franc closes the trading week near the level of 0.9936. The pair continues to move in the framework of growth and the bullish channel. Moving averages indicate a flat trend. However, prices are above the signal lines, which indicates pressure from the bulls. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9805. Further, a rebound and an attempt to grow the pair with a potential target above the level of 1.0335. USD/CHF Forecast and Analysis November 25 — 29, 2019 In favor of the rise of…
Bitcoin BTC/USD ends the trading week at 7121 and continues to move as part of the correction and the downward channel. Moving averages indicate a bullish trend, prices have broken through the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to continue the fall and test the support area near the level of 6650. Where again we should expect a rebound and continued growth of the Bitcoin rate with a potential target above the level of 12650. Bitcoin Forecast and Analysis November 25 — 29, 2019 In favor of raising BTC/USD…
Ethereum ETH/USD closes the trading week at 147.20 and continues to move as part of the fall and the bearish channel. Moving averages indicate a bearish trend for ETH/USD. At the moment, we should expect an attempt to continue the fall and test the support level near the area of 125.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 280.05. Ethereum Forecast and Analysis November 25 — 29, 2019 An additional signal in favor of raising the ETH/USD quotes for the current trading week November 25…
Ripple XRP/USD complete the trading week at 0.2302 and continue to move as part of the correction and the bearish channel. Moving averages indicate a bearish trend, continue to be repelled by signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to continue the development of the fall and test the support area near 0.1905. Where again we should expect a rebound and continued growth of the cryptocurrency in the region above the level of 0.3825. Ripple Forecast and Analysis November 25 — 29, 2019 In favor of the growth of XRP/USD quotes in the…
Litecoin LTC/USD ends the trading week at 46.43 and continues to move as part of the decline and the downward channel. Moving averages indicate a bearish trend, which remains quite strong, prices again pushed from the area between the signal lines. At the moment, we should expect an attempt to fall and test the support area near the level of 38.05. Where again we should expect a rebound and an attempt to start Litecoin growth with a potential target above the level of 85.05. Litecoin Forecast and Analysis November 25 — 29, 2019 An additional signal in favor of the…
Bitcoin Cash ends the trading week at 206.55 and continues to move as part of the fall. Unfortunately, customers were unable to complete the formation of the inverted «Head and Shoulders» model. Moving averages indicate a bearish trend, which remains strong, as we see prices once again pushed from the area between the signal lines. As part of the forecast for the BCH/USD rate for the next trading week, we should expect an attempt to downward correction of the value of the digital asset and a test of the support area near the level of 195.05. Where again, a rebound…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and formation of the inverted «Head and Shoulders» model. Moving averages indicate the presence of a short-term flat trend for the pair; prices have broken through the area between the signal lines, which indicates pressure from buyers. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1066. 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…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2936 Moving averages indicate the presence of 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 1.2855. 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 purpose…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the bullish channel. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines, indicating pressure from the bears. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6806. At the moment, we should expect an attempt to continue the decline and test the support area near the level of 0.6790. Further, the rebound and the beginning of the growth of quotations in the area above 0.6975. AUD/USD Forecast Australian…