Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in the framework of strong growth. Moving averages indicate the presence of a short-term bullish trend for the pair, prices went far from the signal lines, which indicates pressure from the bulls. At the time of the publication of the FOREX forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6421. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.6375. Further, within the framework of Forex forecast and analytics for…
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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 fall and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9875. Moving averages indicate a short-term bullish trend for the pair. However, prices broke through the area between the signal lines, indicating strong pressure from sellers. At the moment, we should expect an attempt to develop the correction of the Dollar against the Franc and test the resistance area near the level of 0.9915. Then, a…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the «Double Bottom» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.73. Moving averages indicate the presence of a short-term downtrend, prices continue to push off from signal lines, which indicates pressure from the bears. As part of the USD/RUB forecast for tomorrow, November 1, 2019, we should expect an attempt to reduce and test the support level near the area of 63.55 Rubles per US Dollar.…
BTC/USD are trading at 9102 and continue to move as part of the growth. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $165 077 543 180. Moving averages indicate the presence of a short-term lateral trend for Bitcoin, prices are above the level of signal lines, which indicates pressure from buyers. As part of the cryptocurrency rate forecast for November 1, 2019, we should expect an attempt to drop a digital asset and test the support level near the area of 8755. Where again we should expect a rebound and an attempt to continue the…
ETH/USD are trading at 180.32 and continue to move as part of the correction and the downward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $19 890 365 795. Moving averages indicate the presence of a short-term downward trend in Ethereum, but prices are located above the level of signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to fall in the value of the digital asset and a test of the support level near the 160.55 area. Where again we should expect a rebound and continued growth…
LTC/USD are trading at 57.47 and continue to move as part of the correction, but remain below the upper border of the bearish channel, which indicates pressure from the bears. A good signal to continue the upward movement will be a breakdown of the upper boundary of the channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 734 248 466. Moving averages indicate the presence of a short-term bearish trend for Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the area of 52.05. Where again…
XRP/USD are trading at 0.2911 and continue to move as part of the growth. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $12 799 040 879. Moving averages indicate the presence of a short-term bullish trend in Ripple, which is still strong, as you can see, prices are repelled from the level between the signal lines. At the moment, we should expect an attempt to reduce the digital asset and test the support level near the 0.2715 area. Further, the continued growth of cryptocurrency in the region above the level of 0.3505.…
BCH/USD are trading at 285.93 and continue to move as part of the growth. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 204 555 458. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash, prices are above the level of signal lines, which indicates the strength of the bulls. As part of the cryptocurrency rate forecast for November 1, 2019, we should expect an attempt to correct the asset value and test the support level near the area of 255.05. Where again we should expect a rebound and continued…
Currency pair Euro/Dollar EUR/USD continues to move as part of a slight increase. Moving averages indicate a short-term bullish trend for the pair, prices were able to push off the signal lines, which indicates pressure from the bulls. At the time of the publication of the forecast, the EUR/USD rate is 1.1107. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.1035. Further, the rebound and continued growth of the Euro/Dollar currency pair. The potential target of this movement is the area above the level of 1.1320. EUR/USD Forecast Euro…
Currency pair Pound/Dollar GBP/USD continues to move as part of growth and the rising channel. At the time of the publication of the forecast, the pound to the US dollar at Forex is 1.2871. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to depreciate the British Pound and test the support area near the level of 1.2625. 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 upward movement of the currency pair, in…