Currency pair Dollar Franc USD/CHF continues to move as part of the correction and 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 0.9919. Moving averages indicate a short-term bullish trend for the pair, which is nearing completion. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9965. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential…
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 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 64.01. Moving averages indicate a short-term downtrend. As part of the USD/RUB forecast for tomorrow, October 25, 2019, we should expect an attempt to reduce and test the support level near the area of 63.55 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the area above the level of…
BTC/USD are trading at 7452 and continue to move as part of the fall and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $135 091 767 133. Moving averages indicate the presence of a short-term downward trend in Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, October 25, 2019, we should expect an attempt to correct the asset and test the resistance level near the area of 7725. 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 160.18 and continue to move as part of the fall and the downward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $17 597 523 641. Moving averages indicate the presence of a short-term downward trend in Ethereum. At the moment, we should expect an attempt to correct the value of the digital asset and test the resistance level near the area of 167.05. 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 Forecast and…
LTC/USD are trading at 49.27 and continue to move as part of the correction and the downward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 196 183 297. Moving averages indicate the presence of a short-term bearish trend for Litecoin. At the moment, we should expect an attempt to grow and test the resistance level near the area of 52.35. Where again we should expect a rebound and continued decline in the rate of Litecoin with a potential target below the level of 45.05. Litecoin Forecast and LTC/USD Analysis October 25, 2019 In…
XRP/USD are trading at 0.2744 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 $12 102 038 995. Moving averages indicate the presence of a short-term bullish trend for Ripple, which is nearing completion, prices are already testing broken lines from below. At the moment, we should expect an attempt to increase the rate of the digital asset and test the resistance level near the area of 0.2805. Further, the continuation of the fall of cryptocurrency to the area below the level of 0.2065.…
BCH/USD are trading at 215.68 and continue to move as part of the fall and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 923 770 982. Moving averages indicate the presence of a short-term bearish trend for Bitcoin Cash, which remains still quite strong, prices have already pushed several times from the area between the lines. As part of the cryptocurrency forecast for October 25, 2019, we should expect an attempt to correct the asset value and test the resistance level near the area of 225.05. Where again we should…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction. Moving averages indicate a short-term bullish trend for the pair. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1127. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.1075. 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 1.1265. EUR/USD Forecast Euro Dollar October 24, 2019 An additional signal in favor of raising the EUR/USD quotes will be…
Currency pair Pound/Dollar GBP/USD continues to move as part of growth and the bullish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2893. 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 1.2775. 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of strong growth. Moving averages indicate a short-term bullish trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6848. At the moment, we should expect an attempt to fall and test the support area near the level of 0.6795. Further, a rebound from the lower border of the channel and continued growth of quotations to the area above 0.6955. AUD/USD Forecast Australian Dollar October 24, 2019 An additional signal in favor of raising the AUD/USD pair will be…