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. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6209. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area of 0.6275. Further, within the framework of the forecast and Forex analysis for tomorrow, a rebound…
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 growth and bullish channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9972. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.9995. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9770. USD/CHF Forecast Dollar Franc October 3, 2019 An additional signal in…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of growth and the rising channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 65.18. Moving averages indicate a downward trend that is nearing completion. As part of the USD/RUB forecast for tomorrow, October 3, 2019, we should expect an attempt to reduce and test the support level near the area of 64.25 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the area above the level of 66.85. USD/RUB…
BTC/USD are trading at 8223 and continue to move as part of the correction and the bearish channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $149 063 852 460. Moving averages indicate the presence of a short-term downward trend in Bitcoin. As part of the forecast for the cryptocurrency rate for October 3, 2019, we should expect an attempt to raise the asset quotes and test the resistance level near the area of 9005. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a…
ETH/USD are trading at 173.40 and continue to move as part of an upward correction. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $19 200 993 177. Moving averages indicate the presence of a short-term downward trend in Ethereum. At the moment, we should expect an attempt to continue the correction of the digital asset and a test of the resistance level near the area of 182.55. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below 135.55. Ethereum Forecast and ETH/USD…
LTC/USD are trading at 54.64 and continue to move as part of the decline and the downward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 568 375 114. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to correct and test the resistance level near the area of 58.50. Where again we should expect a rebound and continued decline in the rate of Litecoin with a potential target below the level of 44.50. Litecoin Forecast and LTC/USD Analysis October 3, 2019 In…
XRP/USD are trading at 0.2467 and continue to move as part of the correction and the upward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $10 889 011 642. Moving averages indicate the presence of a short-term lateral trend for Ripple. At the moment, we should expect an attempt to depreciate the digital asset and test the support level near the 0.2380 area. Further, the continued growth of cryptocurrency in the region above the level of 0.2745. Ripple Forecast and XRP/USD Analysis October 3, 2019 In favor of the rise in…
BCH/USD are trading at 220.91 and continue to move as part of the correction and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 057 893 262. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for October 3, 2019, one should expect an attempt to develop a correction and test the resistance level near the area of 225.05. Where again we should expect a rebound and continued fall of the digital asset Bitcoin Cash with a potential target below…
Currency pair Euro/Dollar EUR/USD continues to move as part of the decline and the bearish channel. Moving averages indicate a short-term bearish trend for the pair, prices continue to push from the area between the lines, which indicates pressure from the bears. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0896. At the moment, we should expect an attempt to correct and test the resistance level near the area of 1.0945. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this movement is the area below the level of…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2255. Moving averages indicate a short-term bullish trend, however, prices have broken through the area between the signal lines, indicating pressure from the bears. It is likely that the sliding will intersect again. At the moment, we should expect an attempt to depreciate the British Pound and test the support area near the level of 1.2215. Where again we should expect a rebound and continued growth…