Currency pair Dollar Franc USD/CHF continues to move as part of the decline and the beginning of the development of the «Wedge» model. At the time of the publication of the FOREX forecast, the rate of the US Dollar to the Swiss Franc is 0.9885. Moving averages indicate the presence of a short-term flat trend for the pair. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.9935. Then, a rebound and the beginning of the depreciation of the US Dollar against the Swiss Franc with a potential target below…
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 fall and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.63. Moving averages indicate a downward trend, the distance between the lines is growing, which indicates pressure from the bears. As part of the USD/RUB rate forecast for tomorrow September 25, 2019, we should expect an attempt to correct and test the resistance level near the area of 64.55 Rubles per US Dollar. Then, the rebound and continued fall of the…
BTC/USD are trading at 9701 and continue to move as part of the correction and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $174 146 692 389. Moving averages indicate the presence of a short-term downward trend for Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, September 25, 2019, we should expect an attempt to correct and test the resistance level near the area of 9905. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a target below the area…
ETH/USD are trading at 195.17 and continue to move as part of the correction and the formation of the inverted «Head and Shoulders» model. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $21 218 914 239. Moving averages indicate the presence of a short-term bullish trend for Ethereum. At the moment, we should expect an attempt to reduce the digital asset and test the support level near the area of 170.05. 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…
LTC/USD are trading at 65.91 and continue to move as part of a strong fall and a downward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $4 194 450 549. 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 67.65. Where again we should expect a rebound and a continued fall in the rate of Litecoin with a potential target below the level of 58.05. Litecoin Forecast and LTC/USD Analysis September 25,…
XRP/USD are trading at 0.2651 and continue to move as part of the fall and the bearish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $11 489 417 814. Moving averages indicate the presence of a short-term bearish trend for Ripple. At the moment, we should expect an attempt to increase the digital asset rate and test the resistance level near the 0.2725 area. Further, the continuation of the fall of cryptocurrency to the area below the level of 0.2325. Ripple Forecast and XRP/USD Analysis September 25, 2019 In favor of…
BCH/USD are trading at 288.56 and continue to move as part of the fall. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 187 017 278. Moving averages indicate the presence of a short-term downward trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for September 25, 2019, one should expect an attempt to grow and test the resistance level near the area of 298.05. Where again we should expect a rebound and continued fall of the Bitcoin Cash digital asset with a potential target below the level of 260.05. Bitcoin Cash…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the decline. Moving averages indicate a short-term downtrend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6771. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6815. Further, the rebound from the upper border of the channel and the continuation of the fall of quotations in the area below 0.6685. AUD/USD Forecast Australian Dollar September 24, 2019 An additional signal in favor of reducing the AUD/USD pair…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate the presence of a short-term bearish trend for the pair, which has been going on for quite some time. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0982. At the moment, we should expect an attempt to correct and test the resistance level near the area of 1.1025. 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 1.0815.…
Currency pair Pound/Dollar GBP/USD continues to move as part of the decline. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2434. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to raise the British Pound and test the resistance area near the level of 1.2495. Where again we should expect a rebound and a continued fall in quotations of the British Pound currency pair against the US Dollar. The purpose of the downward movement of the currency pair, in the framework of the Forex…