Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction 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 0.6284. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area of 0.6295. Further, within the framework of the forecast and Forex analysis for tomorrow, a rebound is…
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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 growth and upward channel. At the time of the publication of the FOREX forecast, the rate of the US Dollar to the Swiss Franc is 1.0006. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9925. Then, a rebound and continued growth of the US Dollar against the Swiss Franc with a potential target above the level of 1.0165. USD/CHF Forecast Dollar Franc October 4, 2019 An additional…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of growth and the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 65.03. Moving averages indicate a bullish trend. As part of the USD/RUB forecast for tomorrow, October 4, 2019, we should expect an attempt to lower and test the support level near the area of 64.55 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the area above the level of 66.75. USD/RUB Forecast Russian Ruble October…
BTC/USD are trading at 8278 and continue to move as part of the correction and the formation of the «Triangle» model. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $148 507 775 072. 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 8455. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin…
ETH/USD are trading at 173.40 and continue to move as part of an upward correction. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $19 097 255 049. 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 182.05. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below the level of 145.55. Ethereum Forecast and ETH/USD…
LTC/USD are trading at 55.08 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 $3 540 001 856. 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 area 58.15. Where again we should expect a rebound and continued decline in the rate of Litecoin with a potential target below the level of 43.65. Litecoin Forecast and LTC/USD Analysis October 4, 2019 In favor of…
XRP/USD are trading at 0.2450 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 $10 694 253 239. Moving averages indicate the presence of a short-term downward trend for Ripple. At the moment, we should expect an attempt to depreciate the digital asset and test the support level near the 0.2365 area. Further, the continued growth of cryptocurrency in the region above the level of 0.2955. Ripple Forecast and XRP/USD Analysis October 4, 2019 In favor of the rise in…
BCH/USD are trading at 222.59 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 $4 025 858 947. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. As part of the cryptocurrency forecast for October 4, 2019, we should expect an attempt to increase the value of the asset and test the resistance level near the area of 227.55. Where again we should expect a rebound and continued fall of the digital asset Bitcoin Cash with a potential…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the downward 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. In general, the current trend continues for quite some time. At the time of the publication of the forecast, the Euro/Dollar rate is 1.0951. There is a correction as part of the development of the inverted «Head and Shoulders» model, but it is directed against the trend, strong growth should not be expected. At the moment, we should…
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 1.2304. 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 1.2220. Where again we should expect a rebound and continued growth of quotations of the British Pound currency pair against the US Dollar. The target of the upward movement of the currency pair, in the framework…