Currency pair Dollar Franc USD/CHF continues to move as part of the growth and formation of the Wolfe Wave downward pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9936. 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 0.9965. Then, a rebound and the beginning of the depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9670. USD/CHF Forecast Dollar…
Author: forex24pro
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the decline. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 65.29. Moving averages indicate a bullish trend that is nearing completion. As part of the USD/RUB forecast for tomorrow, September 12, 2019, we should expect an attempt to grow and test the resistance level near the area of 65.85 Rubles per US Dollar. Then, the rebound and continued fall of the currency pair in the area below the level of 63.15. USD/RUB Forecast Russian Ruble…
BTC/USD are trading at 10076 and continue to move as part of the correction and the formation of the bullish «Wolfe Wave» pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $180 414 607 547. Moving averages indicate the presence of a short-term downward trend in Bitcoin. As part of the cryptocurrency forecast for September 12, 2019, we should expect an attempt to decrease and test the support level near the area of 9775. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with the target…
ETH/USD are trading at 176.35 and continue to move as part of the correction and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $19 158 784 031. Moving averages indicate the presence of a short-term bullish trend for Ethereum. At the moment, we should expect an attempt to grow a digital asset and test the resistance level near the area of 179.55. Where again we should expect a rebound and a continuation of the Ethereum rate drop with a potential target below 162.75. Ethereum Forecast and ETH/USD Analysis September…
LTC/USD are trading at 70.10 and continue to move as part of the correction and the upward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $4 412 755 483. Moving averages indicate the presence of a short-term bullish trend in Litecoin. At the moment, we should expect an attempt to grow and test the resistance level near the area of 71.00. Where again we should expect a rebound and continued fall of the Litecoin rate with a potential target below 60.45. Litecoin Forecast and LTC/USD Analysis September 12, 2019 In favor of the fall…
XRP/USD are trading at 0.2508 and continue to move as part of the decline and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $10 929 625 939. Moving averages indicate the presence of a short-term downward trend for Ripple, which has been going on for quite some time. At the moment, we should expect an attempt to increase the digital asset rate and test the resistance level near the 0.2565 area. Further, the continuation of the fall of cryptocurrency to the area below the level of 0.2305. Ripple Forecast…
BCH/USD are trading at 298.42 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 $5 344 134 649. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for September 12, 2019, one should expect an attempt to continue growth and test the resistance level near the area of 306.05. Where again we should expect a rebound and continued fall of the digital asset Bitcoin Cash with a potential target below the…
Stock index Dow Jones continue to move as part of the growth and formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the index is trading at 26943. Quotes continue to grow, but there is potential for the formation of the «Right Leverage» model. Moving averages indicate a bullish trend in the index. At the moment, we should expect an attempt to continue the growth of quotations and a test of the resistance level near the area of 27145. Further, a rebound and a continued fall of quotations of the Dow Jones…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the bearish channel. Moving averages indicate a short-term bearish trend for the pair, which is still quite strong. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1043. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1095. 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 1.0855. EUR/USD Forecast Euro Dollar September 11, 2019 An additional signal…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and formation of the «Expanding Triangle» model. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2331. Moving averages indicate a short-term bearish trend that is nearing completion. At the moment, we should expect an attempt to increase the British Pound and test the resistance area near the level of 1.2385. Where again we should expect a rebound and a continued decline in quotations of the British Pound currency pair against the US Dollar. The purpose of the downward…