Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of 0.6413. Moving averages indicate a downward trend in the pair. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6495. Then, the continuation of the fall of the currency pair with a potential target below the level of 0.5980. NZD/USD Forecast and Analysis September 9 — 13, 2019 In favor of the fall of the NZD/USD currency pair, a test of the downward resistance line on the relative strength index (RSI) will…
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 USD/CHF Dollar/Franc closes the trading week near the level of 0.9906. The pair continues to move as part of the correction and the formation of the inverted «Head and Shoulders» model. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9735. Further, a rebound and an attempt to grow the pair with a potential target above the level of 1.0265. USD/CHF Forecast and Analysis September 9 — 13, 2019 In favor of the rise of the Dollar/Franc currency pair, a test of…
Bitcoin BTC/USD ends the trading week at the level of 10769 and continues to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to continue to decline and test the support area near the level of 9550. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a potential target above the level of 14550. Bitcoin Forecast and Analysis September 9 — 13, 2019 In favor of raising BTC/USD quotes in the current…
Ethereum ETH/USD ends the trading week at 174.84 and continues to move as part of the fall and the formation of the bullish «Wolfe Wave» pattern. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to fall and test the support level near the area of 140.00. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above 265.00. Ethereum Forecast and Analysis September 9 — 13, 2019 In favor of raising the ETH/USD quotes for the current trading week September 9 — 13, 2019, a test…
Ripple XRP/USD end the trading week at 0.2544 and continue to move as part of the decline. Moving averages indicate a downward trend. At the moment, we should expect an attempt to rise and test the resistance area near 0.2845. Where again we should expect a rebound and continued fall of the cryptocurrency to the area below the level of 0.1695. Ripple Forecast and Analysis September 9 — 13, 2019 In favor of reducing the XRP/USD quotes in the current trading week September 9 — 13, 2019, a test of the downward trend line on the relative strength index (RSI)…
Litecoin LTC/USD ends the trading week at 66.81 and continues to move as part of the decline and the beginning of the development of the «Head and Shoulders» model. Moving averages indicate a flat trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 75.00. Where again we should expect a rebound and an attempt to continue the decline in Litecoin with a potential target below the level of 27.55. Litecoin Forecast and Analysis September 9 — 13, 2019 An additional signal in favor of a drop in LTC/USD quotes…
Bitcoin Cash ends the trading week at 298.59 and continues to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. Moving averages indicate a bearish trend. As part of the forecast for the BCH/USD rate for the next trading week, we should expect an attempt to correct and test the resistance area near the level of 315.55. Where again, a rebound is expected and an attempt to continue the fall of Bitcoin Cash with a potential target below the level of 165.00. Bitcoin Cash Forecast and Analysis September 9 — 13, 2019 An…
Currency pair Euro/Dollar EUR/USD continues to move as part of the upward 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 forecast, the Euro/Dollar rate is 1.1053. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1075. 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 1.0835. EUR/USD Forecast Euro Dollar September 6, 2019 An additional signal in…
Currency pair Pound/Dollar GBP/USD continues to move as part of strong growth and the formation of the «Expanding Triangle» model. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2330. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to increase the British Pound and test the resistance area near the level of 1.2375. 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 movement of the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of strong growth and the beginning of the development of the «Triangle» model. Moving averages indicate a short-term bearish trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6816. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.6765. Further, a rebound from the support level and continued growth of quotations to the area above 0.6975. AUD/USD Forecast Australian Dollar September 6, 2019 An additional signal in favor…