Author: 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.

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction. 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 0.6337. At the moment, we should expect an attempt to develop the upward movement and a test of the resistance level near the area of ​​0.6425. Further, within the framework of the forecast and Forex analysis for tomorrow, an attempt is expected to continue the…

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Currency pair Dollar Franc USD/CHF continues to move as part of the correction and formation of the «Head and Shoulders» model. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9815. Moving averages indicate the presence of a short-term downtrend for the pair. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.9855. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a target below 0.9575. USD/CHF Forecast Dollar Franc August 29,…

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Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 66.72. Moving averages indicate a bullish trend. As part of the USD/RUB forecast for tomorrow, August 29, 2019, we should expect an attempt to lower and test the support level near the area of ​​65.65 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the region above the level of 68.45. USD/RUB Forecast…

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BTC/USD are trading at 9652 and continue to move as part of the reduction and development of the «Triangle» model. Bitcoin’s cryptocurrency capitalization at the time of the publication of the forecast is $174 620 545 665. Moving averages indicate a bearish trend in Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, August 29, 2019, we should expect an attempt to grow and test the resistance level near the area of ​​9855. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a target below the area of ​​8405.…

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ETH/USD are trading at 168.32 and continue to move as part of the start of development of the «Triangle» model. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $18 689 262 506. Moving averages indicate the presence of a short-term bearish trend for Ethereum. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​175.00. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below the level of 145.00. Ethereum Forecast and ETH/USD Analysis August 29,…

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LTC/USD are trading at 65.00 and continue to move as part of the decline. Litecoin’s cryptocurrency capitalization at the time of the publication of the forecast is $4 246 875 885. Moving averages indicate the presence of a short-term bearish trend for Litecoin. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​67.05. Where again we should expect a rebound and a continued fall in the rate of Litecoin with a potential target below the level of 54.05. Litecoin Forecast and LTC/USD Analysis August 29, 2019 In favor of the…

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XRP/USD are trading at 0.2505 and continue to move as part of the decline and the beginning of the development of the «Triangle» model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $10 982 645 671. Moving averages indicate the presence of a short-term downward trend for Ripple. At the moment, we should expect an attempt to correct the course of the digital asset and test the resistance level near the 0.2550 area. Further, the continuation of the fall of cryptocurrency to the area below the level of 0.2015. Ripple Forecast and…

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BCH/USD are trading at 289.60 and continue to move as part of the reduction and development of the «Triangle» model. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 272 660 220. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for August 29, 2019, we should expect an attempt to increase slightly and test the resistance level near the area of ​​295.00. Where again we should expect a rebound and continued fall of the digital asset Bitcoin Cash with a potential target…

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Currency pair Euro/Dollar EURUSD 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. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1106. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​1.1155. 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 1.0915. EUR/USD Forecast Euro Dollar August 28, 2019 An additional…

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Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the bearish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2254. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to increase the rate and test the resistance area near the level of 1.2315. Where again we should expect a rebound and the continued fall of the British Pound against the US Dollar. The target of the downward movement of the currency pair, in the framework of the FOREX forecast…

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