Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of 0.6372. 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 0.6535. Then the continuation of the fall of the currency pair with a potential target below the level of 0.6075. NZD/USD Forecast and Analysis August 26 — 30, 2019 In favor of the fall of the currency pair NZD/USD, 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 0.9839. The pair continues to move within the correction and the upward channel. 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 0.9725. Further, a rebound and an attempt to grow the pair with a potential target above the level of 1.0055. USD/CHF Forecast and Analysis August 26 — 30, 2019 In favor of the rise of the Dollar/Franc currency pair, a test of the support line on the relative strength index…
Bitcoin BTC/USD ends the trading week at 10175 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 reduce and test the support area near the level of 9100. 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 15350. Bitcoin Forecast and Analysis August 26 — 30, 2019 In favor of raising the BTC/USD quotes in the current trading week on August…
Ethereum ETH/USD ends the trading week at 189.58 and continues to move as part of the decline and the formation of the bullish pattern. Moving averages indicate a flat trend. At the moment, we should expect an attempt to fall and test the support level near the area of 135.00. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 315.00. Ethereum Forecast and Analysis August 26 — 30, 2019 In favor of raising the ETH/USD quotes for the current trading week August 26 — 30, 2019, a…
Ripple XRP/USD end the trading week at 0.2697 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 0.3105. Where again we should expect a rebound and continued fall of the cryptocurrency to the area below the level of 0.1545. Ripple Forecast and Analysis August 26 — 30, 2019 In favor of reducing the XRPUSD quotes in the current trading week August 26 — 30, 2019, a test of the downward trend line on the relative strength index (RSI)…
Litecoin LTC/USD ends the trading week at 72.51 and continues to move as part of the decline. Moving averages indicate a bullish 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 30.55. Litecoin Forecast and Analysis August 26 — 30, 2019 An additional signal in favor of a drop in LTC/USD quotes in the current trading week August 26 — 30, 2019 will be…
Bitcoin Cash ends the trading week at 310.82 and continues to move as part of the decline 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 335.00. Where again, a rebound is expected and an attempt to continue the fall of Bitcoin Cash with a potential target below the level of 155.00. Bitcoin Cash Forecast and Analysis August 26 — 30, 2019 An…
Currency pair Euro/Dollar EURUSD continues to move as part of the decline and the bearish 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 1.1072. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1125. 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 1.0960. EUR/USD Forecast Euro Dollar August 23, 2019 An additional signal in favor…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and bearish channel. At the time of the publication of the forecast, the British Pound to the US Dollar at FOREX is 1.2216. 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 1.2255. Where again we should expect a rebound and the continued fall of the British Pound against the US Dollar. The purpose of the bearish movement of the currency pair, in the framework of the Forex forecast…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and formation 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 0.6766. At the moment, we should expect an attempt to correct and test the resistance area near the level of 0.6795. Further, a rebound from the resistance level and continued decline in quotations to the area below 0.6615. AUD/USD Forecast Australian Dollar August 23, 2019 In favor of reducing the pair AUD/USD, a test…