Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the decline. 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 0.6441. At the moment, we should expect an attempt to develop an upward correction of the pair and a test of the resistance level near the area of 0.6485. Further, within the framework of the forecast and Forex analysis, an attempt is expected to continue…
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 Dollar Franc USD/CHF continues to move as part of the correction and the bearish channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9762. Moving averages indicate the presence of a short-term downtrend for the pair. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9710. Then, a rebound and continued growth of the US Dollar against the Swiss Franc with a target above the level of 0.9975. USD/CHF Forecast Dollar Franc August 16, 2019…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 66.12. Moving averages indicate a bullish trend. As part of the USD/RUB forecast for tomorrow, August 16, 2019, we should expect an attempt to lower and test the support level near the area of 64.75 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the area above the level of 67.35. USD/RUB Forecast Russian Ruble August 16, 2019 On…
Bitcoin are trading at 9983 and continue to move as part of the decline and the formation of the inverted «Head and Shoulders» model. Cryptocurrency capitalization at the time of the publication of the forecast is $179 766 344 084. Moving averages indicate the presence of an upward trend in Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, August 16, 2019, we should expect an attempt to decrease and test the support level near the 9500 area. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target…
Ethereum are trading at 180.95 and continue to move as part of the decline and the downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $19 865 155 884. 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 190.00. Where again we should expect a rebound and a continuation of the Ethereum rate drop with a potential target below 155.00. Ethereum Forecast and ETHUSD Analysis August 16, 2019 An additional signal in favor…
Litecoin are trading at 74.40 and continue to move as part of a strong fall. Cryptocurrency capitalization at the time of the publication of the forecast is $4 785 534 326. Moving averages indicate the presence of a short-term bearish trend in Litecoin. At the moment, we should expect an attempt to correct and test the resistance level near the 82.55 area. Where again we should expect a rebound and a continued fall in the rate of Litecoin with a potential target below 62.45. Litecoin Forecast and LTCUSD Analysis August 16, 2019 In favor of the fall in LTC/USD quotes,…
Ripple XRP/USD are trading at 0.2583 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $11 322 406 704. Moving averages indicate the presence of a short-term bearish 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 0.2670 area. Further, the continuation of the fall of cryptocurrency to the area below the level of 0.2210. Ripple Forecast and XRPUSD Analysis August 16, 2019 In favor of reducing the XRPUSD quotes, a…
Bitcoin Cash BCH/USD are trading at 300.94 and continue to move as part of an upward correction. Cryptocurrency capitalization at the time of the publication of the forecast is $5 490 796 542. Moving averages indicate the presence of a short-term downward trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for August 16, 2019, one should expect an attempt to grow and test the resistance level near the area of 315.00. Where again we should expect a rebound and continued fall of the digital asset Bitcoin Cash with a potential target below the level of 240.00. Bitcoin…
Stock index Dow Jones continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the index is trading at 25496. Moving averages indicate a downward trend in the index. At the moment, we should expect an attempt to increase the index quotes and test the resistance level near the area of 2585. Where is the rebound expected and the continuation of the fall of the Dow Jones stock market quotes to the area below the level of 24050. Dow Jones Index Forecast and…
Currency pair Euro/Dollar EURUSD continues to move in the framework of the fall and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the pair. the time of publication of the forecast, the Euro to US Dollar rate is 1.1143. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1245. Further, a rebound and the beginning of a decline in the Euro/Dollar currency pair. The potential target of this movement is the area below the level of 1.0970. EUR/USD Forecast Euro Dollar August 15, 2019…