Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of a strong fall and a bearish channel. Moving averages indicate the presence of a short-term downtrend 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 0.6448. At the moment, we should expect an attempt to grow the pair and test the resistance level near the area of 0.6505. Further, within the framework of the forecast and Forex analysis, an attempt is expected to continue the fall…
Author: forex24pro
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the bear channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9735. 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 0.9760. Then, a rebound and the beginning of the depreciation of the US Dollar against the Swiss Franc with a target below the level of 0.9630. USD/CHF Forecast Dollar Franc…
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 65.39. Moving averages indicate a bearish trend. As part of the USD/RUB rate forecast for tomorrow, August 8, 2019, we should expect an attempt to reduce and test the support level near the area of 64.25 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the area above the level of 67.65. USD/RUB Forecast Russian Ruble August 8, 2019…
Bitcoin BTC/USD are trading at 12066 and continue to move as part of the growth and downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $ 209 857 868 858. Moving averages indicate the presence of an upward trend in Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, August 8, 2019, we should expect an attempt to decrease and test the support level near the area of 10875. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the area of…
Ethereum ETH/USD are trading at 227.36 and continue to move as part of the growth. Cryptocurrency capitalization at the time of the publication of the forecast is $24 182 254 880. Moving averages indicate the presence of a short-term bullish trend for Ethereum. At the moment, we should expect an attempt to fall and test the support level near the area of 220.00. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above 265.00. Ethereum Forecast and ETHUSD Analysis August 8, 2019 An additional signal in favor of the growth of…
Litecoin LTC/USD are trading at 92.38 and continue to move as part of the correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $5 789 173 552. Moving averages indicate the presence of a short-term lateral trend for Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the area of 90.00. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above 110.00. Litecoin Forecast and LTCUSD Analysis August 8, 2019 In favor of the growth…
Ripple XRP/USD are trading at 0.3096 and continue to move as part of the correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $13 403 582 569. Moving averages indicate the presence of a short-term downward trend for Ripple. At the moment, we should expect an attempt to raise the digital asset rate and test the resistance level near the 0.3215 area. Further, the continued fall of the cryptocurrency to the area below the level of 0.2365 as part of the development of the «Triangle» model. Ripple Forecast and…
Bitcoin Cash BCH/USD are trading at 341.33 and continue to move as part of the growth. Cryptocurrency capitalization at the time of the publication of the forecast is $6 033 566 883. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. As part of the cryptocurrency rate forecast for August 8, 2019, one should expect an attempt to decrease and test the support level near the 325.00 area. Where again we should expect a rebound and continued growth of the digital asset Bitcoin Cash with a potential target above the level of 390.00. Bitcoin Cash Forecast…
Stock index Dow Jones continue to move as part of the decline. At the time of the publication of the forecast, the index is trading at 25647. Moving averages indicate a downward trend. At the moment, we should expect an attempt to increase the index quotes and test the resistance level near the area of 26105. From where it is expected to rebound and continue to fall in the quotes of the Dow Jones stock index in the region below the level of 24275. Dow Jones Index Forecast and Analysis August 8, 2019 In favor of reducing the quotes of…
Currency pair Euro/Dollar EURUSD continues to move as part of the correction 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 1.1183. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1235. 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 1.0945. EUR/USD Forecast Euro Dollar August 7, 2019 An additional…