Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the upward channel. Moving averages indicate the presence of a short-term bullish trend for the pair. At the time of publication of the Forex forecast, the New Zealand Dollar/US Dollar rate is 0.6607. At the moment, we should expect an attempt to correct the pair and test the resistance level near the area of 0.6655. Further, as part of Forex forecast and analytics, an attempt is expected to continue the fall of the currency pair to the area below…
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 in the framework of the growth and the upward channel. At the time of publication of the FOREX forecast, the exchange rate of the US Dollar to Swiss Franc is 0.9902. Moving averages indicate a short-term bearish trend for the pair. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9870. Then, the rebound and the beginning of the growth of the US Dollar against the Swiss Franc with the goal above the level of 1.0005. USD/CHF Forecast Dollar Franc July 31,…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move in an upward correction and a downward channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.29. Moving averages indicate a bearish trend. As part of the forecast for the USD/RUB exchange rate for tomorrow, July 31, 2019, we should expect an attempt to grow and test the resistance level near 63.55 rubles per US Dollar. Then, a rebound and the continuation of the fall of the currency pair in the area below the level of 60.65. USD/RUB Forecast…
Bitcoin BTC/USD are traded at 9526 and continue to move as part of a decline and a downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $170 865 335 509. Moving averages indicate a bearish trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for tomorrow, July 31, 2019, we should expect an attempt to fall and a test of the support level near the 8600 area. 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 11450.…
Ethereum ETH/USD are trading at 206.83 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 $22 494 582 078. Moving averages indicate a short-term bearish trend on Ethereum. At the moment, we should expect an attempt to grow and test the resistance level near the 210.00 area. Where once again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential goal below the level of 125.00. Ethereum Forecast and ETH/USD Analysis July 31, 2019 An…
Litecoin LTC/USD are trading at 89.35 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $5 699 124 382. Moving averages indicate a short-term downward trend in Litecoin. At the moment, we should expect an attempt to rise and test the resistance level near the area of 98.30. Where can we expect a rebound again and the continuation of the fall of the Litecoin rate with a potential target below the level of 60.05. Litecoin Forecast and LTC/USD Analysis July 31, 2019 In favor of the growth of…
Ripple XRP/USD are trading at 0.3061 and continue to move as part of the upward correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $13 648 040 577. Moving averages indicate a short-term downward trend in Ripple. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.3215. Further, the continuation of the fall of cryptocurrency in the area below the level of 0.2390. Ripple Forecast and XRP/USD Analysis July 31, 2019 In favor of reducing the XRP/USD quotes, a…
Bitcoin Cash BCH/USD are trading at 311.99 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 $5 641 298 470. Moving averages indicate the presence of a short-term downward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for July 31, 2019, we should expect an attempt to continue growth and test the resistance level near the 315.00 area. Where can we again expect a rebound and the continuation of the fall of the digital asset Bitcoin Cash…
Stock index Dow Jones continue to move within the framework of the side correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the index is trading at 27046. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near the area of 27005. From where the rebound is expected and the continuation of the fall of the Dow Jones stock index quotes to the area below the level of 27515. Dow Jones Index Forecast and Analysis July 31, 2019 In favor of…
Currency pair Euro/Dollar EUR/USD continues to move as part of a decline and a downward channel. Moving averages indicate a short-term downward trend in the pair. At the time of the publication of the forecast, the Euro/Dollar exchange rate is 1.1122. At the moment, we should expect an attempt to grow and test the resistance area near the 1.1195 area. Further, the rebound and the beginning of the decline in the currency pair Euro/Dollar. A potential target of such a movement is the area below the level of 1.0095. EUR/USD Forecast Euro Dollar July 30, 2019 The downward resistance test…