Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6669 area. Moving averages indicate a downward trend in the pair. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.6765. Then, the currency pair will continue to fall with a potential target below the level of 0.6235. NZD/USD Forecast and Analysis July 15 — 19, 2019 In favor of the fall of the currency pair NZD/USD test will perform a downward resistance line on the indicator of relative strength. The second signal…
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 completes the trading week near the level of 0.9858. The pair continues to move within the correction and the ascending channel. Moving averages indicate a lateral trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9755. Further, the rebound and the attempt to grow a pair with a potential target above the level of 1.0325. USD/CHF Forecast and Analysis July 15 — 19, 2019 The test of the support line on the relative strength indicator will be in favor of the rise of the dollar…
Bitcoin BTC/USD ends the trading week at 11644 and continues to move as part of the correction and the upward channel. Moving averages indicate a bullish trend. An important area of support is located near the level of 9450. At the moment, we should expect an attempt to correct and test the area of support near the level of 10650. Where can we expect a rebound again and an attempt to continue the growth of the Bitcoin rate with a potential target above the level of 15550. Bitcoin Forecast and Analysis July 15 — 19, 2019 In the current trading…
Ethereum ETH/USD ends the trading week at 273.92 and continues to move within the correction and the ascending channel. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to fall and support the test level near the area of 235.00. Where can we expect a rebound again and the continuation of the growth rate of Ethereum with a potential target above the level of 425.00. Ethereum Forecast and Analysis July 15 — 19, 2019 A test of the upward support line on the relative strength indicator will be in favor of lifting the ETH/USD quotes…
Ripple XRP/USD close the trading week at 0.3401 and continue to move in line with the decline. Moving averages indicate a lateral trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.3685. Where once again we should expect a rebound and the continuation of the fall of cryptocurrency in the region below the level of 0.1945. Ripple Forecast and Analysis July 15 — 19, 2019 In favor of lowering XRP/USD quotes in the current trading week of July 15 — 19, 2019, a test of a broken trend line…
Litecoin LTC/USD ends the trading week at 104.43 and continues to move as part of the fall. Moving averages indicate a bullish trend. At the moment, we can expect an attempt to continue the decline and test the support area near the level of 115.05. Where can we expect a rebound again and an attempt to continue the decline of Litecoin with a potential target below the level of 50.00. Litecoin Forecast and Analysis July 15 — 19, 2019 An additional signal in favor of falling LTC/USD quotes in the current trading week of July 15 — 19, 2019 will…
Bitcoin Cash ends the trading week at 350.38 and continues to move as part of the fall and the upward channel. Moving averages indicate a bullish trend. As part of the BCH/USD exchange rate forecast for the next trading week, we can expect an attempt at a correction and a test of the support area near the level of 375.00. From where again, a rebound is expected and an attempt to continue to reduce Bitcoin Cash with a potential target below the level of 145.00. Bitcoin Cash Forecast and Analysis July 15 — 19, 2019 An additional signal in favor…
Currency pair Euro/Dollar EUR/USD continues to move in the upward correction and the downward channel. Moving averages indicate the presence of a short-term flat trend for the pair. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1255. At the moment, we should expect an attempt to continue the ascent and test the resistance area near the 1.1340 area. Further, the rebound and the beginning of the decline in the currency pair Euro/Dollar. The potential target of such a movement and working out the «Head and Shoulders» reversal pattern is the area below the level of…
Currency pair Pound/Dollar GBP/USD continues to move within the correction and the downward channel. At the time of the publication of the forecast, the pound rate to the US Dollar at FOREX is 1.2540. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to rise and test the resistance area near the level of 1.2595. Where again we should expect a rebound and the continuation of the 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 for…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the bullish correction and the bearish channel. Moving averages indicate a short-term downward trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar is 0.6979. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7005. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6840. AUD/USD Forecast Australian Dollar July 12, 2019 In favor of the fall of the…