Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and formation of the downward wave «Wolfe Wave». 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 0.6722. At the moment, we should expect an attempt to grow the pair and test the resistance level near the area of 0.6755. Further, in the framework of Forex forecast and analytics, an attempt to continue the fall of the currency pair to…
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 a slight growth and the formation of a reversal pattern of an inverted «Head and Shoulders». At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9840. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9805. Then, rebound and the beginning of the growth of the US Dollar against the Swiss Franc with the goal above the…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of a decline and a downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 62.70. Moving averages indicate a bearish trend. As part of the forecast for the USD/RUB exchange rate for tomorrow, July 17, 2019, we can expect an attempt to grow and test the support level near the area of 62.45 Rubles per US Dollar. Then, the rebound and the continued growth of the currency pair in the region above the level of…
Bitcoin BTC/USD are trading at 10698 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 $187 112 945 152. Moving averages indicate the presence of an upward trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for July 17, 2019, we should expect an attempt to decline and a test of the support level near the area of 10255. Where should we expect a rebound again and an attempt to continue the growth of the Bitcoin rate with a…
Ethereum ETH/USD are trading at 224.62 and continue to move as part of a decline and a downward channel. Cryptocurrency capitalization at the time of publication of the forecast is $23 423 098 506. Moving averages indicate a short-term bearish trend in Ethereum. At the moment, we should expect an attempt to continue growth and test the upper boundary of the downward channel near the area of 260.00. Where once again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential target below the level of 135.00. Ethereum Forecast and ETH/USD…
Litecoin LTC/USD are trading at 89.23 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $5 502 900 542. 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 107.25. Where can we expect a rebound again and the continuation of the fall of the Litecoin course with a potential target below the level of 55.00. Litecoin Forecast and LTC/USD Analysis July 17, 2019 In favor of the growth of…
Ripple XRP/USD are trading at 0.3076 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $13 192 095 676. Moving averages indicate a short-term bearish trend in Ripple. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.3605. Further, the continuation of the fall of cryptocurrency in the region below the level of 0.2365. Ripple Forecast and XRP/USD Analysis July 17, 2019 In favor of reducing the XRP/USD quotes, a test of the downward trend line on the…
Bitcoin Cash BCH/USD are trading at 306.68 and continue to move as part of the decline. Cryptocurrency capitalization at the time of the publication of the forecast is $5 314 041 795. Moving averages indicate the presence of a short-term downward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for July 17, 2019, we should expect an attempt to continue the rise and a resistance level test near the 340.00 area. Where can we expect a rebound again and the continuation of the fall of Bitcoin Cash digital asset with a potential target below the level…
Stock index Dow Jones continue to move within the growth and the upward channel. At the time of the publication of the forecast, the index is trading at level 27329. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near the area of 27010. Where is the rebound expected from and continued growth of the Dow Jones stock index in the area above the level of 27685. Dow Jones Index Forecast and Analysis July 17, 2019 In favor of the rise of quotations of the stock index July 17,…
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 side trend for the pair. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1266. At the moment, we should expect an attempt to continue growth 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 goal of such a movement and working out the «Head and Shoulders» reversal pattern is the area below the level of 1.1035.…