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 rate of the US Dollar to the Swiss Franc is 0.9915. Moving averages indicate the presence of a short-term upward trend for the pair. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9885. Then, rebound and the beginning of the growth of the US Dollar against the Swiss Franc with the goal above the level of 1.0055. USD/CHF Forecast Dollar Franc…
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 US Dollar/Russian Ruble USD/RUB continues to move in an upward correction 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 63.66. Moving averages indicate a bearish trend. As part of the forecast for the USD/RUB exchange rate for tomorrow, July 9, 2019, we should expect an attempt to grow and test the resistance level near the area of 63.75 rubles for the US dollar. Then, a rebound and the continuation of the fall of the currency pair in the area below the…
Bitcoin BTC/USD are trading at 11893 and continue to move as part of the growth and formation of the «Head and Shoulders» reversal pattern. Cryptocurrency capitalization at the time of the publication of the forecast is $211 867 011 163. Moving averages indicate the presence of an upward trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for July 9, 2019, we should expect an attempt to decline and a test of the support level near the area of 11520. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate…
Ethereum ETH/USD are trading at 305.61 and continue to move as part of the correction and the bullish channel. Cryptocurrency capitalization at the time of publication of the forecast is $32 850 620 417. Moving averages indicate a short-term bullish trend in Ethereum. At the moment, we should expect an attempt to continue the fall and test the lower boundary of the ascending channel near the area of 295.00. Where can we again expect a rebound and continuation of the growth rate of Ethereum with a potential target above the level of 365.00. Ethereum Forecast and ETH/USD Analysis July 9,…
Litecoin LTC/USD traded at 119.31 and continue to move within the correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 528 316 029. Moving averages indicate the presence of a short-term upward trend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the 115.05 area. Where can we expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 155.00. Litecoin Forecast and LTC/USD Analysis July 9, 2019 In favor of the growth of LTC/USD…
Ripple XRP/USD are trading at 0.3941 and continue to move as part of the decline and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $16 905 655 480. Moving averages indicate a short-term downward trend in Ripple. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.3825. Further, the continuation of cryptocurrency growth in the region above the level of 0.4855. Ripple Forecast and XRP/USD Analysis July 9, 2019 In favor of lifting XRP/USD quotes, a test of the rising trend line on…
Stock index Dow Jones continue to move in the correction and the upward channel. At the time of the publication of the forecast, the index is trading at 26823. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near the area of 26605. Where is the rebound expected from and continued growth of the Dow Jones stock index in the area above the level of 27485. Dow Jones Index Forecast and Analysis July 9, 2019 In favor of the rise of quotations of the stock index July 9, 2019…
Currency pair Euro Dollar EUR/USD completes the trading week near the 1.1260 area. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 1.1405. Where is expected to rebound and the continuation of the fall of the euro dollar. The potential target of the decline is the area below the level of 1.0665. EUR/USD Forecast and Analysis July 8 — 12, 2019 In favor of the fall of the EUR/USD currency pair…
BRENT crude oil close the trading week near the area of $ 63.64 per barrel. And it continues to move within the correction. Moving averages indicate a downward trend. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 65.45. Then continued the fall of oil in the area below the level of 50.15 dollars per barrel. BRENT oil Forecast and Analysis July 8 — 12, 2019 An additional signal in favor of reducing the quotations of oil this week will be the test of the resistance line on the…
Currency pair Pound Dollar GBP/USD ends the trading week near the 1.2541 area. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. At this point, we should expect an attempt to continue the correction and test the resistance area near the level of 1.2705. Further, the beginning of the fall of the Pound Dollar quotes to the region below the level of 1.2005. GBP/USD Forecast and Analysis July 8 — 12, 2019 In favor of the fall of the British Pound will test the downward trend line on the indicator of…