Currency pair Dollar Franc USD/CHF continues to move in the framework of the decline and the downward channel. At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9914. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.9965. Then, a rebound and the continuation of the fall of the US dollar against the Swiss Franc with the goal below the level of 0.9765. In favor of the fall of…
Author: forex24pro
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US dollar to the Russian ruble is 64.47. Moving averages indicate a downward trend. As part of the forecast for the USD/RUB exchange rate for tomorrow, June 12, 2019, we should expect an attempt to reduce and test the support level near 64.40 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 7790 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 $138 926 135 307. Moving averages indicate the presence of an upward trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for June 12, 2019, we should expect an attempt to decline and a test of the support level near the 7525 region. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target…
Ethereum ETH/USD are trading at 238.84 and continue to move as part of the correction and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $25 749 012 026. Moving averages indicate the presence of a short-term upward trend in Ethereum. At the moment, we should expect an attempt to decrease and test the lower boundary of the ascending channel near area 235. Where again we should expect a rebound and continued growth of the rate of Ethereum with a potential target above level 310. Ethereum Forecast and ETH/USD Analysis June 12, 2019 An…
Litecoin LTC/USD traded at 126.69 and continue to move within the growth and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 927 451 818. Moving averages indicate the presence of an upward trend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the 120.05 area. Where can we expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 140.05. Litecoin Forecast and LTC/USD Analysis June 12, 2019 The test of the support line on the…
Ripple XRP/USD are trading at 0.3859 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 $16 503 965 708. Moving averages indicate a short-term bullish trend on Ripple. At the moment, we should expect an attempt to fall and a test of the support level near the area of 0.3815. Further, the continuation of cryptocurrency growth in the region above the level of 0.5155. Ripple Forecast and XRP/USD Analysis June 12, 2019 In favor of the growth of XRP/USD quotes, a…
Bitcoin Cash BCH/USD are trading at 382.00 and continue to move as part of the correction and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $6 848 947 042. Moving averages indicate the presence of a short-term upward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for June 12, 2019, we should expect an attempt to continue the decline and a test of the support level near the 325.00 area. Where can we again expect a rebound and continued growth of the digital asset Bitcoin Cash with a potential…
Stock index Dow Jones continue to move through strong growth and a bearish channel. At the time of the publication of the forecast, the index is trading at 26193. Moving averages indicate a bearish trend. At the moment, we should expect a fall and a test of the support level near the area of 25715. Where should we expect a rebound and the continuation of the rise of the Dow Jones stock index quotes to the area above the level of 27450. Dow Jones Index Forecast and Analysis June 12, 2019 In favor of the growth of quotations of the…
Currency pair Euro/Dollar EUR/USD continues to move as part of a bullish correction. Moving averages indicate the presence of a short-term upward trend for the pair. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1307. At the moment, we should expect an attempt to continue growth and test the upper boundary of the channel near the area of 1.1345. Further, the rebound and the continuation of the decline in the currency pair Euro/Dollar. The potential target of such a movement is the area below the level 1.1165. EUR/USD Forecast Euro Dollar June 11, 2019 The…
Currency pair Pound/Dollar GBP/USD continues to move in the upward correction and the bearish channel. At the time of publication of the forecast, the pound to the US Dollar is 1.2664. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.2815. Where once again we should expect a rebound and the continuation of the decline of the pound against the dollar. The target of the downward movement of the currency pair, in the FOREX forecast for June 11, 2019, is the area at…