Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6567 area. Moving averages indicate a bearish trend in the pair. As you can see, the quotes could not break through the area between the moving averages, which indicates the pressure from the sellers and the strength of the current trend. At the moment, we should expect an attempt to correct and test the resistance area near the level of 0.6645. Then, the currency pair will continue to fall with a potential target below the level of 0.6195. NZD/USD Forecast and Analysis June 24…
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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 0.9821. The pair continues to move within the correction and the bullish channel. Moving averages indicate a bullish trend. However, the quotes broke through the sliding area, which indicates strong pressure from sellers. At the moment, we should expect an attempt to continue the correction and test the support area near the level of 0.9745. Further, the rebound and attempt to grow a pair with a potential goal above the level of 1.0075. USD/CHF Forecast and Analysis June 24 — 28, 2019 The test of the support line…
Bitcoin BTC/USD ends the trading week at the level of 9705 and continues to move in the framework of strong growth and the ascending channel. Moving averages indicate a bullish trend. An important area of support is located near the level of 7750. At the moment, we should expect an attempt to correct and test the area of support near the level of 8155. Where can we expect a rebound again and an attempt to continue the growth of Bitcoin with a potential target above the level of 11650. Bitcoin Forecast and Analysis June 24 — 28, 2019 In the…
Ethereum ETH/USD ends the trading week at 284.75 and continues to move as part of the growth and 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 375.00. Ethereum Forecast and Analysis June 24 — 28, 2019 In favor of the rise of ETH/USD quotes on the current trading week of June 24 — 28, 2019, a…
Ripple XRP/USD close the trading week at 0.4352 and continue to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate an uptrend. At the moment, we should expect an attempt to fall and a test of the support level near the area of 0.3865. Where once again we should expect a rebound and continued growth of cryptocurrency in the region above the level of 0.5815. Ripple Forecast and Analysis June 24 — 28, 2019 In favor of the rise of XRP/USD quotes in the current trading week on June 24 — 28, 2019,…
Litecoin LTC/USD ends the trading week at 136.04 and continues to move in the framework of strong growth and the bullish channel. Moving averages indicate a bullish trend. The potential for continuing the climb is maintained. At the moment, we should expect an attempt to reduce and test the support area near the level of 115.55. Where can we expect a rebound again and an attempt to continue growth on Litecoin with a potential target above the level of 205.00. Litecoin Forecast and Analysis June 24 — 28, 2019 An additional signal in favor of the growth of LTC/USD quotes…
Bitcoin Cash ends the trading week at 422.28 and continues to move through the growth and the upward channel. Moving averages indicate an uptrend. 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 the growth of Bitcoin Cash with a potential target above the level of 645.00. Bitcoin Cash Forecast and Analysis June 24 — 28, 2019 An additional signal in favor of raising…
Currency pair Euro/Dollar EUR/USD continues to move as part of a strong 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 1.1281. At the moment, we should expect an attempt to continue growth and test the upper boundary of the downward channel near the area of 1.1315. 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 of 1.1095. EUR/USD Forecast Euro Dollar June 21,…
Currency pair Pound/Dollar GBP/USD continues to move in the upward correction and the descending channel. At the time of the publication of the forecast, the pound to dollar rate is 1.2690. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 1.2715. 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 21, 2019, is the area…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the 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 rate is 0.6915. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6955. Further, the rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6745. AUD/USD Forecast Australian Dollar June 21, 2019 In favor of the fall of the pair AUD/USD will…