Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the rise and the bullish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2774. Moving averages indicate a short-term bullish trend for the pair. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the growth of the price pair in the near future. At the moment, we should expect an attempt to develop a correction and a test of the support level…
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.
GOLD continue to move within the fall and the downtrend channel. At the time of the publication of the forecast, the price of GOLD is 1792 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices broke through the area between the signal lines downward, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop growth and test the resistance level near the 1805 area. Where can we expect a rebound down and the continued fall in the…
Silver continue to move within the fall and the downtrend channel. At the time of the forecast release, Silver prices are at 22.84. Moving averages indicate a bearish trend. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the fall in value from the current levels. At the moment, we should expect an attempt to develop a rise in the value of the metal and a test of the resistance level near the 23.15 area. Where can we expect a rebound down and the continuation…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the bearish channel. Moving averages indicate a short-term bearish trend for the pair. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall in the value of the instrument already from the current levels. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6821. At the moment, we should…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the bullish channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9184. Moving averages indicate a short-term bullish trend for the pair. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the asset’s price growth from the current levels. At the moment, we should expect an attempt to continue the development of the depreciation of the US Dollar against the Swiss Franc…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 74.43. Moving averages indicate a short-term bullish trend. Prices moved up from the area between the signal lines, which indicates pressure from buyers of the US currency and a potential continuation of the growth of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for December 1, 2021, we should expect an attempt to develop…
BTC/USD are trading at 57921 and continue to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $1,112,785,523,351. Moving averages indicate a short-term sideways trend in Bitcoin. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of “Digital Gold” and a potential continuation of the fall in the value of the asset from the current levels. As part of the cryptocurrency rate forecast for tomorrow, December 1, 2021, we should…
Ethereum are trading at 4587 and continue to move as part of the growth and left the descending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $559,052,216,359. Moving averages indicate a short-term bullish trend for Ethereum. Prices went up from the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the asset value already from current levels. At the moment, we should expect an attempt to develop a bearish correction in the value of the coin and a test of the support…
XRP/USD are trading at 1.0006 and continue to move as part of a correction and a bearish channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $ 48,414,221,046. Moving averages indicate a short-term bearish trend for Ripple. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the XRP rate decline in the market already from current levels. At the moment, we should expect an attempt to develop asset growth and test the resistance level near the 1.0485 area. Further, a…
Stock index S&P 500 continue to move as part of the fall and the development of the “Head and Shoulders” reversal pattern. Moving averages indicate a short-term bearish trend. Prices broke down the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the fall of the stock index in the market from the current levels. At the time of the publication of the forecast, the index is trading at the level of 4609. At the moment, we should expect an attempt to develop growth and test the resistance level near…