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 1.2694. 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
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 1782 Dollars per Troy Oz. Moving averages indicate a short-term bullish 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 framework of a strong fall and a downward channel. At the time of the forecast release, Silver prices are at 23.47. 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 the growth in the value of the metal and a test of the resistance level near the area of 23.95. Where can we expect a…
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 are again testing the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the growth 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 0.6877. At the moment, we should expect…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth 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 0.9357. 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 growth 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 75.11. 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 November 25, 2021, we should expect an attempt to develop…
BTC/USD are traded at 55907 and continue to move as part of the correction and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $1,076,762,170,267. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have broken through the area between the signal lines downward, which indicates pressure from the sellers of ”Digital Gold” and a potential continuation of the fall in the value of the asset already from the current levels. As part of the cryptocurrency rate forecast for tomorrow, November 25, 2021, we should expect an attempt to develop a growth…
Ethereum are trading at 4189 and continue to move within the fall and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $506,212,689,527. Moving averages indicate a short-term bearish trend for Ethereum. Prices went down from the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a correction in the value of the coin and a test of the resistance level near…
XRP/USD are trading at 1.0124 and continue to move as part of the fall and bearish channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $48,722,988,069. Moving averages indicate a short-term bearish trend for Ripple. Prices broke down the area between the signal lines, which indicates pressure from the sellers of the asset and the potential continuation of the XRP rate decline in the market already from the current levels. At the moment, we should expect an attempt to develop asset growth and test the resistance level near the 1.0655 area. Further, a rebound downward…
Stock index S&P 500 continue to move within the correction and the bullish channel. Moving averages indicate a short-term bullish trend. Prices broke down the area between the signal lines, which indicates pressure from the sellers of the asset and the 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 4662. At the moment, we should expect an attempt to develop a small correction and test the support level near the 4650 area. Where can we expect a rebound…