Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue 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 Japanese Yen is 114.17. Moving averages indicate a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upward, which indicates pressure from the buyers of the US Dollar and a potential continuation of the rise in prices from the current levels. As part of the forecast for the Japanese Yen rate for November…
Author: forex24pro
Brent continue to move in the framework of the rise and the downtrend channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 81.75 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices are again testing the area between the signal lines, which indicates pressure from sellers of “Black Gold” and a potential continuation of the fall in the value of the asset already from the current levels. At the moment, we should expect an attempt to develop a correction and a test of the support level near the…
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 1.2598. 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…
GOLD continue to move as part of the growth and the bullish channel. At the time of the publication of the forecast, the price of GOLD is 1862 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a decline and test the support level near the 1830 area. Where can we expect a rebound and a continued rise in the…
Silver continue to move as part of the rise and the bullish channel. At the time of the forecast release, Silver prices are at 24.96. Moving averages indicate a bullish trend. Prices broke through the area between the signal lines upward, which indicates pressure from the buyers of the asset and a potential continuation of the rise in value already from the current levels. At the moment, we should expect an attempt to develop a decrease in the value of the metal and a test of the support level near the area of 24.55. Where can we expect a rebound…
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 0.7000. At the moment, we should expect…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction 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 0.9270. 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 fall and the beginning of the development of the bearish ”Wolfe Wave” pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 72.76. 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 19,…
BTC/USD are trading at 59485 and continue to move as part of the correction and the bullish channel. There are risks of formation of the “Head and Shoulders” reversal pattern. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 1,113,235,054,178. Moving averages indicate a short-term bullish 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…
Ethereum are trading at 4172 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 $490,749,781,161. Moving averages indicate a short-term bearish trend for Ethereum. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the rise in the asset value from the current levels. At the moment, we should expect an attempt to develop a rise in the value of the coin and a test of the resistance level near the 4425…