Author: forex24pro

Silver continue to move within the correction and the bullish channel. At the time of the forecast release, Silver prices are at 24.79. Moving averages indicate a bullish trend. Prices are again bouncing upward from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise in value 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 24.05 area. Where can we expect a rebound and a continued…

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 0.7008. 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 0.9293. The ”Triangle” model is also formed here. 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…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the completion of the formation 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 73.35. 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 23,…

BTC/USD are traded at 57308 and continue to move as part of the correction and the downward channel. The ”Triangle” model is also formed here. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $1,087,933,850,457. 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 23,…

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 $499,132,577,405. 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 test the resistance level near the 4295…

XRP/USD are trading at 1.0401 and continue to move within the correction and bearish channel. The ”Triangle” model is also formed here. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $49,431,304,222. 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…

Stock index S&P 500 continue to move within the framework of the rise and the bullish channel. Moving averages indicate a short-term bullish trend. Prices broke up the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continuation of the rise of the stock exchange 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 4707. At the moment, we should expect an attempt to develop a small correction and test the support level near the 4665…

LTC/USD are traded at 214.69 and continue to move within the fall and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $14,928,402,840. Moving averages indicate a short-term bearish trend for Litecoin. 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 from the current levels. At the moment, we should expect an attempt to develop a rise in the value of a digital asset and a test of the resistance level near the…

DOGE/USD are trading at 0.2227 and continue to move as part of the correction and the formation of the bullish “Wolfe Wave”. Moving averages indicate a short-term bearish trend for Dogecoin. Prices have broken down the area between the signal lines, indicating pressure from sellers At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the support level near the 0.2105 area. Whence we should again expect a rebound and continued growth in the Dogecoin rate with a potential target above the level of 0.2855. Dogecoin Forecast…