Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the fall and the beginning of the development of the bearish Wolfe Wave pattern. Moving averages indicate a short-term bullish trend. 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 rise in the value of the instrument from the current levels. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7503. At the moment, we should expect an attempt…
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.
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 113.57. Moving averages indicate a short-term bullish trend for the pair. The prices have broken the area between the signal lines upwards, which indicates the pressure from the buyers of the US Dollar and the potential continuation of the rise in prices already from the current levels. As part of the forecast for the Japanese Yen rate…
Brent continue to move within the framework of the rise and the bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 84.92 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices went up from the area between the signal lines, which indicates pressure from buyers of ”Black Gold” and a potential continuation of the growth of the asset value 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 area of $…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the ”Triangle” model. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2405. 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 sellers and a potential continuation of the fall in the pair of prices in the near future. At the moment, we should expect an attempt to develop a correction and a test…
GOLD continue to move as part of the correction and the formation of a large ”Triangle” pattern. At the time of the publication of the forecast, the price of GOLD is 1794 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices are again testing the area between the signal lines, 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 1765 area. Where can we expect a rebound and a…
Silver continue to move within the correction and left the descending channel. Here, an inverted “Head and Shoulders” reversal pattern is formed, which, if the formation is completed, can send the price of the metal above the level of 28.00. At the time of the forecast release, Silver prices are at 23.92. Moving averages indicate a bullish trend. Prices are again testing 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…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the beginning of the development of the “Head and Shoulders” reversal pattern. 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 of the currency pair and a potential continuation of the rise in the value of the instrument 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…
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 0.9118. Moving averages indicate a short-term bearish trend for the pair. Prices broke through the area between the signal lines downward, which indicates pressure from sellers and a potential continuation of the fall in the asset value 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…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move through a strong correction and bullish downtrend channel. At the time of publication of the US Dollar exchange rate forecast of the Russian ruble is 71.59. Moving averages indicate a short-term bearish trend. Prices are again testing the area between the signal line, indicating that the pressure from the US currency sellers and the potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for the November 3, 2021 we can expect attempts of the price increase and test the…
BTC/USD are traded at 61567 and continue to move in the framework of the correction and formation of the model ”Triangle”. Capitalization of cryptocurrency Bitcoin at the time of publication of the forecast is $1,198,954,177,194. The moving averages indicate the presence of a short-term lateral trend on Bitcoin. Prices struck the area between the signal lines upwards, which indicates pressure from the “digital gold” buyers and the potential continuation of the increase in the cost of the asset is already from current levels. As part of the forecast of the cryptocurrency course, on November 3, 2021, it is worth an…