Author: forex24pro

Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the formation of an inverted “Head and Shoulders” reversal pattern. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9128. 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 asset value from the current levels. At the moment, we should expect an attempt to develop a depreciation of…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 75.97. Moving averages indicate a short-term bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the US currency and a potential continued growth of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for November 25, 2020, we should expect an attempt to develop growth and…

BTC/USD are traded at 19003 and continue to move within the growth and ascending channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 355,256,101,779. Moving averages indicate a short-term bullish trend for Bitcoin. Prices went up from the area between the lines, which indicates pressure from buyers of Digital Gold and a potential continuation of the growth of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, November 25, 2020, we should expect an attempt to develop a downward correction in the value of…

Ethereum are traded at the level of 599.02 and continue to move as part of the growth and the ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $ 68,250,002,323. Moving averages indicate a short-term bullish trend for Ethereum. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the asset’s value growth from the current levels. At the moment, we should expect an attempt at a bearish correction in the value of the coin and a test of the support…

LTC/USD are trading at 87.74 and continue to move as part of the growth and the ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 5,872,521,100. Moving averages indicate a short-term bullish trend for Litecoin. Prices went up from 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 correction in the value of a digital asset and a test of the support level near…

XRP/USD are trading at 0.6117 and continue to move within the correction and the upward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $ 30,384,432,903. Moving averages indicate a short-term bullish trend for Ripple. Prices have broken up between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise in the XRP rate in the market already from current levels. At the moment, we should expect an attempt to develop a downward correction of a digital asset and a test of the support level near the…

Stock index S&P 500 continue to move as part of the correction and the formation of the “Triangle” model. At the time of the publication of the forecast, the index is trading at 3601. At the moment, we should expect an attempt to develop a correction and test the support level near the 3565 area. Where can we expect a rebound and a continued rise in the S&P 500 quotes to the area above the 3845 level. S&P 500 Forecast and Analysis November 25, 2020 An additional signal in favor of the growth of the stock index quotes will be…

Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the formation of the downward pattern “Wolfe Wave”. Moving averages indicate a short-term bullish trend for the pair. Prices are again pushing back from the area between the signal lines upward, which indicates pressure from buyers of the European currency and a potential continuation of growth from the current levels. At the time of the publication of the forecast, the Euro / US dollar rate is 1.1902. As part of the Forex forecast for November 24, 2020, we should expect an attempt at a bullish correction and…

Currency pair Pound/Dollar GBP/USD continues to move in the framework of aggressive growth and the beginning of the development of the bearish ”Wolfe Wave” pattern. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3358. Moving averages indicate a short-term bullish trend. Prices pushed up from the area between the signal lines, which indicates pressure from buyers of the currency pair and the potential continued growth of the instrument. At the moment, we should expect an attempt at a bullish correction of the British Pound against the US…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the formation of the “Triangle” model. Moving averages indicate a short-term bullish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument’s value from the current levels. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7330. At the moment, we should expect an attempt to develop growth and test the…