Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall and the ascending channel, and an inverted “Head and Shoulders” pattern is also forming here. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 103.71. Moving averages indicate a short-term bearish trend for the pair. Prices broke the area between the signal lines downward, which indicates pressure from the sellers of the US Dollar and a potential continuation of the fall in prices already from the current levels. As part…
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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.
Brent continue to move within the growth and upward channel and the formation of the “Triangle” pattern. At the time of the publication of the forecast, the price of Brent crude oil is $ 45.47 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices moved up from the area between the signal lines, which indicates pressure from buyers of “Black Gold” and a potential continuation of the rise 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…
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 1.3047. Moving averages indicate a short-term bearish trend for the pair. Prices are bouncing from the area between the signal lines, which indicates pressure from sellers and a potential continuation of the price pair’s fall in the near future. At the moment, we should expect an attempt to develop growth and test the resistance level near the…
GOLD continue to move as part of the correction and the formation of the “Triangle” pattern. At the time of the publication of the forecast, the price of GOLD is 1865 Dollars per Troy Oz. Moving averages indicate the presence of a short-term bearish trend. Prices are repelled 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 bullish correction and test the resistance level near the 1875 area. Where can we expect…
Silver continue to move within the fall and the descending channel. At the time of the publication of the forecast, Silver prices are at $ 23.95. Moving averages indicate a bearish trend. Prices have broken up the area between the signal lines down, 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 a bullish correction in the value of the metal and a test of the resistance level near the 25.25 area. 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 growth and formation of the “Wedge” model. Moving averages indicate a short-term bullish trend for the pair. Prices have broken the area between the signal lines up, which indicates pressure from buyers of the currency pair and a potential continuation of the rise in the value of the instrument. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6960. At the moment, we should expect an attempt to…
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 0.9082. Moving averages indicate a short-term bearish trend for the pair. However, prices broke through the areas 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 develop a depreciation…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall and the downward channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 75.91. 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 24, 2020, we should expect an attempt to develop growth and test…
BTC/USD are trading at 18599 and continue to move as part of the growth and the ascending channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 344,845,875,810. 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 24, 2020, we should expect an attempt to develop a downward correction in…
Ethereum are trading at 588.75 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 $ 67,264,706,412. 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 price 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 level near the…