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 1868 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices push off from the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the fall already 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 a…
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.
Silver continue to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. At the time of the release of the forecast, Silver prices are at $ 24.22. Moving averages indicate a bearish trend. Prices broke down the area between the signal lines, 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 area…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and the ascending channel. 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 0.6874. At the moment, we should expect an attempt to continue the…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth 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 0.9141. Moving averages indicate a short-term bearish trend for the pair. Prices broke through the areas between the signal lines upward, 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 fall in…
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 76.71. Moving averages indicate a short-term sideways 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 13, 2020, we should expect an attempt to develop growth and…
BTC/USD are traded at 15710 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 $294,513,162,182. 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 asset’s value growth from the current levels. As part of the cryptocurrency rate forecast for tomorrow, November 13, 2020, we should expect an attempt to develop a downward correction in the value of…
Ethereum are traded at 456.75 and continue to move within the growth and ascending channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $51,875,568,572. 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 level near the 435.65 area. Where can…
LTC/USD are traded at 57.86 and continue to move within the correction and the ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $3,864,068,841. Moving averages indicate a short-term bullish trend for Litecoin. Prices are 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 correction in the value of a digital asset and a test of the support level near the 55.25 area. Where…
Stock index S&P 500 continue to move as part of the growth and the start of working out the “Triangle” model. At the time of the publication of the forecast, the index is trading at 3564. At the moment, we should expect an attempt to develop a correction and test the support level near the 3475 area. Where can we expect a rebound and a continued rise in the S&P 500 quotes to the area above the 3835 level. S&P 500 Forecast and Analysis November 13, 2020 An additional signal in favor of the growth of the stock index quotes…
Everything we know of today, including the forex market, had a genesis. And everything known of the forex market by an Australian broker has a plethora of facts not many know of. In this piece, you will get to learn a few of those facts. Some you might have a hint on, some, you might have never imagined. So want to uncover the mystery with us? Read on. Forex trading is an ancient activity A record known as the Talmud foreign currency attests that forex exchange is not a new activity. As a matter of fact, the business of money…