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 76.12. 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 American 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 12, 2020, we should expect an attempt to develop…
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.
BTC/USD are traded at 15239 and continue to move as part of the growth and the formation of another “Triangle” pattern. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 288,473,057,483. 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 12, 2020, we should expect an attempt to develop a…
Ethereum are traded at 460.43 and continue to move as part of the growth and the beginning of the development of the “Triangle” model. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $ 52,086,724,814. 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…
LTC/USD are traded at 59.23 and continue to move within the growth and ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 3,916,629,693. Moving averages indicate a short-term sideways trend in 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 57.05 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 3565. At the moment, we should expect an attempt to develop a correction and test the support level near the 3485 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 12, 2020 An additional signal in favor of the growth of the stock index quotes…
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the downward channel. Moving averages indicate a short-term bullish trend for the pair. However, prices broke through the area between the signal lines upwards, 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 1.1806. As part of the Forex forecast for November 11, 2020, we should expect an attempt at a bullish correction and a test of the resistance level near the 1.1845…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and the formation 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 1.3238. Moving averages indicate a short-term bullish trend. Prices broke the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument. At the moment, we should expect an attempt at a bullish correction of the British Pound against the US Dollar and a…
Currency pair Australian Dollar to US Dollar AUD/USD short-term bullish trend. Prices have broken the area between the signal lines upwards, 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 forecast, the rate of the Australian Dollar to the US Dollar is 0.7255. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 0.7295. Further, the rebound and the continuation of the fall in…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the framework of strong growth and a downward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 105.35. Moving averages indicate a short-term bearish trend for the pair. Prices broke up the area between the signal lines, which indicates pressure from the US Dollar buyers and a potential continuation of the rise in prices from the current levels. As part of the forecast for the Japanese Yen rate for November 11, 2020, we…
Brent continue to move in line with the growth and left the descending channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 42.72 per barrel. Moving averages indicate a short-term bearish trend for oil. However, prices have broken through the area between the signal lines up, 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 level…