Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 103.96. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the US Dollar and a potential continuation of the price decline from the current levels. As part of the forecast for the Japanese Yen…
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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 a downward correction and an upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 47.26 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are again testing 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 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 a “Double Bottom” reversal pattern. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2992. 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 a fall and a test of…
GOLD continue to move within the fall and the downward channel. At the time of the publication of the forecast, the price of GOLD is 1776 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices went down 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 area of 1810. Where can we expect a rebound and the continuation of…
Silver continue to move within the fall and the descending channel. At the time of the forecast release, Silver prices are at $ 22.17. Moving averages indicate a bearish trend. Prices are testing 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 22.85 area. Where can we expect a rebound and the continuation…
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 broke the area between the signal lines upwards, 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 0.7018. At the moment, we should expect an attempt to continue the development…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the formation of an inverted “Head and Shoulders” reversal pattern. As you can see, the price has reached the level of the formation of the right “Shoulder” of the model. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9031. Moving averages indicate a short-term bearish trend for the pair. Prices went down from the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and the beginning of the development of the bullish “Wolfe Wave” pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 76.21. 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 December 1, 2020, we…
BTC/USD are trading at the level of 18663 and continue to move within a good growth and an upward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $345,348,163,800. 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, December 1, 2020, we should expect an attempt to develop a correction in…
Ethereum are trading at 586.00 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 $66,673,747,795. 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 growth of the asset value from the current levels. At the moment, we should expect an attempt to correct the value of the coin and test the support level near the area of 565.05. Where…