GOLD is completing the trading week near the 1808 area. XAU/USD quotes continue to move within the correction and the ascending channel. Moving averages indicate a bullish trend for GOLD. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the upward trend. At the moment, we should expect an attempt to develop a price decline and test the support level near the 1795 area. Further, the GOLD price will continue to rise with a potential target above the level of 2035. GOLD Price Forecast and Analysis November 30 —…
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.
Quotes of the New Zealand Dollar to US Dollar NZD/USD against the US Dollar NZD/USD end the trading week near the 0.7019 area. Moving averages indicate a bullish trend for the pair. Prices went up the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to grow the currency pair on Forex and test the resistance area near the level of 0.7075. Then, a rebound and continuation of the fall of the currency pair with a potential…
Currency pair USD/CHF Dollar/Franc ends the trading week near the level of 0.9067. The pair continues to move within the fall and the downtrend channel. Moving averages indicate a downtrend. The prices went down from the area between the signal lines, which indicates strong pressure from the sellers of the American currency and the potential continuation of the fall of the instrument. At the moment, we should expect an attempt to correct prices and test the support area near the level of 0.8955. Further, a rebound and an attempt to continue the rise of the pair with a potential target…
Bitcoin BTC/USD ends the trading week at 16845 and continues to move as part of the correction and the rising channel. Moving averages indicate a bullish trend. Prices went up from the area between the signal lines, which indicates pressure from the buyers of the asset and the potential continued growth of the asset’s quotes. At the moment, we should expect an attempt to develop a correction and test the support area near the level of 15305. Where can we expect a rebound and continued growth in the Bitcoin rate with a potential target above the level of 23175. Bitcoin…
Ethereum ETH/USD ends the trading week at 509.80 and continues to move within the correction and the upward channel. Moving averages indicate a bullish trend for ETH/USD. Prices went up from the area between the signal lines, which indicates pressure from cryptocurrency buyers and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a slight downward correction and a test of the support level near the 465.05 area. Where can we expect a rebound again and continued growth in the rate and value of Ethereum with a potential target above…
XRP/USD end the trading week at the level of 0.5312 and continue to move within the correction and the ascending channel. Moving averages indicate a bullish trend. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the growth of the cryptocurrency from the current levels. At the moment, we should expect an attempt to develop a correction and a test of the support area near 0.3985. Where can we expect a rebound again and a continued rise in the cryptocurrency to the area above the level of 0.8845. XRP…
Litecoin LTC/USD ends the trading week at 68.00 and continues to move as part of the correction after a strong growth and the start of the “Triangle” pattern. Moving averages indicate a bullish trend. Prices moved up from the area between the signal lines. This indicates pressure from buyers of the digital asset and the potential continued growth of the Litecoin rate in the current trading week. At the moment, we should expect an attempt to develop a correction and a test of the support area near the level of 63.55. Where can we expect a rebound again and an…
Bitcoin Cash ends the trading week at 264.30 and continues to move as part of the correction and the formation of the “Triangle” pattern. Moving averages indicate a bearish trend. However, prices have broken the area between the signal lines upwards, which indicates pressure from buyers of the coin and potential continued growth. As part of the BCH/USD rate forecast for the next trading week, we should expect an attempt to fall in the value of a digital asset and a test of the support area near the level of 235.05. From where a rebound is expected again and an…
Silver ends the trading week near the 23.23 area. Quotes continue to move within the correction and ascending channel. Moving averages indicate a bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the metal and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop an asset value correction and a test of the support level near the 21.45 area. Further, the continued growth in the price of Silver with a potential target above the level of 29.85. Silver…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of the downward “Wolfe Wave” pattern on higher timeframes. Moving averages indicate a short-term bullish trend for the pair. Prices are again bouncing upward from the area between the signal lines, 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 1.1896. As you can see, after a strong fear, the bulls were able to seize the initiative. As part of the…