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 1.3044. 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 fall of the price pair in the near future. At the moment, we should expect an attempt to develop a fall and 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.
GOLD continue to move as part of the fall and the beginning of the “Triangle” pattern. 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 1840 area. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1750. XAU/USD Forecast and GOLD analysis November 25, 2020 An additional signal in favor of reducing the XAU/USD quotes will be…
Silver continue to move within the fall and the descending channel. At the time of publication of the forecast, Silver prices are at $ 23.25. 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 of 24.45. Where can we expect a rebound and…
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 0.6968. 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 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 0.9128. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, 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 of…
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 75.97. 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 25, 2020, we should expect an attempt to develop growth and…
BTC/USD are traded at 19003 and continue to move within the growth and ascending channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $ 355,256,101,779. 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 25, 2020, we should expect an attempt to develop a downward correction in the value of…
Ethereum are traded at the level of 599.02 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 $ 68,250,002,323. 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…
LTC/USD are trading at 87.74 and continue to move as part of the growth and the ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 5,872,521,100. Moving averages indicate a short-term bullish trend for Litecoin. Prices went up from 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…
XRP/USD are trading at 0.6117 and continue to move within the correction and the upward channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $ 30,384,432,903. Moving averages indicate a short-term bullish trend for Ripple. Prices have broken up between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise in the XRP rate in the market already from current levels. At the moment, we should expect an attempt to develop a downward correction of a digital asset and a test of the support level near the…