The pair Canadian Dollar to US Dollar USD/CAD ends the trading week near the level of 1.3301. The pair continues to move within the framework of growth. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall. At the moment, we should expect an attempt to develop a bearish correction and a test of the support level near the 1.3035 area. Then, the continued growth of quotations with a target above the level of 1.3755. USD/CAD Forecast and…
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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.
Quotes of the pair USD/JPY US Dollar to Japanese Yen end the trading week near the 104.47 area. The pair continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. Prices moved down from the area between the signal lines, which indicates pressure from the US dollar sellers and a potential continuation of the fall. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the 103.55 area. Then, a rebound and continued growth of the pair to the area above the level…
GOLD is completing the trading week near the 1883 area. XAU/USD quotes continue to move within the correction and the ascending channel. Moving averages indicate a bullish trend for Gold. Prices are 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 1835 area. Further, the GOLD price will continue to rise with a potential target above the level of 2115. GOLD Price Forecast and Analysis November 2 — 6,…
Quotes of the New Zealand Dollar to US Dollar NZD/USD end the trading week near the 0.6652 area. Moving averages indicate a bullish trend for the pair. Prices are testing the areas 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 0.6725. Then, a rebound and continuation of the fall of the currency pair with a potential target below the level of…
Currency pair USD/CHF Dollar/Franc ends the trading week near the level of 0.9152. The pair continues to move within the correction and the downward channel. Moving averages indicate a downtrend. Prices are testing the area between the signal lines, which indicates strong pressure from the sellers of the American currency and a potential continuation of the fall of the instrument. At the moment, we should expect an attempt to increase prices and test the resistance area near the level of 0.9225. Further, a rebound and an attempt to continue the fall of the pair with a potential target below the…
Bitcoin BTC/USD ends the trading week at 13306 and continues to move within the growth and upward 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 growth and test the resistance area near the level of 11455. Where can we expect a rebound and continued growth in the Bitcoin exchange rate with a potential target above the level of 16335. Bitcoin Forecast and Analysis…
Ethereum ETH/USD completes the trading week at 378.27 and continues to move within the growth and 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 340.05 area. Where can we expect a rebound again and continued growth in the rate and value of Ethereum with a potential target above the…
XRP/USD end the trading week at 0.2343 and continue to move as part of the correction and the formation of the “Head and Shoulders” pattern. Moving averages indicate a bullish trend. Prices are again testing 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 0.1805. Where can we expect a rebound again and a continued rise in the cryptocurrency to the area above the…
Litecoin LTC/USD completes the trading week at 52.92 and continues to move as part of the correction and the formation of the “Triangle” pattern. Moving averages indicate a bearish trend. However, prices broke through the area between the signal lines upwards. 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 46.05. Where can we expect a rebound again and an attempt to increase…
Bitcoin Cash ends the trading week at 256.77 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 through the area between the signal lines upward, which indicates pressure from buyers of the coin and potential continued growth. As part of the BCH/USD 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 205.05. From where a rebound is expected again and an…