Silver continue to move within the correction and the downward channel. At the time of the release of the forecast, Silver prices are at $ 23.81. Moving averages indicate a bearish trend. Prices are again 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 24.05 area. Where can we expect a rebound…
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.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the rising channel. Moving averages indicate a short-term bearish trend for the pair. Prices have broken through testing the area between the signal lines downward, which indicates pressure from the sellers of the currency pair and the potential continuation of the fall 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 0.6591. At the moment, we should expect an attempt to continue the…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth and the upward ascending channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9183. Moving averages indicate a short-term bullish trend for the pair. Prices have gone up again 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 to develop a fall in the US Dollar against the Swiss…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and the ascending channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 80.64. Moving averages indicate a short-term sideways trend. Prices have broken the area between the signal lines upward, 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 USD exchange rate forecast for November 3, 2020, we should expect an attempt to develop a correction…
BTC/USD are traded at 13554 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 $ 248,002,510,846. 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, October 30, 2020, we should expect an attempt to develop a downward correction in the value of…
Ethereum are trading at 387.36 and continue to move as part of the correction and the formation of the “Triangle” pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $ 43,301,261,110. Moving averages indicate a short-term bullish trend for Ethereum. Prices are testing 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 at a bearish correction in the value of the coin and a test of the…
LTC/USD are traded at 54.34 and continue to move within the correction and the ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $ 3,540,143,193. Moving averages indicate a short-term bullish trend for Litecoin. Prices are testing the area between the signal lines again, 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 50.75…
XRP/USD are trading at 0.2349 and continue to move within the fall and the downtrend channel. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $ 10,683,381,515. Moving averages indicate a short-term bearish trend for Ripple. Prices have broken down between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the XRP rate decline in the market already from current levels. At the moment, we should expect an attempt to develop a bullish correction of a digital asset and a test of the resistance level near the 0.2435…
Stock index S&P 500 continue to move within the fall and the downtrend channel. At the time of the publication of the forecast, the index is trading at 3269. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance level near the 3315 area. Where can we expect a rebound and the continuation of the fall in the S&P 500 quotes to the area below the level of 3115. S&P 500 Forecast and Analysis November 3, 2020 An additional signal in favor of falling stock index quotes will be a test…
Currency pair Euro Dollar EUR/USD ends the trading week near the 1.1644 area. The pair continues to move within the fall. Moving averages indicate a bullish trend for the pair. Prices returned to the test of the area between the signal lines again, which indicates pressure from buyers of the European currency and the likely continuation of growth from the current levels. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 1.1830. Where is the rebound and the continuation of the fall of the Euro/Dollar expected. The potential target…