Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the decline and the formation of the bullish «Wolfe Wave» pattern. Moving averages indicate a short-term bearish trend. Prices are far from the area between the signal lines, indicating pressure from the bears. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6782. At the moment, we should expect an attempt to continue to decline and test the support area near the level of 0.6735. Further, the rebound and the beginning of the growth of quotations to the…
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 currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.13. Moving averages indicate a short-term bullish trend for the pair; prices are above the level of signal lines, which indicates pressure from buyers. As part of the forecast of the Japanese yen on November 28, 2019, we should expect an attempt to grow and test the resistance area near the…
Brent continue to move as part of a slight growth and a bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 63.55 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices were able to break through the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to reduce and test the support level near the area of 69.05 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 55.95.…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the beginning of the formation of the inverted «Head and Shoulders» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3263. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.3305. Further, the rebound and continued fall of the currency pair. The potential target of such a movement of the…
GOLD continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the price of GOLD is 1457 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1475. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1405. XAU/USD Forecast and GOLD analysis November 28, 2019 An additional signal in favor of reducing the…
Silver continue to move as part of the correction and the bearish channel. At the time of the publication of the forecast, the price of Silver is 17.00 Dollars. Moving averages indicate a downward trend. At the moment, we should expect an attempt to develop a growth in the value of the metal and a test of the resistance level near the area of 17.15. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 15.75. XAG/USD Forecast Silver and Analysis November 28, 2019 In favor…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction of growth and the formation of the «Triangle» model. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are above the area between the signal lines, which indicates pressure from buyers. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6424. At the moment, we should expect an attempt to fall and test the support level near the area of 0.6395. Further,…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the bullish channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9976. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 1.0005. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9765. USD/CHF Forecast Dollar Franc November 28,…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and formation of the «Wedge» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.93. Moving averages indicate the presence of a short-term downtrend, prices continue to push off from signal lines, which indicates pressure from sellers of the American currency. As part of the USD/RUB forecast for tomorrow November 28, 2019, we should expect an attempt to grow and test the resistance level near the area of 63.95 Rubles per US Dollar.…
BTC/USD are trading at 7089 and continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $131 648 757 755. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, November 28, 2019, we should expect an attempt to drop the value of the digital asset and test the support level near the area of 6885. Where again we should expect a rebound and an attempt to continue…