Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the area of 0.6783. The pair continues to move within the upward correction and the bearish channel. Moving averages indicate a bearish trend, prices again pushed from the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to continue the development of growth and test the resistance area near the level of 0.6875. Then, the continuation of the fall of AUD/USD with a potential target below the level of 0.6355. AUD/USD Forecast and Analysis November 25 — 29, 2019…
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.
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3286. The pair continues to move within the correction and the upward channel. Moving averages indicate a flat trend. Prices rose above the level of signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3105. Then continued growth of quotations with a target above the level of 1.3755. USD/CAD Forecast and Analysis November 25 — 29, 2019 In favor of the rise of the USD/CAD currency pair,…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 108.49. The pair continues to move within the correction and the bearish channel. Moving averages indicate the presence of a bearish trend, prices again pushed off the signal lines, which indicates pressure from sellers. At the moment, we should expect an attempt to grow and test the resistance level near the area of 109.05. Then a rebound and continued fall of the pair to the area below the level of 104.45. USD/JPY Forecast and Analysis November 25 — 29, 2019 In favor…
GOLD completes the trading week near the area of 1472. Quotes XAU/USD continue to move as part of the decline. Moving averages indicate a bullish trend for GOLD, prices returned to the area between the signal lines, indicating a likely continuation of growth. At the moment, we should expect an attempt to correct prices and test the resistance level near the area of 1485. Further, the continuation of the fall in the price of GOLD with a potential target below the level of 1345. GOLD Price Forecast and Analysis November 25 — 29, 2019 An additional signal in favor of…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of 0.6415. Moving averages indicate a bearish trend in the pair. At the moment, we should expect an attempt to continue the development of the upward correction and test the resistance area near the level of 0.6485. Then, the continuation of the fall of the currency pair with a potential target below the level of 06025. NZD/USD Forecast and Analysis November 25 — 29, 2019 In favor of the fall of the NZD/USD currency pair, a test of the downward resistance line on…
Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9936. The pair continues to move in the framework of growth and the bullish channel. Moving averages indicate a flat trend. However, prices are above the signal lines, which indicates pressure from the bulls. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9805. Further, a rebound and an attempt to grow the pair with a potential target above the level of 1.0335. USD/CHF Forecast and Analysis November 25 — 29, 2019 In favor of the rise of…
Bitcoin BTC/USD ends the trading week at 7121 and continues to move as part of the correction and the downward channel. Moving averages indicate a bullish trend, prices have broken through the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to continue the fall and test the support area near the level of 6650. Where again we should expect a rebound and continued growth of the Bitcoin rate with a potential target above the level of 12650. Bitcoin Forecast and Analysis November 25 — 29, 2019 In favor of raising BTC/USD…
Ethereum ETH/USD closes the trading week at 147.20 and continues to move as part of the fall and the bearish channel. Moving averages indicate a bearish trend for ETH/USD. At the moment, we should expect an attempt to continue the fall and test the support level near the area of 125.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 280.05. Ethereum Forecast and Analysis November 25 — 29, 2019 An additional signal in favor of raising the ETH/USD quotes for the current trading week November 25…
Ripple XRP/USD complete the trading week at 0.2302 and continue to move as part of the correction and the bearish channel. Moving averages indicate a bearish trend, continue to be repelled by signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to continue the development of the fall and test the support area near 0.1905. Where again we should expect a rebound and continued growth of the cryptocurrency in the region above the level of 0.3825. Ripple Forecast and Analysis November 25 — 29, 2019 In favor of the growth of XRP/USD quotes in the…
Litecoin LTC/USD ends the trading week at 46.43 and continues to move as part of the decline and the downward channel. Moving averages indicate a bearish trend, which remains quite strong, prices again pushed from the area between the signal lines. At the moment, we should expect an attempt to fall and test the support area near the level of 38.05. Where again we should expect a rebound and an attempt to start Litecoin growth with a potential target above the level of 85.05. Litecoin Forecast and Analysis November 25 — 29, 2019 An additional signal in favor of the…