Bitcoin Cash ends the trading week at 206.55 and continues to move as part of the fall. Unfortunately, customers were unable to complete the formation of the inverted «Head and Shoulders» model. Moving averages indicate a bearish trend, which remains strong, as we see prices once again pushed from the area between the signal lines. As part of the forecast for the BCH/USD rate for the next trading week, we should expect an attempt to downward correction of the value of the digital asset and a test of the support area near the level of 195.05. Where again, 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.
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and formation of the inverted «Head and Shoulders» model. Moving averages indicate the presence of a short-term flat trend for the pair; prices have broken through the area between the signal lines, which indicates pressure from buyers. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1066. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.1025. Further, the rebound and continued growth of the Euro/Dollar currency pair. The potential target of this movement…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2936 Moving averages indicate the presence of a short-term bullish trend. At the moment, we should expect an attempt to develop the correction of the British Pound and a test of the support area near the level of 1.2855. Where again we should expect a rebound and the continuation of the rise in quotations of the British Pound currency pair against the US Dollar. The purpose…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the bullish channel. Moving averages indicate a short-term bullish trend. Prices broke through 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 0.6806. At the moment, we should expect an attempt to continue the decline and test the support area near the level of 0.6790. Further, the rebound and the beginning of the growth of quotations in the area above 0.6975. AUD/USD Forecast Australian…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the 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 108.61. Moving averages indicate a short-term bullish trend for the pair. As part of the Japanese Yen rate forecast for November 22, 2019, we should expect an attempt to grow and test the resistance area near the level of 109.05. Further, the rebound and continued fall of the pair USD/JPY…
Brent continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 61.13 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices were able to break through the area between the signal lines, which indicates pressure from sellers. At the moment, we should expect an attempt to correct and test the resistance level near the area of 62.05 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 54.95.…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and 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 1.3304. 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 1.3315. Further, the rebound and continued fall of the currency pair. The potential target of such a movement of the instrument on Forex quotes…
GOLD continue to move as part of the correction and the bearish channel. At the time of the publication of the forecast, the price of GOLD is 1468 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 1480. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1430. XAU/USD Forecast and GOLD analysis November 22, 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 17.04 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 17.40. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 16.35. XAG/USD Forecast Silver and Analysis November 22, 2019 In favor…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices again pushed from the area between the signal lines, indicating 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 0.6432. At the moment, we should expect an attempt to fall and test the support level near the area of 0.6395. Further, within the…