Currency pair Dollar Franc USD/CHF continues to move as part of the correction and formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9902. Moving averages indicate the presence of a short-term lateral trend for the pair. At the moment, we should expect an attempt to increase the US Dollar against the Franc and test the resistance area near the level of 0.9940. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential…
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 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 63.71. Moving averages indicate the presence of a short-term downtrend, prices continue to push off from signal lines, which indicates pressure from the bears. As part of the USD/RUB forecast for tomorrow, November 22, 2019, we should expect an attempt to fall and test the support level near the area of 63.45 Rubles per US Dollar. Then, a rebound…
BTC/USD are trading at 7855 and continue to move as part of the decline and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $143 716 202 140. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, November 22, 2019, one should expect an attempt to grow a digital asset and test the resistance level near the 8275 area. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a target below…
ETH/USD are trading at 166.37 and continue to move as part of the decline and the downward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $18 535 359 726. Moving averages indicate the presence of a short-term bearish trend for Ethereum. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 171.35. Where again we should expect a rebound and a continued decline in the Ethereum rate with a potential target above 155.05. Ethereum Forecast and ETH/USD Analysis November 22,…
LTC/USD are trading at 51.32 and continue to move as part of a strong fall. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 371 108 274. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to increase slightly and test the resistance level near the area of 54.05. Where again we should expect a rebound and continued decline in the rate of Litecoin with a potential target below the level of 44.85. Litecoin Forecast and LTC/USD Analysis November 22, 2019 In favor of…
XRP/USD are trading at 0.2401 and continue to move as part of the decline. Ripple cryptocurrency capitalization at the time of the publication of the forecast is $10 715 741 477. Moving averages indicate the presence of a short-term downward trend for Ripple. Prices are below the signal line area, which indicates pressure from sellers. At the moment, we should expect an attempt to grow a digital asset and a test of the resistance level near the 0.2555 area. Further, the continued fall of cryptocurrency to the area below the level of 0.2060. Ripple Forecast and XRP/USD Analysis November 22,…
BCH/USD are trading at 234.14 and continue to move as part of the decline. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 313 244 928. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices fell far from the signal lines, indicating pressure from the bears. As part of the cryptocurrency rate forecast for November 22, 2019, one should expect an attempt to correct the asset value and test the resistance level near the area of 245.05. Where again we should expect a rebound and continued decline in the…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and bullish channel. Moving averages indicate a short-term bearish trend for the pair, which is nearing completion. As you can see, the sliding ones are about to intersect. 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 1.1010 area. Further, the rebound and continued growth of the Euro/Dollar currency pair. The potential target of this movement is the area above the level of 1.1235. EUR/USD Forecast…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2897. Moving averages indicate 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 1.2805. 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 target of the upward…
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 pierced the area between the signal lines, indicating pressure from sellers. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6811. At the moment, we should expect an attempt to continue to decline and test the support area near the level of 0.6780. Further, the rebound and the beginning of the growth of quotations to the area above 0.6955. AUD/USD Forecast Australian Dollar November…