Brent continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 62.67 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 61.25 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 68.45. Brent Crude…
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 to Canadian Dollar USD/CAD continues to move as part of the growth 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 1.3295. Moving averages indicate a short-term bullish trend for the pair. Prices pushed off the level of signal lines, which indicates pressure from buyers. 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…
GOLD continue to move as part of the correction. 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 1465. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1425. XAU/USD Forecast and GOLD analysis November 29, 2019 An additional signal in favor of reducing the XAU/USD quotes will be…
Silver continue to move as part of the correction. At the time of the publication of the forecast, the price of Silver is 16.96 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 17.05. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 16.05. XAG/USD Forecast Silver and Analysis November 29, 2019 In favor of falling quotes and…
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 0.6426. At the moment, we should expect an attempt to fall and test the support level near the area of 0.6400. Further,…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth and upward channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9982. 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 0.9895. USD/CHF Forecast Dollar Franc November 29, 2019…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 64.04. Moving averages indicate a short-term downtrend, but prices have broken through the signal line area, which indicates pressure from buyers of the American currency. As part of the USD/RUB forecast for tomorrow, November 29, 2019, we should expect an attempt to grow and test the resistance level near the area of 64.20 Rubles per US Dollar. Then, a rebound and…
BTC/USD are trading at 7461 and continue to move as part of the growth and the beginning of the development of the «Head and Shoulders» reversal pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $136 564 503 487. Moving averages indicate the presence of a short-term bullish 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 7050. Where again we should expect a rebound and an…
ETH/USD are trading at 148.85 and continue to move as part of the decline and the bearish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $16 651 601 782. Moving averages indicate the presence of a short-term bearish trend for Ethereum. At the moment, we should expect an attempt to drop the value of the coin and test the support level near the area of 142.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 205.05. Ethereum Forecast…
LTC/USD are trading at 46.41 and continue to move as part of the correction and formation of the «Expanding Formation» model. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 059 697 090. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to fall slightly and test the support level near the 42.55 area. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 71.15. Litecoin Forecast and LTC/USD Analysis November 29,…