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 108.44. Moving averages indicate a short-term bullish trend for the pair. As part of the Japanese Yen rate forecast for November 21, 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…
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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.
Brent continue to move as part of the decline and the bearish channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 60.36 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 61.65 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 54.35.…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and 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 1.3304. Moving averages indicate a short-term bullish trend for the pair. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.3165. Further, the rebound and continued growth of the currency pair. The potential target of such a movement of the instrument on Forex…
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 1472 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 1420. XAU/USD Forecast and GOLD analysis November 21, 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 17.07 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 17.55. 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 21, 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 bullish channel. 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 0.6420. At the moment, we should expect an attempt to fall and test the support level near the area of 0.6385. Further, within the framework of the…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and formation of the «Triangle» model. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9915. Moving averages indicate the presence of a short-term lateral trend for the pair. Prices again broke through the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9955. Then, a rebound and continued…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and formation of the Klin model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.95. 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 21, 2019, we should expect an attempt to fall and test the support level near the area of 63.05 Rubles per US Dollar. Then, a rebound…
BTC/USD are trading at 8066 and continue to move as part of the decline and the bearish channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $147 811 257 881. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. As part of the cryptocurrency forecast for tomorrow, November 21, 2019, one should expect an attempt to grow a digital asset and test the resistance level near the area of 8245. 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 174.92 and continue to move as part of the decline and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $19 270 662 899. 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 178.05. Where again we should expect a rebound and a continued decline in the Ethereum rate with a potential target above the level of 163.05. Ethereum…