XRP/USD are trading at 0.2222 and continue to move as part of the decline. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $9 867 791 522. Moving averages indicate the presence of a short-term downward trend for Ripple. Prices are below the signal line area, indicating bearish pressure. At the moment, we should expect an attempt to grow a digital asset and a test of the resistance level near the 0.2335 area. Further, the continued fall of cryptocurrency to the area below the level of 0.1645. Ripple Forecast and XRP/USD Analysis November…
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.
BCH/USD are trading at 217.55 and continue to move as part of the correction and the bearish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 006 506 184. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash. Prices are still far from the signal lines, bear pressure remains. As part of the cryptocurrency forecast for November 29, 2019, we should expect an attempt to reduce the value of the asset and test the support level near the 195.05 area. Where again we should expect a rebound and continued…
Currency pair Euro/Dollar EUR/USD continues to move as part of the decline and the rising channel. Here the «Double Bottom» reversal pattern is formed. Moving averages indicate a short-term bearish trend for the pair, prices pushed from the area between the signal lines, indicating pressure from the sellers of the Euro. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1014. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.0990. Further, the rebound and continued growth of the Euro/Dollar currency pair. The potential target of…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2879. 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 1.2795. 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…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the decline and the formation of the bullish «Wolfe Wave» pattern. Moving averages indicate a short-term bearish trend. Prices are far from 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 0.6782. At the moment, we should expect an attempt to continue to decline and test the support area near the level of 0.6735. Further, the rebound and the beginning of the growth of quotations to the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and 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 109.13. Moving averages indicate a short-term bullish trend for the pair; prices are above the level of signal lines, which indicates pressure from buyers. As part of the forecast of the Japanese yen on November 28, 2019, we should expect an attempt to grow and test the resistance area near the…
Brent continue to move as part of a slight growth and a bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 63.55 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 69.05 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 55.95.…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall 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 1.3263. 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 1.3305. Further, the rebound and continued fall of the currency pair. The potential target of such a movement of the…
GOLD continue to move as part of the correction and the downward channel. 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 1475. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1405. XAU/USD Forecast and GOLD analysis November 28, 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 17.00 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 17.15. 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 28, 2019 In favor…