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 17.35. Where can we expect a rebound and a continued fall in the price of Silver with a target below the level of 15.65. XAG/USD Forecast Silver and Analysis November 20, 2019 In favor of falling…
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.
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 0.6405. At the moment, we should expect an attempt to fall and test the support level near the area of 0.6365. 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 pierced the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to depreciate the Dollar against the Franc and test the support area near the level of 0.9865. Then, a rebound and continued growth of the US…
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 63.69. 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 rate forecast for tomorrow November 20, 2019, we should expect an attempt to correct and test the resistance level near the area of 64.50 Rubles per US Dollar. Then, a rebound and…
BTC/USD are trading at 8126 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 $147 785 733 728. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, November 20, 2019, we should expect an attempt to grow a digital asset and test the resistance level near the area of 8305. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a target…
ETH/USD are trading at 174.92 and continue to move as part of the correction and the bearish channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $19 346 402 454. 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 181.05. Where again we should expect a rebound and a continuation of the Ethereum rate drop with a potential target above the level of 160.05. Ethereum Forecast and ETH/USD…
LTC/USD are trading at 55.23 and continue to move as part of a downward correction. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 595 112 292. Moving averages indicate the presence of a short-term flat trend in Litecoin. At the moment, we should expect an attempt to slightly fall and test the support level near the area of 52.45. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 71.35. Litecoin Forecast and LTC/USD Analysis November 20, 2019 In favor of the…
XRP/USD are trading at 0.2443 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 $10 830 475 370. 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 0.2615 area. Further, the continued fall of cryptocurrency to the area below the level of 0.1835. Ripple Forecast and XRP/USD…
BCH/USD are trading at 242.68 and continue to move as part of the correction and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 431 816 733. 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 20, 2019, one should expect an attempt to correct the value of the asset and test the support level near the area of 255.05. Where again we should expect a…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the beginning of the development of the «Head and Shoulders» reversal pattern. Moving averages indicate the presence of a short-term bearish trend for the pair. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1060. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.0995. 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 1.1325. EUR/USD Forecast Euro…