GOLD continue to move as part of the decline and the downward channel. At the time of the publication of the forecast, the price of GOLD is 1456 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 26, 2019 An additional signal in favor of reducing the…
Author: forex24pro
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 16.88 Dollars. Moving averages indicate a downward trend. At the moment, we should expect an attempt to develop the growth in the value of the metal and a test of the resistance level near the area of 17.10. Where can we expect a rebound and a continued fall in the price of Silver with a target below the level of 15.55. XAG/USD Forecast Silver and Analysis November 26, 2019 In favor of falling…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the formation of the «Triangle» model. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are testing the area between the signal lines, indicating a potential rebound from current levels up. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6401. At the moment, we should expect an attempt to fall and test the support level near the area of 0.6385.…
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 0.9979. 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 1.0010. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9765. USD/CHF Forecast Dollar Franc…
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 63.96. 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 26, 2019, we should expect an attempt to fall and test the support level near the area of 63.65 Rubles per US Dollar. Then, a rebound…
BTC/USD are trading at 7161 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 $129 472 762 557. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, November 26, 2019, we should expect an attempt to drop the value of a digital asset and test the support level near the 6900 area. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with…
ETH/USD are trading at 145.61 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 $15 987 961 472. 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 130.05. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above 201.55. Ethereum Forecast and ETH/USD Analysis…
LTC/USD are trading at 45.33 and continue to move as part of the decline and formation of the «Expanding Formation» model. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 946 645 251. Moving averages indicate the presence of a short-term downward trend in Litecoin. At the moment, we should expect an attempt to slightly fall and test the support level near the area of 42.80. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 70.05. Litecoin Forecast and LTC/USD Analysis November…
XRP/USD are trading at 0.2160 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 $9 539 632 728. 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 test the resistance level near the 0.2325 area. Further, the continued fall of cryptocurrency to the area below the level of 0.1555. Ripple Forecast and XRP/USD Analysis November…
BCH/USD are trading at 208.62 and continue to move as part of the decline and the bearish channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 823 593 003. Moving averages indicate the presence of a short-term bearish trend for Bitcoin Cash. Prices fell far from the signal lines, indicating pressure from the bears. As part of the cryptocurrency rate forecast for November 26, 2019, one should expect an attempt to correct the asset value and test the resistance level near the area of 225.05. Where again we should expect a rebound and…