BCH/USD are trading at 234.14 and continue to move as part of the decline. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 313 244 928. 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 22, 2019, one should expect an attempt to correct the asset value and test the resistance level near the area of 245.05. Where again we should expect a rebound and continued decline in the…
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 Euro/Dollar EUR/USD continues to move as part of the growth and bullish channel. Moving averages indicate a short-term bearish trend for the pair, which is nearing completion. As you can see, the sliding ones are about to intersect. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1066. At the moment, we should expect an attempt to reduce and test the support level near the 1.1010 area. 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 1.1235. EUR/USD Forecast…
Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2897. 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 1.2805. 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 of the upward…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the bullish channel. Moving averages indicate a short-term bullish trend. Prices pierced the area between the signal lines, indicating pressure from sellers. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6811. At the moment, we should expect an attempt to continue to decline and test the support area near the level of 0.6780. Further, the rebound and the beginning of the growth of quotations to the area above 0.6955. AUD/USD Forecast Australian Dollar November…
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…
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…