Brent continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 61.59 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices continue to push from the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to correct and test the support level near the area of 60.55 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 68.45. Brent Crude Oil Forecast and…
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 US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3253. 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 1.3195. Further, the rebound and continued growth of the currency pair. The potential target of such a movement of the instrument on Forex quotes is the area above the level…
GOLD continue to move as part of the bullish correction and the beginning of the development of the «Triangle» model. At the time of the publication of the forecast, the price of GOLD is 1463 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 1470. 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 14, 2019 An…
Silver continue to move as part of the correction and the development of the «Triangle» model. At the time of the publication of the forecast, the price of Silver is 16.91 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 17.40. 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 14, 2019 In…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the upward correction and the upward channel. Moving averages indicate the presence of a short-term sideways trend for the pair. Prices again rose above 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 0.6333. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6410. Further, within the framework of the forecast and…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the bearish channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9906. Moving averages indicate a short-term bullish trend for the pair. Prices continue to remain above the area between the signal lines, indicating pressure from buyers. At the moment, we should expect an attempt to depreciate the Dollar against the Franc and test the support area near the level of 0.9885. Then, a rebound and continued growth of the US Dollar against…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the decline 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 64.37. Moving averages indicate the presence of a short-term downtrend, prices continue to push off from signal lines, which indicates pressure from sellers. However, an area between the signal lines is already being tested, which may trigger a drop already from current levels. As part of the USD/RUB forecast for tomorrow November 14, 2019, we should expect an attempt to correct…
BTC/USD are trading at 8735 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 $158 727 142 463. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, November 14, 2019, one should expect an attempt to grow a digital asset and test the resistance level near the area of 9055. 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 184.86 and continue to move as part of the correction and formation of the «Triangle» model, which indicates the presence of uncertainty. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $20 323 861 796. Moving averages indicate the presence of a short-term bullish trend for Ethereum. At the moment, we should expect an attempt to reduce the value of the coin and test the support level near the area of 182.55. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the…
LTC/USD are trading at 60.26 and continue to move as part of the correction. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $3 896 334 603. Moving averages indicate the presence of a short-term bullish trend in Litecoin. At the moment, we should expect an attempt at a slight correction and a test of the support level near the area of 57.05. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 75.05. Litecoin Forecast and LTC/USD Analysis November 14, 2019 In favor…