Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 109.43. The pair continues to move in the framework of growth and a downward channel. Moving averages indicate a bearish trend, but prices have pierced the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to reduce and test the support level near the area of 107.95. Then the rebound and continued growth of the pair in the region above the level of 114.05. USD/JPY Forecast and Analysis November 11 — 15, 2019…
Author: forex24pro
GOLD completes the trading week near the area of 1457. Quotes XAU/USD continue to move as part of the fall and the rising channel. Moving averages indicate a bullish trend for GOLD, prices returned to the area between the signal lines, indicating a probable upward rebound. At the moment, we should expect an attempt to correct prices and test the resistance level near the area of 1500. Further, the continuation of the fall in the price of GOLD with a potential target below the level of 1345. GOLD Price Forecast and Analysis November 11 — 15, 2019 An additional signal…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the area of 0.6330. Moving averages indicate a downward trend in the pair. At the moment, we should expect an attempt to continue the development of the correction and test the resistance area near the level of 0.6435. Then the continuation of the fall of the currency pair with a potential target below the level of 0.6075. NZD/USD Forecast and Analysis November 11 — 15, 2019 In favor of the fall of the NZD/USD currency pair, a test of the downward resistance line on the…
Currency pair USD/CHF Dollar/Franc closes the trading week near the level of 0.9967. The pair continues to move in the framework of growth and the bullish channel. Moving averages indicate a lateral trend. However, prices are above the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to reduce and test the support area near the level of 0.9825. Further, a rebound and an attempt to grow the pair with a potential target above the level of 1.0295. USD/CHF Forecast and Analysis November 11 — 15, 2019 In favor of the rise of the…
Bitcoin BTC/USD ends the trading week at 8972 and continues to move as part of the correction and the downward channel. Moving averages indicate a bullish trend, prices continue to push off the signal lines, indicating bullish pressure. At the moment, we should expect an attempt to continue to decline and test the support area near the level of 8165. Where again we should expect a rebound and continued growth of the Bitcoin rate with a potential target above the level of 12565. Bitcoin Forecast and Analysis November 11 — 15, 2019 In favor of raising BTC/USD quotes in the…
Ethereum ETH/USD closes the trading week at 181.44 and continues to move as part of the correction and the downward channel. Moving averages indicate a bearish trend for ETH/USD. At the moment, we should expect an attempt to continue growth and test the resistance level near the area of 185.05. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below the level of 125.05. Ethereum Forecast and Analysis November 11 — 15, 2019 An additional signal in favor of reducing the ETH/USD quotes for the current trading week November 11…
Ripple XRP/USD end the trading week at 0.2738 and continue to move as part of the correction and the bearish channel. Moving averages indicate a bearish trend, continue to be repelled by signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to continue the development of the correction and test the resistance area near 0.3160. Where again we should expect a rebound and continued fall of the cryptocurrency to the area below the level of 0.1545. Ripple Forecast and Analysis November 11 — 15, 2019 In favor of the fall in XRP/USD quotes in the…
Litecoin LTC/USD ends the trading week at 59.70 and continues to move as part of an upward correction and a downward channel. Moving averages indicate a bearish trend, which remains quite strong. Prices will make a start from signal lines. At the moment, we should expect an attempt to fall and test the support area near the level of 42.45. Where again we should expect a rebound and an attempt to start Litecoin growth with a potential target above the level of 96.65. Litecoin Forecast and Analysis November 11 — 15, 2019 An additional signal in favor of the growth…
Bitcoin Cash ends the trading week at 284.58 and continues to move as part of the correction and the downward channel. Moving averages indicate the presence of a bearish trend, which remains strong, as we see prices repel from the area between the signal lines. As part of the forecast for the BCH/USD rate for the next trading week, we should expect an attempt to reduce the value of the digital asset and test the support area near the level of 250.05. Where is the rebound expected again and an attempt to continue the growth of Bitcoin Cash with a…
BTC/USD are trading at 9180 and continue to move as part of the correction. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $166 576 190 359. Moving averages indicate the presence of a short-term upward trend in Bitcoin, prices are above the level of signal lines, which indicates pressure from the bulls. As part of the cryptocurrency rate forecast for tomorrow, November 8, 2019, we should expect an attempt to drop the digital asset and test the support level near the area of 8855. Where again we should expect a rebound and an attempt to…