Currency pair Euro/Dollar EUR/USD continues to move as part of the reduction and development of the «Double Top» 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 1.1003. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.1045. Further, the rebound and continued fall of the Euro/Dollar currency pair. The potential target of this movement is the area below the level of 1.0945. EUR/USD Forecast Euro Dollar November 14, 2019 An…
Author: forex24pro
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 1.2832. 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 1.2675. 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 formation of the «Head and Shoulders» model. Moving averages indicate a short-term bullish trend. Prices are testing the area between the signal lines, which indicates a probable upward rebound from the current levels. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6824. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.6905. Further, the rebound and the beginning of the fall of quotations…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and formation of the Wedge model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.35. Moving averages indicate a short-term bullish trend for the pair, prices again push off from the area between the signal lines, which indicates pressure from buyers. As part of the forecast for the Japanese Yen on November 14, 2019, we should expect an attempt to grow and test the resistance area near the…
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…
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…