Currency pair Dollar Franc USD/CHF continues to move as part of the decline and the 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 0.9916. Moving averages indicate the presence of a short-term bearish trend for the pair. However, prices were again able to break through the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to develop a bullish correction of the dollar against the Franc and a test of the resistance area…
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/Russian Ruble USD/RUB continues to move as part of the fall 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 63.41. 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 rate forecast for tomorrow November 6, 2019, we should expect an attempt to correct and test the resistance level near the area of 63.60 Rubles per US Dollar. Then, a rebound and…
BTC/USD are trading at 9266 and continue to move as part of the correction. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $168 655 279 417. 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 6, 2019, we should expect an attempt to drop a digital asset and test the support level near the area of 8825. Where again we should expect a rebound and an attempt to…
ETH/USD are trading at 185.76 and continue to move as part of the correction and the downward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $20 572 700 697. Moving averages indicate the presence of a short-term lateral trend for Ethereum, but prices are above the level of signal lines, which indicates pressure from the bulls. At the moment, we should expect an attempt to reduce the value of the digital asset and test the support level near the area of 172.55. Where again we should expect a rebound and continued growth of the…
LTC/USD are trading at 59.40 and continue to move as part of the growth. and beyond the downward channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $4 027 276 983. Moving averages indicate the presence of a short-term bearish trend in Litecoin, which is nearing completion. At the moment, we should expect an attempt to reduce and test the support level near the area of 56.45. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 77.45. Litecoin Forecast and…
XRP/USD are trading at 0.2972 and continue to move as part of the growth. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $13 025 837 883. Moving averages indicate the presence of a short-term bullish trend in Ripple, which is still strong, as we see, prices could push from the level between the signal lines. At the moment, we should expect an attempt to correct the digital asset and a test of the support level near the 0.2820 area. Further, the continued growth of cryptocurrency in the region above the level of…
BCH/USD are trading at 289.69 and continue to move as part of the growth. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 345 795 151. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash, prices are above the level of signal lines, which indicates pressure from the bulls. As part of the cryptocurrency forecast for November 6, 2019, one should expect an attempt to correct the value of the asset and test the support level near the area of 270.05. Where again we should expect a rebound and continued…
Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the upward channel. Moving averages indicate a short-term bullish trend for the pair, prices were able to push off the signal lines, which indicates strong pressure from buyers. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1161. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.1065. 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 1.1335.…
Currency pair Pound/Dollar GBP/USD continues to move as part of growth and the bullish channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2919. 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 1.2765. 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 movement…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the growth. Moving averages indicate a short-term bullish trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6907. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 0.6925. Further, the rebound and the beginning of the fall of quotations in the area below 0.6780. AUD/USD Forecast Australian Dollar November 5, 2019 An additional signal in favor of the fall of the AUD/USD pair will be a…