Author: 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.

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of growth and a bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 108.41. Moving averages indicate the presence of a short-term bullish trend for the pair, prices returned to the area between the signal lines, which indicates a potential rebound and growth of the pair. As part of the forecast for the Japanese yen on November 5, 2019, we should expect an attempt to reduce and test the support…

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Brent continue to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 62.56 per barrel. Moving averages indicate a short-term flat oil trend. However, prices broke through the area of ​​signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to correct and test the support level near the area of ​​60.05 dollars per barrel. Further, the continued growth of the oil rate in the region above the level of 68.70. Brent Crude Oil Forecast and analysis…

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Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3148. Moving averages indicate the presence of a short-term bearish trend for the pair. At the moment, we should expect an attempt to continue the fall and test the support level near the area of ​​1.3125. Further, the rebound and continued growth of the currency pair. The potential target of such a movement of the instrument on Forex quotes…

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GOLD continue to move as part of a slight growth and a bearish channel. At the time of the publication of the forecast, the price of GOLD is 1512 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to reduce and test the support level near the area of ​​1495. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1570. XAU/USD Forecast and GOLD analysis November 5, 2019 In favor of the rise in XAU/USD quotes, a test…

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Silver continue to move as part of the growth and upward channel. At the time of the publication of the forecast, the price of Silver is 18.12 Dollars. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to develop a decrease in the cost of metal and a test of the support level near the area of ​​17.75. Where can we expect a rebound and continued growth in the price of Silver with a target above the level of 19.95. XAG/USD Forecast Silver and Analysis November 5, 2019 In favor of the growth of quotes…

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Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and formation of the «Wedge» model. Moving averages indicate a short-term bullish trend for the pair, prices have gone far from the signal lines, which indicates 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 0.6430. At the moment, we should expect an attempt to grow and test the resistance level near the area of ​​0.6475. Further, as part of the Forex forecast and…

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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 0.9879. Moving averages indicate the presence of a short-term bearish trend for the pair. However, prices broke through the area between the signal lines, indicating strong pressure from sellers. At the moment, we should expect an attempt to develop the correction of the Dollar against the Franc and test the resistance area near the level of 0.9920. Then, a…

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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 63.73. 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 forecast for tomorrow November 5, 2019, we should expect an attempt to correct and test the resistance level near the area of ​​63.70 Rubles per US Dollar. Then, the rebound and continued…

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BTC/USD are trading at 9244 and continue to move as part of the correction. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $166 807 436 606. 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 buyers. As part of the cryptocurrency rate forecast for tomorrow, November 5, 2019, we should expect an attempt to drop a digital asset and test the support level near the area of ​​8775. Where again we should expect a rebound and an attempt to continue…

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ETH/USD are trading at 182.99 and continue to move as part of the correction and the bearish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $20 090 574 256. Moving averages indicate the presence of a short-term flat trend for Ethereum, however, prices are located above the level of signal lines, which indicates pressure from buyers. 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 ​​170.05. Where again we should expect a rebound and continued…

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