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…
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 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…
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…
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…
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…
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…
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…
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…