Silver continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the price of Silver is 17.53 Dollars. Moving averages indicate a lateral 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 17.45. Where can we expect a rebound and continued growth in the price of Silver with a target above the level of 19.15. XAG/USD Forecast Silver and Analysis October 24, 2019 In favor of the growth of…
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.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth. Moving averages indicate the presence of a short-term bullish trend for the pair. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6419. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.6355. Further, within the framework of the forecast and Forex analysis for tomorrow, a rebound is expected and an attempt to continue the growth of…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9905. Moving averages indicate a short-term bullish trend for the pair, which is nearing completion. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9955. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the formation of the «Double Bottom» reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 63.80. Moving averages indicate a short-term downtrend. As part of the USD/RUB forecast for tomorrow, October 24, 2019, we should expect an attempt to reduce and test the support level near the area of 63.35 Rubles per US Dollar. Then, a rebound and continued growth of the currency pair in the area above the level of…
BTC/USD are trading at 7497 and continue to move as part of the fall and the downward channel. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $136 108 189 021. Moving averages indicate the presence of a short-term downward trend for Bitcoin. As part of the cryptocurrency rate forecast for tomorrow, October 24, 2019, we should expect an attempt to correct the asset and test the resistance level near the area of 7835. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with a target below…
ETH/USD are trading at 158.66 and continue to move as part of a strong fall and a downward channel. Ethereum cryptocurrency capitalization at the time of the publication of the forecast is $17 480 585 435. Moving averages indicate the presence of a short-term downward trend in Ethereum. At the moment, we should expect an attempt to correct the value of the digital asset and test the resistance level near the area of 165.05. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below the level of 135.05. Ethereum Forecast…
LTC/USD are trading at 48.63 and continue to move as part of the decline and the bearish channel. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $3 161 166 579. Moving averages indicate the presence of a short-term bearish trend for Litecoin. At the moment, we should expect an attempt to grow and test the resistance level near the area of 52.05. Where again we should expect a rebound and a continued fall in the rate of Litecoin with a potential target below the level of 30.05. Litecoin Forecast and LTC/USD Analysis October…
XRP/USD are trading at 0.2649 and continue to move as part of a strong fall and the start of development of the «Triangle» model. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $11 693 925 380. Moving averages indicate the presence of a short-term bullish trend for Ripple, which is nearing completion. At the moment, we should expect an attempt to increase the digital asset rate and test the resistance level near the 0.2715 area. Further, the continuation of the fall of cryptocurrency to the area below the level of 0.2215. Ripple…
BCH/USD are trading at 207.97 and continue to move as part of the fall and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $3 792 603 525. Moving averages indicate the presence of a short-term bearish trend in Bitcoin Cash, which remains still quite strong. As part of the cryptocurrency forecast for October 24, 2019, we should expect an attempt to correct the value of the asset and test the resistance level near the area of 230.05. Where again we should expect a rebound and continued fall of the digital asset…
Currency pair Euro/Dollar EUR/USD continues to move in the framework of strong growth. Moving averages indicate a short-term bullish trend for the pair. At the time of the publication of the forecast, the Euro/Dollar rate is 1.1139. At the moment, we should expect an attempt to reduce and test the support level near the area of 1.1095. 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. EUR/USD Forecast Euro Dollar October 23, 2019 An additional signal in favor of raising the EUR/USD quotes will…