Brent continue to move as part of the correction and formation of the head and shoulders reversal pattern, which is directed downward. At the time of the publication of the forecast, the price of Brent crude oil is $ 58.83 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we should expect an attempt to grow and test the resistance level near the area of 59.90 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 53.25. Brent Crude Oil Forecast and analysis October 22,…
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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 to Canadian Dollar USD/CAD 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 Canadian Dollar is 1.3103. Moving averages indicate the presence of a short-term bearish trend for the pair. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.3135. Further, the rebound and continued growth of the currency pair. The potential target of this movement of quotes is the area below the level of…
GOLD continue to move as part of the correction and the formation of the inverted «Head and Shoulders» model. At the time of the publication of the forecast, the price of GOLD is 1,491 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend that is nearing completion. At the moment, we should expect an attempt to reduce and test the support level near the area of 1475. Where can we expect a rebound and continued growth in the price of Gold with a target above the level of 1585. XAU/USD Forecast and GOLD analysis October 22, 2019 In…
Silver continue to move as part of the correction and the bearish channel. At the time of the publication of the forecast, the price of Silver is 17.69 Dollars. Moving averages indicate a downward trend, but prices have broken through the signal line area, which indicates pressure from buyers. At the moment, we should expect an attempt to develop a correction in the value of the metal and a test of the resistance level near the area of 17.75. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below…
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 0.6408. 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 fall 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 0.9853. Moving averages indicate the presence of a short-term downtrend for the pair. At the moment, we should expect an attempt to increase the dollar against the Franc and test the resistance area near the level of 0.9905. Then, a rebound and continued depreciation of the US Dollar against the Swiss Franc with a potential target below 0.9795. USD/CHF Forecast Dollar Franc…
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 63.68. Moving averages indicate a short-term downtrend. As part of the USD/RUB forecast for tomorrow, October 22, 2019, we should expect an attempt to lower 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 8272 and continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $148 934 281 022. Moving averages indicate the presence of a short-term downward trend for Bitcoin. As part of the cryptocurrency forecast for tomorrow, October 22, 2019, we should expect an attempt to increase the asset quotes and test the resistance level near the area of 8345. Where again we should expect a rebound and an attempt to continue the fall of the…
ETH/USD are trading at 175.56 and continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $19 190 674 397. Moving averages indicate the presence of a short-term downward trend in Ethereum. At the moment, we should expect an attempt to increase the value of the digital asset and test the resistance level near the area of 185.05. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential…
LTC/USD are trading at 54.79 and continue to move as part of the decline and the bearish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $3 508 928 194. 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 57.75. Where again we should expect a rebound and continued decline in the rate of Litecoin with a potential target below the level of 43.55. Litecoin Forecast and LTC/USD Analysis October…