GOLD continue to move as part of the fall and the start of development of the «Triangle» model. At the time of the publication of the forecast, the price of GOLD is 1464 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1475. Where can we expect a rebound and the continuation of the fall in the price of Gold with a target below the level of 1425. XAU/USD Forecast and GOLD analysis November 12, 2019 An additional signal…
Author: forex24pro
Silver continue to move as part of the decline. At the time of the publication of the forecast, the price of Silver is 16.91 Dollars. Moving averages indicate a downward trend. At the moment, we should expect an attempt to develop a growth in the value of the metal and a test of the resistance level near the area of 17.45. Where can we expect a rebound and a continued fall in the price of Silver with a target below the level of 15.65. XAG/USD Forecast Silver and Analysis November 12, 2019 In favor of falling quotes and prices for…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in the framework of the fall and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are pushing away from signal lines, which indicates pressure from sellers. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6348. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6385. Further, within the framework of the forecast…
Currency pair Dollar Franc USD/CHF continues to move as part of the bullish correction 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 0.9962. Moving averages indicate a short-term bullish trend for the pair. Prices continue to remain above the area between the signal lines, indicating bullish pressure. At the moment, we should expect an attempt to increase the US Dollar against the Swiss Franc and test the resistance area near the level of 0.9975. Then, a rebound and continued depreciation of the US…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the decline 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 63.83. Moving averages indicate the presence of a short-term downtrend, prices continue to push off from signal lines, which indicates pressure from sellers. As part of the USD/RUB forecast for tomorrow November 12, 2019, we should expect an attempt to correct and test the resistance level near the area of 64.45 Rubles per US Dollar. Then, a rebound and continued fall…
BTC/USD are trading at 8786 and continue to move as part of the decline. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $158 695 208 857. Moving averages indicate the presence of a short-term upward trend in Bitcoin. Prices were able to break through the area of signal lines, which indicates pressure from sellers. As part of the cryptocurrency rate forecast for tomorrow, November 12, 2019, we should expect an attempt to drop a digital asset and test the support level near the area of 8565. Where again we should expect a rebound and an…
ETH/USD are trading at 184.65 and continue to move as part of the correction and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $20 298 840 479. Moving averages indicate the presence of a short-term bullish trend for Ethereum. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 195.45. Where again we should expect a rebound and the continuation of the Ethereum rate drop with a potential target below the level of 145.05. Ethereum…
LTC/USD are trading at 61.04 and continue to move as part of the correction. The capitalization of Litecoin cryptocurrency at the time of the publication of the forecast is $3 947 729 783. Moving averages indicate the presence of a short-term bullish trend in Litecoin. At the moment, we should expect an attempt at a slight correction and a test of the support level near the area of 57.15. Where again we should expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 76.05. Litecoin Forecast and LTC/USD Analysis November 12, 2019…
XRP/USD are trading at 0.2725 and continue to move as part of the decline. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $11 972 244 781. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have failed pushing away from signal lines, which indicates a pressure from sellers. At the moment, we should expect an attempt to correct the digital asset and test the resistance level near the 0.2805 area. Further, the continued fall of cryptocurrency to an area below the level of 0.2425. Ripple Forecast and XRP/USD…
BCH/USD are trading at 286.83 and continue to move as part of the correction and the formation of the inverted «Head and Shoulders» model. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $5 205 051 833. 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 rate forecast for November 12, 2019, one should expect an attempt to correct the value of the asset and test the support level near the area…