Currency pair Pound/Dollar GBP/USD continues to move as part of growth and the rising channel. At the time of the publication of the forecast, the pound to the US Dollar at FOREX is 1.2941. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt to depreciate the British Pound and test the support area near the level of 1.2635. 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 of the currency pair, in…
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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 Australian Dollar to US Dollar AUD/USD continues to move as part of the growth. Moving averages indicate the presence of a short-term bullish trend, prices have once again been able to push from the area between the signal lines, which indicates pressure from buyers. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6918. At the moment, we should expect an attempt to fall and test the support area near the level of 0.6845. Further, a rebound from the lower border of the channel and continued growth of quotations to…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the beginning of the development of the inverted «Head and Shoulders» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 108.56. Moving averages indicate the presence of a short-term bullish trend for the pair, prices are located above the signal lines, which indicates pressure from buyers. As part of the forecast of the Japanese Yen rate on November 1, 2019, we should expect an attempt to reduce…
Brent continue to move as part of the correction and formation of the «Wedge» model. At the time of the publication of the forecast, the price of Brent crude oil is $ 60.56 per barrel. Moving averages indicate a short-term lateral oil trend. However, prices broke through the area of signal lines, which indicates pressure from oil buyers. At the moment, we should expect an attempt to grow and test the resistance level near the area of 62.15 dollars per barrel. Further, the continuation of the fall in the oil rate to the area below the level of 53.65. Brent…
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 1.3154. Moving averages indicate the presence of a short-term bearish trend for the pair. At the moment, we should expect an attempt to continue growth and test the resistance level near the area of 1.3185. Further, the rebound and continued fall of the currency pair. The potential target of such a movement of the instrument on Forex quotes is…
GOLD continue to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the price of GOLD is 1500 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 1487. Where can we expect a rebound and continued growth in the price of GOLD with a target above the level of 1575. XAU/USD Forecast and GOLD analysis November 1, 2019 In favor of the rise in XAU/USD quotes,…
Silver continue to move as part of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the price of Silver is $17.97. 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 17.65. 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 1, 2019 In favor of the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in the framework of strong growth. Moving averages indicate the presence of a short-term bullish trend for the pair, prices went far from the signal lines, which indicates pressure from the bulls. At the time of the publication of the FOREX forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6421. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.6375. Further, within the framework of Forex forecast and analytics for…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the 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 0.9875. Moving averages indicate a short-term bullish 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 0.9915. Then, a…
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 63.73. 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 1, 2019, we should expect an attempt to reduce and test the support level near the area of 63.55 Rubles per US Dollar.…