Quotes of Silver XAG/USD end the trading week near the 30.59 area. Quotes continue to move within the development of the correction and the bullish channel. Moving averages indicate the presence of an upward trend for the asset. Prices are testing the area between the signal lines, which indicates pressure from metal buyers and potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a bearish correction in the asset value and a test of the support level near the 28.85 area. Next, the continuation of the growth of the Silver price…
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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.
The Euro/Dollar currency pair EUR/USD continues to move within the framework of the growth development and the formation of the “Head and Shoulders” reversal pattern. The moving averages indicate the presence of a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the European currency and a potential continuation of the fall in the asset pair quotes from the current levels. At the time of publication of the forecast, the Euro to Dollar exchange rate for today is 1.0534. As part of the Forex forecast for November…
The Pound/Dollar GBP/USD currency pair continues to move within the growth and formation of the reversal model “Head and Shoulders”. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2671. Moving averages indicate the presence of a short-term bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the currency pair and a potential continuation of the instrument’s fall. At the moment, we should expect an attempt to develop an increase in the British Pound against the US Dollar and a test of…
The currency pair Australian Dollar to US Dollar (AUDUSD) continues to move within the growth and formation of the “Wedge” reversal pattern. The moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the currency pair and a potential continuation of the fall in the value of the instrument from the current levels. At the time of publication of the forecast, the Australian Dollar to US Dollar exchange rate is 0.6500. At the moment, we should expect an attempt to develop a decline…
The quotes of the USD/JPY currency pair continue to move within the development of a bullish correction and the beginning of the implementation of the “Head and Shoulders” pattern. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 151.54. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the US Dollar and a potential continuation of the fall in prices from the current levels. As part of the forecast of the…
Brent oil quotes Brent crude oil quotes continue to move within the framework of the fall development and the formation of the “Triangle” model. At the time of the forecast publication, the price of Brent crude oil is $72.63 per barrel. Moving averages indicate the presence of a short-term bearish trend for oil. Prices are testing the area between the signal lines, which indicates pressure from sellers of “Black Gold” and a potential continuation of the asset value fall from the current levels. At the moment, we should expect an attempt to develop a decline and a test of the…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the fall and bullish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.4004. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continuation of the price pair growth in the near future. At the moment, it is worth considering an attempt to develop an increase in the Canadian Dollar price and a test of the resistance level…
XAU/USD quotes continue to move within the framework of the development of the correction and the formation of the “Head and Shoulders” reversal pattern. At the time of publication of the forecast, the price of Gold for today is 2642 Dollars per Troy Ounce. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from asset buyers and potential continuation of growth from current levels. At the moment, we should expect an attempt to develop growth and test the resistance level near the 2645 area. From…
The quotes of XAG/USD continue to move within the development of the fall and have left the bullish channel. At the time of publication of the forecast, the Silver price is 30.19. Moving averages indicate the presence of a bearish trend. Prices are testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in price from the current levels. At the moment, we should expect an attempt to develop growth in the cost of the metal and a test of the resistance level near the 30.25 area. From where we should…
The quotes of the currency pair NZD/USD continue to move within the framework of the correction development and the formation of the “Wedge” reversal pattern. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the currency pair and a potential continuation of the fall in the value of the instrument from the current levels. At the time of publication of the Forex forecast, the New Zealand Dollar to US Dollar exchange rate is 0.5889. At the moment, we should expect…