The USD/CHF currency pair continues to move within the framework of the decline development and the formation of the “Head and Shoulders” reversal pattern. At the time of the Forex forecast publication, the US Dollar to Swiss Franc exchange rate is 0.8833. The moving averages indicate the presence of a short-term upward trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from buyers and potential continuation of the asset’s value growth from the current levels. At the moment, we should expect an attempt to develop the growth of the US Dollar against the…
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.
BTC/USD quotes are trading at 95664 and continue to move within the framework of the development of growth and a bullish channel. Moving averages indicate a short-term upward trend for Bitcoin. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of “Digital Gold” and potential continued growth in the asset’s value from current levels. As part of the cryptocurrency rate forecast for tomorrow, November 29, 2024, we should expect an attempt to develop a decline in the value of the digital asset and a test of the support level near the 87205 area.…
ETH/USD are trading at 3571 and continue to move within the development of growth and a bullish channel. Moving averages indicate the presence of a short-term bullish trend for Ether. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and a potential continuation of the decline in the asset value from the current levels. At the moment, we should expect an attempt to develop a bearish correction in the coin value and a test of the support level near the 3265 area. From where we should again expect an upward rebound in prices…
The Euro/Dollar currency pair EUR/USD continues to move within the framework of 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 1.0558. As part of the Forex forecast for November 28,…
The Pound/Dollar GBP/USD currency pair continues to move within the growth and the formation of the “Head and Shoulders” reversal pattern. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2670. 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…
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 the US Dollar exchange rate is 0.6488. At the moment, we should expect an attempt to develop a…
The quotes of the USD/JPY currency pair continue to move within the framework of the decline development and the beginning of the “Head and Shoulders” model implementation. At the time of the forecast publication, the US Dollar to Japanese Yen exchange rate is 151.11. The 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 US Dollar sellers and a potential continuation of the price decline from the current levels. As part of the Japanese Yen exchange rate forecast for November 28,…
Brent oil quotes Brent crude oil quotes continue to move within the framework of the decline development and the formation of the “Triangle” model. At the time of the forecast publication, the price of Brent crude oil is $ 73.05 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 fall in the value of the asset from the current levels. At the moment, we should expect an attempt to develop a decline…
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 1.4029. Moving averages indicate 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 continued growth of the price pair 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 near the 1.4075…
XAU/USD quotes continue to move within the development of the correction and the bullish channel. At the time of publication of the forecast, the price of Gold for today is 2639 Dollars per Troy Ounce. 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 asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a decline and a test of the support level near the 2635 area. From where we…