Quotes of Silver XAG/USD end the trading week near the 31.26 area. Quotes continue to move within the development of the fall 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 bullish correction in the asset value and a test of the support level near the 28.45 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 development of a fall and a descending channel. The moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines downwards, 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 1.0532. Within the framework of the Forex forecast for November 22, 2024, we should expect…
The Pound/Dollar GBP/USD currency pair continues to move within the correction and the descending channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2631. 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 instrument’s fall. At the moment, we should expect an attempt to develop the fall of the British Pound against the US Dollar and a test of the support area near…
The currency pair Australian Dollar to US Dollar (AUDUSD) continues to move within the sideways correction and the 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 0.6521. At the moment, we should expect an attempt to…
The quotes of the USD/JPY currency pair continue to move within the framework of the growth development and the formation of the “Head and Shoulders” reversal pattern. At the time of the forecast publication, the US Dollar to Japanese Yen exchange rate is 155.73. 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 upwards, which indicates pressure from US Dollar buyers and a potential continuation of price growth from the current levels. As part of the Japanese Yen exchange rate forecast for November 22, 2024,…
Brent oil quotes Brent crude oil quotes continue to move within the framework of growth development and formation of the “Double Bottom” reversal pattern. At the time of publication of the forecast, the price of Brent crude oil is 73.98 dollars 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…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the fall and has left the bullish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3943. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are testing the area between the signal lines, 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 a decline in the Canadian Dollar price and a test of the resistance…
XAU/USD quotes continue to move within the framework of the growth and bullish channel development. At the time of the forecast publication, the price of Gold for today is 2667 Dollars per Troy Ounce. Moving averages indicate the presence of a short-term bearish trend. Prices are testing the area between the signal lines, which indicates pressure from asset sellers 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 2655 area. From where we should expect an upward…
The quotes of XAG/USD continue to move within the framework of the correction and bullish channel development. At the time of publication of the forecast, the Silver price is 30.83. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines downwards, indicating pressure from sellers and a potential continuation of the fall in price from current levels. At the moment, we should expect an attempt to develop a decline in the metal price and a test of the support level near the 30.65 area. From where we should expect an upward price rebound and…
The quotes of the currency pair NZD/USD continue to move within the development of a minor fall and a descending channel. There is still potential for the formation of a reversal model “Wedge”. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices broke 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 Forex forecast, the New Zealand Dollar to the US Dollar exchange…