The quotes for Brent crude oil continue to move within the bullish correction and bearish channel. At the time of publication of the forecast, the price of Brent oil is $82.11 per barrel. Moving averages indicate a short-term bearish trend in oil. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of Black Gold and a potential continuation of the fall in the value of the asset from current levels. At the moment, we should expect an attempt to develop growth and test the resistance level near the area of 85.35 dollars per…
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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 currency pair USD/CAD continues to move as part of the development of the correction and the formation of the “Triangle” pattern. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3704. Moving averages indicate a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers and the potential continued growth of the price pair in the near future. At the moment, it is worth considering an attempt to develop a price fall and a test of the support level near…
The quotes of XAU/USD continue to move within the growth and bullish channel. At the time of publication of the forecast, the price of Gold is 1988 Dollars per Troy Ounce. Moving averages indicate a short-term bearish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the asset and potential continued growth from current levels. At the moment, we should expect an attempt to develop a bearish correction and a test of the support level near the 1965 area. From where we can expect a rebound upward and continued growth in…
The quotes of XAG/USD continue to move as part of the growth development and have left the bearish channel. At the time of publication of the forecast, prices for Silver are 23.53. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of price growth from current levels. At the moment, we should expect an attempt to develop a correction in the value of the metal and a test of the support level near the 23.30 area. Where can we expect an upward rebound…
The quotes of the currency pair NZD/USD continue to move as part of the development of growth and the development of the inverted “Head and Shoulders” reversal pattern. Moving averages indicate a short-term bearish trend for the pair. Prices have broken upward in the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the growth in the value of the instrument from current levels. At the time of publication of the Forex forecast, the exchange rate of the New Zealand Dollar to the US Dollar is 0.6073. At the moment,…
The USD/CHF currency pair continues to move as part of the correction and the formation of the bullish “Wolfe Wave” pattern. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc rate is 0.8839. Moving averages indicate a short-term bearish trend for the pair. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset from current levels. At the moment, we should expect an attempt to develop a depreciation of the US Dollar against the Swiss…
The BTC/USD quotes are trading at 37198 and continue to move as part of the growth and formation of the “Triangle” pattern. Moving averages indicate a short-term bullish trend for Bitcoin. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of Digital Gold and a potential continuation of the fall in the value of the asset from current levels. As part of the forecast for the cryptocurrency rate for tomorrow, November 22, 2023, we should expect an attempt to develop a decline in the value of the digital asset and a test of…
The ETH/USD quotes are trading at the 2006 level and continue to move as part of the development of growth and a bullish channel. Moving averages indicate a short-term bullish trend for Ether. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of growth in the value of the asset from current levels. At the moment, we can expect an attempt to develop a bearish correction in the value of the coin and a test of the support level near the 1970 area. From where we can again expect…
The Euro/Dollar currency pair EUR/USD ends the trading week with a bullish correction near the 1.0837 area. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the European currency and a likely continuation of growth from current levels. At the moment, we should expect an attempt to develop a rise in the pair’s quotes and a test of the resistance area near the level of 1.0915. Where is the expected rebound downwards and the continuation of the fall of the Euro Dollar. A potential target for…
BRENT oil quotes end the trading week near the area of 77.49 dollars per barrel. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from commodity sellers and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop growth and test the resistance area near the level of 79.75. Then, it is worth considering a rebound downward and the continuation of the fall of oil to the area below the level of 59.65 dollars per barrel. BRENT Forecast November 20…