The currency pair British Pound to US Dollar (GBP/USD) continues to move as part of the development of a correction and a downward channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2177. 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 currency pair and potential continued growth of the instrument. At the moment, we should expect an attempt to develop a slight bullish correction in the British Pound rate against the American Dollar…
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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 Australian Dollar to US Dollar (AUD/USD) continues to move as part of the development of a correction and a bearish channel. Moving averages indicate a short-term bearish trend. Prices are again testing the area between the signal signals, which indicates pressure from sellers of the currency pair and a potential continuation of the fall in the value of the instrument from current levels. At the time of publication of the forecast, the Australian Dollar to US Dollar exchange rate is 0.6370. At the moment, we should expect an attempt to continue the development of the bullish correction…
The quotes of the USD/JPY currency pair continue to move as part of the development of a correction and a bullish channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 150.44. Moving averages indicate a short-term bullish trend for the pair. Prices moved up from the area between the signal lines, which indicates pressure from sellers of the US Dollar and a potential continuation of the fall in prices from current levels. As part of the Japanese Yen exchange rate forecast for November 1, 2023, we should expect an attempt to…
The quotes for Brent crude oil continue to move as part of the correction and the formation of the “Triangle” pattern. At the time of publication of the forecast, the price of Brent oil is $86.89 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 a decline and test the support level near…
The currency pair USD/CAD continues to move within the correction and bullish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3819. Moving averages indicate a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upward, 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 growth and test the resistance level near the 1.3865 area. Next, a rebound downwards and a continuation of the…
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 1996 Dollars per Troy Ounce. Moving averages indicate a short-term bullish 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 1970 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 development of a correction and the formation of a “Head and Shoulders” reversal pattern. At the time of publication of the forecast, prices for Silver are 23.23. 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 22.80 area. Where…
The quotes of the currency pair NZD/USD continue to move as part of the development of a bullish correction and a bearish channel. Moving averages indicate a short-term bearish trend for the pair. Prices have broken down 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 current levels. At the time of publication of the Forex forecast, the exchange rate of the New Zealand Dollar to the US Dollar is 0.5852. At the moment, we should expect an attempt to…
The USD/CHF currency pair continues to move within the growth and bullish channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc rate is 0.9021. Moving averages indicate a short-term bearish trend for the pair. 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 should expect an attempt to develop a fall in the US Dollar against the Swiss Franc and a test of the support area near…
The BTC/USD quotes are trading at 34390 and continue to move as part of the correction and formation of the “Triangle” pattern. The capitalization of the Bitcoin cryptocurrency at the time of publication of the forecast is $723,394,616,274. 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 1, 2023, we should expect an…