The quotes for Brent crude oil continue to move as part of the fall and the development of the “Triangle” pattern. At the time of publication of the forecast, the price of Brent oil is $83.04 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 correction and a test of the resistance…
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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 a strong fall and the completion of the formation of the “Head and Shoulders” reversal pattern. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3706. 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 quotes of XAU/USD continue to move within the growth and bearish channel. At the time of publication of the forecast, the price of Gold is 1963 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 can expect an attempt to develop a bearish correction and a test of the support level near the 1935 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 the fall and the bearish channel. At the time of publication of the forecast, prices for Silver are 23.07. 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 22.45 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 formation of an inverted “Head and Shoulders” reversal pattern. 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 0.5986. At the moment, we…
The USD/CHF currency pair continues to move within a strong fall and has left the bullish channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc rate is 0.8903. 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 rise in the US Dollar against the Swiss Franc and a test of…
The BTC/USD quotes are trading at 36184 and continue to move within the correction and rising channel. 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 16, 2023, 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…
The ETH/USD quotes are trading at the level of 2034 and continue to move as part of the development of the correction and 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 1965 area. From where we can again…
The Euro/Dollar currency pair EUR/USD ends the trading week with a correction near the 1.0683 area. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the European currency and a likely continuation of the fall 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 1.0735. Where is the expected rebound downwards and the continuation of the fall of the Euro Dollar. A potential downward target is…
BRENT oil quotes end the trading week near the area of 80.90 dollars per barrel. The asset continues to move within the framework of the correction and the bullish “5-0” pattern. 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 a decline and test the support area near the level of 78.05. Then, it is worth considering a rebound upward and continued growth of oil to…