Currency pair Dollar Franc USD/CHF continues to move as part of a strong bearish correction and a bullish channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9833. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from selling and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a correction…
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.
Currency pair US Dollar/Russian Ruble USD/RUB continues to move within the correction and the bullish channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 58.92. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the US currency and a potential continuation of the decline of the US Dollar against the Russian Ruble. As part of the USD exchange rate forecast for November 10, 2022, we should expect an attempt to…
BTC/USD are trading at 18099 and continue to move as part of the development of the fall and the downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $345,206,396,152. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers of Digital Gold and a potential continuation of the decline in the value of the asset already from current levels. As part of the cryptocurrency rate forecast for tomorrow, November 10, 2022, we should expect an…
Ethereum are trading at 1264 and continue to move as part of the fall and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $152,036,063,099. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices have gone down from the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the coin and…
XRP/USD are trading at 0.3780 and continue to move as part of the fall and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $18,640,974,158. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall in the XRP rate on the market already from current levels. At the moment, we should expect an attempt to develop a bullish correction of the asset…
LTC/USD are trading at 56.87 and continue to move as part of a strong fall and a downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $4,034,270,365. Moving averages indicate a short-term bearish trend for Litecoin. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the digital asset and a test of the resistance…
DOGE/USD are trading at 0.0863 and continue to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend for Dogecoin. Prices have gone down from the area, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop a correction in the value of the digital asset and a test of the resistance level near the 0.1005 area. Where can we expect a rebound down again and a continued fall in the Dogecoin rate with a…
SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00000994, continues to move within the correction after the fall and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the coin. Prices have gone down from the area with signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall already from current levels. As part of the SHIB/USD rate forecast, it is worth considering an attempt to develop a bullish correction in the value of a digital asset and…
Currency pair US Dollar to Polish Zloty USD/PLN continues to move as part of a strong fall and the formation of a reversal pattern “Wedge”. Moving averages indicate the presence of a short-term downward trend in the pair. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the currency pair. At the time of publication of the forecast, the exchange rate of the US Dollar to the Polish Zloty is 4.65. At the moment, we should expect an attempt to develop a correction and test the support level near the 4.60 area.…
Currency pair Euro/Dollar EUR/USD continues to move as part of strong growth and a downward channel. The potential for the formation of a reversal pattern “Head and Shoulders” remains. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the European currency and a potential continuation of the growth of asset quotes already from current levels. At the time of the publication of the forecast, the EUR/USD exchange rate is 0.9750. As part of the Forex forecast for November 9,…