Author: forex24pro

Currency pair Dollar Franc USD/CHF continues to move as part of the growth and the downward channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9496. Moving averages indicate the presence of a short-term bearish 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 depreciation of the…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move within the correction and left the limits of the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 58.26. Moving averages indicate the presence of a short-term bearish 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 dollar exchange rate forecast for November 18, 2022, we…

BTC/USD are trading at 16524 and continue to move as part of the development of the correction and the formation of the “Triangle” model. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $318,424,388,782. 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 forecast for the cryptocurrency rate for tomorrow, November 18,…

Ethereum are trading at 1190 and continue to move as part of the correction and the formation of the “Triangle” model, which is likely to be broken down by sellers. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $146,849,035,100. 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…

XRP/USD are trading at 0.3645 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 $18,732,060,869. 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 58.86 and continue to move as part of the correction and the formation of the “Triangle” pattern. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $4,231,929,737. Moving averages indicate a short-term bearish trend for Litecoin. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the asset and a potential continuation of growth already 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…

Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the formation of the “Head and Shoulders” reversal pattern, which suggests the development of a fall in the near future. Moving averages indicate the presence of a short-term bullish 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 1.0417. As part of the Forex…

Currency pair Pound/Dollar GBP/USD continues to move as part of the development of a correction and a bullish channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.1912. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument. At the moment, we should expect an attempt to develop a correction in the price of the British Pound against…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move in growth and a bullish channel. Moving averages indicate a short-term uptrend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continued growth in the value of the instrument already from current levels. At the time of publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.6767. At the moment, we should expect an attempt to develop a correction in the pair and a test of the support area near…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY Quotes of the currency pair Dollar/Yen USD/JPY continue to move as part of the fall and the formation of the ”Head and Shoulders” reversal pattern. At the time of publication of the forecast, the US Dollar to the Japanese Yen is 139.40. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the US Dollar and a potential continuation of the fall in prices already from current levels. As…