Author: forex24pro

Silver continue to move as part of a strong growth and a bullish channel. At the time of the publication of the forecast, the price of Silver is 21.78. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the asset and a potential continuation of the growth in value already from current levels. At the moment, we should expect an attempt to continue the development of a downward correction in the value of the metal and a test of the support level near the area of…

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the price rise and the bullish channel. 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 currency pair and a potential continuation of the fall in the value of the instrument already 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 0.6065. At the…

Currency pair Dollar Franc USD/CHF continues to move within the correction 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 0.9435. 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 the growth of the US Dollar…

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 58.28. 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 USD exchange rate forecast for November 16, 2022, we should expect an attempt to…

BTC/USD are trading at 16862 and continue to move as part of the development of a bullish correction and a downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $325,176,002,479. 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 exchange rate forecast for tomorrow, November 16, 2022, we should…

Ethereum are trading at 1266 and continue to move within the correction and the downward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $155,079,971,657. 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 a test…

XRP/USD are trading at 0.3813 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 $19,506,967,740. 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 58.51 and continue to move within the correction and left the bullish channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $4,201,872,858. Moving averages indicate the presence of a short-term bullish trend for Litecoin. Prices are again testing the area between the signal lines, 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 the resistance…

DOGE/USD are trading at 0.0875 and continue to move as part of the correction and the formation of the “Triangle” model. Moving averages indicate a short-term bearish trend for Dogecoin. Prices are again testing the area between the moving averages, 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 0.0945 area. Where can we expect a rebound down again and a continuation of…

SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00000925, they continue to move within the correction and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the coin. Prices are again testing the area with signal lines, which indicates pressure from 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 a test of the…