Currency pair Dollar Franc USD/CHF continues to move within the correction and the bullish channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9887. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continued growth in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a correction in the US Dollar against the Swiss…
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 the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 59.17. Moving averages indicate the presence of a short-term bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the US currency and a potential continuation of the growth of the US Dollar against the Russian Ruble. As part of the USD exchange rate forecast for October 27, 2022, we should expect an attempt to…
BTC/USD are trading at 20630 and continue to move as part of the development of strong growth and a downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $393,738,377,808. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of Digital Gold and a potential continuation of the growth in the value of the asset already from current levels. As part of the cryptocurrency rate forecast for tomorrow, October 27, 2022, we should expect an attempt…
Ethereum are trading at the level of 1531 and continue to move as part of a strong growth and the development of the “Triangle” pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $186,058,750,920. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and a potential continued growth in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a rise in the value…
XRP/USD are trading at 0.4604 and continue to move as part of the correction. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $23,302,540,562. Moving averages indicate the presence of a short-term bullish trend for Ripple. 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 of 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 and a test of…
LTC/USD are trading at 57.06 and continue to move as part of a strong growth and a downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $4,045,772,981. 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 the resistance…
The currency pair of the US Dollar to Mexican Peso USD/MXN continues to move as part of the fall and the long-term downward channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Mexican Peso is 19.82. At the moment, we should expect an attempt to develop a bullish correction and test the resistance level near the 19.95 area. Then, as part of the forecast for the pair, the pair is expected to continue falling to the area below the level of 19.35. Mexican Peso Forecast October 27, 2022 In favor of…
The US Dollar to Turkish Lira USD/TRY continues to move as part of the growth of the bullish channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Turkish Lira is 18.60. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the currency pair. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near the 18.35 area and the pair’s continued…
Currency pair US Dollar to Polish Zloty USD/PLN continues to move within the correction 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 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 4.74. At the moment, we should expect an attempt to develop a correction and test the support level near the 4.45 area. Then, the continued growth of USD/PLN quotes…
Currency pair US Dollar to South African Rand USD/ZAR continues to move as part of a strong fall and a bullish channel. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the pair. At the time of publication of the forecast, the exchange rate of the US Dollar to the South African Rand is 17.70. At the moment, we should expect an attempt to fall and a test of the support level near the 17.75 area. Further, the continuation…