Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the development of a correction and a downward channel. Moving averages indicate the presence of a short-term bearish trend. Prices are again testing 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 already from current levels. At the time of publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.6485. At the moment, we should expect an attempt to develop a bullish correction of…
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.
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the bullish channel. The potential for the formation of a reversal pattern “Head and Shoulders” remains. At the time of the publication of the forecast, the US Dollar to the Japanese Yen is 148.23. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have gone up from the areas between the signal lines, which indicates pressure from buyers of the US Dollar and a potential continuation of price growth already from current levels. As part…
Brent continue to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. At the time of the publication of the forecast, the price of Brent oil is $94.69 per barrel. Moving averages indicate the presence of a short-term bullish trend in oil. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers of “Black Gold” 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 decline and a…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and the bullish channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.3621. 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 continuation of the price pair growth in the near future. At the moment, it is worth considering an attempt to develop a bearish price correction and a test of the support level…
GOLD continue to move as part of the development of the correction and the downward channel. At the time of the publication of the forecast, the price of Gold is 1646 USD per Troy Ounce. 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 asset and a potential continuation of the fall already from current levels. At the moment, we should expect an attempt to develop a bullish correction and test the resistance level near the 1655 area. Where should we…
Silver continue to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern on higher timeframes. At the time of the publication of the forecast, the price of Silver is 19.63. Moving averages indicate a bullish trend. 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 value already from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the metal and a test of the resistance…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the development of a bullish correction and a downward channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are again testing 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 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 0.5839.…
Currency pair Dollar Franc USD/CHF continues to move as part of growth 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 0.9999. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have gone up from 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…
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 60.02. 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 dollar exchange rate forecast for November 2, 2022, we should expect an attempt to…
BTC/USD are trading at 20466 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 $392,509,789,375. Moving averages indicate a short-term bullish 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 exchange rate forecast for tomorrow, November 3, 2022, we…