Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the development of a strong bullish correction and a downward channel. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines upwards, 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 0.7174. At the moment, we should expect an attempt to…
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. At the time of publication of the forecast, the US Dollar to the Japanese Yen is 127.64. 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 US Dollar and a potential continuation of price growth already from current levels. As part of the forecast for the Japanese Yen on June 1, 2022, we should expect an…
Brent continue to move as part of growth and a bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $116.43 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 up, which indicates pressure from buyers of Black Gold and a potential continuation of the growth in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a fall and test the support level near the area of…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of a strong fall and a bullish channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.2682. 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 and a potential continuation of the price pair’s fall in the near future. At the moment, we should expect an attempt to develop a price reduction and a test of the support level…
GOLD continue to move within the correction and the bullish channel. At the time of the publication of the forecast, the price of Gold is 1855 USD per Troy Ounce. 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 asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a correction and test the support level near the 1850 area. Where should we expect a rebound upwards and a continuation…
Silver continue to move within the correction and the bullish channel. At the time of the publication of the forecast, the price of Silver is 22.04. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers 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 develop a correction in the value of the metal and a test of the support level near the area of 21.75. Where should we expect a rebound upwards…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of growth and a bullish channel. Moving averages indicate the presence of a short-term upward trend in the pair. Prices have gone up from the area between the signal lines, 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 Forex forecast, the exchange rate of the New Zealand Dollar to the US Dollar is 0.6536. At the moment, we should expect…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the downward channel. At the time of publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9597. Moving averages indicate the presence of a short-term bullish trend for the pair. 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 correction in the US…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move within the correction and left the limits of the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 60.92. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines up, 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 May 31, 2022, we…
BTC/USD are trading at 30490 and continue to move as part of the decline and the downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $585,683,782,896. Moving averages indicate the presence of a short-term downward 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, June 1, 2022, we should expect an attempt…