Brent oil quotes Brent crude oil quotes continue to move within the development of a fall and a descending channel. At the time of publication of the forecast, the price of Brent crude oil is 72.20 dollars per barrel. Moving averages indicate the presence of a short-term bullish trend for oil. Prices broke through the area between the signal lines downwards, which indicates pressure from sellers of “Black Gold” and a potential continuation of the fall in the value of the asset from the current levels. At the moment, we should expect an attempt to develop a bullish correction and…
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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 Canadian Dollar USD/CAD continues to move within the correction and the formation of the “Wedge” model. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.4408. Moving averages indicate a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continued growth of the price pair in the near future. At the moment, it is worth considering an attempt to develop a decline in the Canadian Dollar price and test the support level near…
XAU/USD quotes continue to move within the development of a fall and a descending channel. At the time of publication of the forecast, the price of Gold for today is 2617 Dollars per Troy Ounce. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop growth and a test of the resistance level near the 2640 area. From where we…
The quotes of XAG/USD continue to move within the framework of the development of a bullish correction and a descending channel. At the time of publication of the forecast, the Silver price is 29.67. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines again, indicating pressure from sellers and a potential continuation of the fall in price from current levels. At the moment, we should expect an attempt to develop growth in the cost of metal and a test of the resistance level near the 30.25 area. From where we should expect a price…
The quotes of the currency pair NZD/USD continue to move within the development of the correction and the descending channel. The moving averages indicate the presence of a short-term bearish trend for the pair. Prices broke through the area between the signal lines downwards, which indicates pressure from sellers of the currency pair and a potential continuation of the decline in the value of the instrument from the current levels. At the time of publication of the Forex forecast, the New Zealand Dollar to the US Dollar exchange rate is 0.5638. At the moment, we should expect an attempt to…
The USD/CHF currency pair continues to move within the framework of the growth and bullish channel development. At the time of the Forex forecast publication, the US Dollar to Swiss Franc exchange rate is 0.8982. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continuation of the asset’s value growth from the current levels. At the moment, we should expect an attempt to develop a decline in the US Dollar against the Swiss Franc and a test of…
BTC/USD quotes are trading at 101992 and continue to move within the development of the correction and the formation of the “Triangle” model. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of “Digital Gold” and a potential continuation of the decline in the value of the asset from the current levels. As part of the cryptocurrency rate forecast for tomorrow, December 24, 2024, we should expect an attempt to develop growth in the value of the digital asset and a…
ETH/USD are trading at 3335 and continue to move within the development of the fall and the descending channel. Moving averages indicate the presence of a short-term bearish trend for Ether. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset from the current levels. At the moment, we should expect an attempt to develop a bullish correction of the coin and a test of the resistance level near the 3515 area. From where we should again expect a downward rebound…
BRENT oil quotes are ending the trading week near the area of 72.03 dollars per barrel. Moving averages indicate the presence of a bearish trend. Prices broke through the area with signal lines downwards, which indicates pressure from sellers of raw materials and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 73.65. Then, it is worth considering a downward rebound and a continuation of the fall of oil to the area below the level…
The Euro Dollar EUR/USD currency pair ends the trading week as part of the decline development near the level of 1.0401. The pair continues to move within the descending channel. The moving averages indicate the presence of a bearish trend for the pair. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the European currency and a probable continuation of the fall from the current levels. As part of the Euro exchange rate forecast for the trading week, we should expect an attempt to develop a decline in the EUR/USD pair and…