Author: forex24pro

BTC/USD quotes are trading at 101992 and continue to move within the development of growth and a bullish channel. Moving averages indicate the presence of a short-term upward trend for Bitcoin. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of “Digital Gold” and a potential continuation of the asset’s value growth from current levels. As part of the cryptocurrency rate forecast for tomorrow, December 20, 2024, we should expect an attempt to develop a decrease in the value of the digital asset and a test of the support level near the 99675…

ETH/USD are trading at 3686 and continue to move within the framework of the development of the fall and the bullish channel. Moving averages indicate a short-term upward trend in Ether. Prices are testing the area between the signal lines again, indicating pressure from buyers and a potential continuation of the asset’s decline from current levels. At the moment, we should expect an attempt to develop coin growth and a test of the resistance level near the 3835 area. From where we should again expect a downward price rebound and a continuation of the Ethereum rate decline with a potential…

The Euro/Dollar currency pair EUR/USD continues to move within the development of a fall and a descending channel. The moving averages indicate the presence of a short-term 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 potential continuation of the fall in the asset pair quotes from the current levels. At the time of publication of the forecast, the Euro to Dollar exchange rate for today is 1.0500. As part of the Forex forecast for December 19, 2024, we should expect an…

The Pound/Dollar GBP/USD currency pair continues to move within the bullish correction and downward channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2715. 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 instrument’s fall. At the moment, we should expect an attempt to develop an increase in the British Pound against the US Dollar and a test of the resistance area near the…

The currency pair Australian Dollar to US Dollar (AUDUSD) continues to move within the fall and descending channel. The 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 currency pair and a potential continuation of the fall in the instrument’s value from the current levels. At the time of publication of the forecast, the Australian Dollar to the US Dollar exchange rate is 0.6313. At the moment, we should expect an attempt to develop a bullish correction and a test of…

The quotes of the USD/JPY currency pair continue to move within the development of the correction and the descending channel. At the time of the publication of the forecast, the US Dollar to Japanese Yen exchange rate is 153.57. 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 US Dollar buyers and a potential continuation of price growth from the current levels. As part of the forecast of the Japanese Yen exchange rate for December 19, 2024, we should expect an…

Brent oil quotes Brent crude oil quotes continue to move within the framework of the decline development and the beginning of the formation of the “Triangle” pattern. At the time of the forecast publication, the price of Brent crude oil is 73.20 dollars per barrel. Moving averages indicate the presence of a short-term bullish trend for oil. Prices have broken 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…

Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the growth and bullish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.4321. 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 price pair growth in the near future. At the moment, it is worth considering an attempt to develop a bearish correction in the Canadian Dollar price and a test of the support…

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 2639 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 2665 area. From where we…

The quotes of XAG/USD continue to move within the framework of the development of the fall and the descending channel. At the time of publication of the forecast, the Silver price is 30.40. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from sellers and a potential continuation of the fall in price from the 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 30.55 area. From where we should expect…