XAU/USD quotes continue to move within the framework of growth development and the beginning of the implementation of the “Triangle” pattern. At the time of publication of the forecast, the price of Gold for today is 2675 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 upwards, which indicates pressure from asset buyers and potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a decline and a test of the support level near the 2665 area.…
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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.
The quotes of XAG/USD continue to move within the framework of the development of growth and a bullish channel. At the time of publication of the forecast, the price of Silver is 31.80. 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 a decline in the cost of metal and a test of the support level near the 31.35 area. Where should we expect…
The quotes of the currency pair NZD/USD continue 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 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 0.5815. At the moment, we should expect an attempt to…
The USD/CHF currency pair continues to move within the development of the correction and bullish channel. At the time of the publication of the Forex forecast, the US Dollar to Swiss Franc exchange rate is 0.8804. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from buyers and potential continued growth in the asset value from current levels. At the moment, we should expect an attempt to develop a correction of the US Dollar against the Swiss Franc and a test of the support…
BTC/USD quotes are trading at 97548 and continue to move within the development of the correction and the 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 downwards, which indicates pressure from sellers of “Digital Gold” and potential continued growth in the asset’s value from current levels. As part of the cryptocurrency rate forecast for tomorrow, December 11, 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 94505…
ETH/USD are trading at 3697 and continue to move within the development of a bearish correction and a bullish channel. Moving averages indicate the presence of a short-term upward trend in Ether. Prices are testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the decline in the value of the asset from the current levels. At the moment, we should expect an attempt to develop a bearish correction in the value of the coin and a test of the support level near the 3445 area. From where we should again expect an…
The Euro/Dollar currency pair EUR/USD continues to move within the framework of growth development and the beginning of the implementation of the “Head and Shoulders” reversal model. The 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 of the European currency and a potential continuation of the growth of 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 1.0555. As part of the Forex…
The Pound/Dollar GBP/USD currency pair continues to move within the growth and the formation of the descending “Wolfe Wave” model. At the time of the forecast publication, the Pound to US Dollar exchange rate on Forex is 1.2767. The moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and potential continuation of the instrument’s growth. 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 currency pair Australian Dollar to US Dollar (AUDUSD) continues to move within the growth and formation of the reversal pattern “Head and Shoulders”. The 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 from the current levels. At the time of publication of the forecast, the Australian Dollar to the US Dollar exchange rate is 0.6440. At the moment, we should expect an attempt to develop…
The quotes of the USD/JPY currency pair continue to move within the framework of the growth development and the formation of the descending “Wolfe Wave” model. At the time of the forecast publication, the US Dollar to Japanese Yen exchange rate is 150.44. 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 upwards, which indicates pressure from US Dollar buyers and a potential continuation of price growth from the current levels. As part of the Japanese Yen exchange rate forecast for December 10, 2024, we…