The currency pair Pound/Dollar GBP/USD ends the trading week within the framework of the growth development and the ascending channel near the level of 1.2694. The moving averages indicate the presence of an upward trend. Prices have broken through the area between the signal lines, which indicates pressure from sellers and a potential continuation of the decline in the British Pound against the US Dollar exchange rate from the current levels. At this point, we should expect an attempt to develop a fall and a test of the support area near the level of 1.2465. Next, an upward rebound 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.
The currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the 0.6374 area. The pair continues to move within the development of the correction and the bullish channel. The moving averages indicate a bearish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from asset sellers and a potential continuation of the fall in the value of the currency pair. At the moment, we should expect an attempt to develop a decline and test the support area near the 0.6295 level. Then, an upward rebound and continued growth of AUD/USD…
The currency pair Canadian Dollar to US Dollar USD/CAD ends the trading week with growth within the bullish channel. The moving averages indicate an upward 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 growth in the near future. At the moment, we should expect an attempt to develop an increase and test the resistance level near the 1.4175 area. Then, a rebound downwards and a continuation of the fall in quotes with a target below the level of 1.3725. USD/CAD Forecast and Analysis…
Quotes of the currency pair Dollar/Yen USD/JPY are ending the trading week near the 150.00 area. Moving averages indicate a bullish trend. Prices are testing the area between the signal lines again, indicating pressure from US dollar buyers and potential continued growth from current levels. At the moment, we should expect an attempt to develop a price rise and test the resistance level near the 152.05 area. Then, a rebound downwards and continued fall of the pair to the area below the 142.75 level. USD/JPY Forecast and Analysis December 9 — 13, 2024 An additional signal in favor of the…
GOLD ends the trading week with growth near the 2637 area. XAU/USD quotes continue to move within the correction and the ascending channel. Moving averages indicate a bullish trend for Gold. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continuation of price growth. At the moment, we should expect an attempt to develop a price decline and a test of the support level near the 2545 area. Next, a price rebound upwards and continuation of XAUUSD growth with a potential target above the 2965 level. GOLD Forecast and Analysis December…
Quotes of the currency pair New Zealand Dollar are ending the trading week with a fall near the 0.5824 level and are moving within the descending channel. Moving averages indicate a bearish trend for the pair. 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 from the current levels on the market. At the moment, we should expect an attempt to develop a decline in the currency pair on Forex and a test of the support area near the level of 0.5765.…
Currency pair Dollar Franc USD/CHF ends the trading week near the level of 0.8783. The pair continues to move within the framework of the development of the decline and the formation of the “Triangle” model. The moving averages indicate the presence of a downward trend. Prices are testing the area between the signal lines, which indicates pressure from sellers of the American currency and a potential continuation of the instrument’s fall from the current levels. At the moment, we should expect an attempt to develop price growth and a test of the resistance area near the level of 0.8895. Next,…
Bitcoin BTC/USD ends the trading week at the level of 99301 and continues to move within the framework of the growth and bullish channel development. Moving averages indicate the presence of an upward trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from asset buyers and potential continued growth of asset quotes. At the moment, we should expect an attempt to develop a bearish correction in the coin price and a test of the support area near the level of 92505. From where we should again expect an upward rebound and continued growth of…
Ethereum ETH/USD ends the trading week at 4022 and continues to move within the growth and bullish channel. Moving averages indicate a bullish trend for ETH/USD. Prices have broken through the area between the signal lines upwards, which indicates pressure from cryptocurrency buyers and potential continued growth from current levels. At the moment, we should expect an attempt to develop a price decline and a test of the support level near the 3485 area. From where we should again expect an upward rebound and continued growth of the rate and cost of Ethereum with a potential target above the level…
Quotes of Silver XAG/USD end the trading week near the area of 31.09. Quotes continue to move within the development of the correction and the bullish channel. Moving averages indicate the presence of an upward trend for the asset. Prices are testing the area between the signal lines, which indicates pressure from metal buyers and potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a bearish correction in the asset value and a test of the support level near the 30.10 area. Next, the continuation of the growth of the Silver…