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…
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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 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…
The currency pair Pound/Dollar GBP/USD ends the trading week within the development of a fall and a bearish channel near the level of 1.2553. The moving averages indicate the presence of a downward trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers and a potential continuation of the decline in the British Pound against the US Dollar from the current levels. At this point, we should expect an attempt to develop a fall and test the support area near the level of 1.2305. Next, an upward rebound and continued growth of Pound…
The currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the 0.6251 area. The pair continues to move within the development of an aggressive fall and a descending 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 a test of the support area near the 0.6085 level. Then, an upward rebound and continued…
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 1.4405 area. Then, a rebound downwards and a continuation of the fall in quotes with a target below the level of 1.3955. USD/CAD Forecast and Analysis…
Quotes of the currency pair Dollar/Yen USD/JPY are ending the trading week near the 156.63 area. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines upwards, indicating pressure from US dollar buyers and potential continued growth from current levels. At the moment, we should expect an attempt to develop price growth and test the resistance level near the 157.65 area. Then, a downward rebound and continued fall of the pair to the area below the 148.75 level. USD/JPY Forecast and Analysis December 23 — 27, 2024 An additional signal in favor of the…