Author: forex24pro

BTC/USD quotes are trading at 62053 and continue to move within the development of the fall and the descending channel. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices are again testing the area between the signal lines, which indicates pressure from buyers of “Digital Gold” and a potential continuation of the growth of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, October 2, 2024, we should expect an attempt to develop a bearish correction in the value of the digital asset and a test of the support…

ETH/USD are trading at 2503 and continue to move within the development of the fall and have left the bullish channel. Moving averages indicate the presence of a short-term bullish 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 asset’s fall from current levels. At the moment, we should expect an attempt to develop a bullish correction in the coin’s value and a test of the resistance level near the 2595 area. From where we should again expect a downward rebound in prices and…

The Euro/Dollar currency pair EUR/USD continues to move within the development of the correction and the bullish channel. The moving averages indicate the presence of a short-term upward 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 1.1160. Within the framework of the Forex forecast for October 1, 2024, we should expect…

The Pound/Dollar GBP/USD currency pair continues to move within the framework of the development of growth and the formation of the “Wedge” reversal pattern on higher timeframes. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.3380. Moving averages indicate the presence of a short-term bullish trend. Prices are testing the area between the signal lines, 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 the growth of the British Pound against the US…

The currency pair Australian Dollar to US Dollar (AUDUSD) continues to move within the growth and bullish channel. 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 growth 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 0.6926. At the moment, we should expect an attempt to develop a decline and a test of the support area…

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 publication of the forecast, the US Dollar to Japanese Yen exchange rate is 142.95. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the US Dollar and a potential continuation of the fall in prices from the current levels. As part of the forecast of the Japanese Yen exchange rate for October 1, 2024, we should…

Brent oil quotes continue to move within the development of the fall and bearish channel. At the time of publication of the forecast, the price of Brent crude oil is 71.28 dollars per barrel. Moving averages indicate the presence of a short-term bearish 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 attempt to develop growth and a test of the resistance level…

Currency pair US Dollar Canadian Dollar USD/CAD continues 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 US Dollar to Canadian Dollar exchange rate is 1.3507. Moving averages indicate a short-term bearish trend for the pair. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers and a potential continuation of the pair’s decline in the near future. At the moment, it is worth considering an attempt to develop the growth of the Canadian Dollar price and a…

XAU/USD quotes continue to move within the development of a bearish correction and a bullish channel. At the time of publication of the forecast, the price of Gold for today is 2629 Dollars per Troy Ounce. 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 asset buyers and potential continuation of growth from current levels. At the moment, we should expect an attempt to develop a bearish correction and a test of the support level near the 2605 area. From where we should expect…

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 Silver price is 30.95. Moving averages indicate the presence of a bullish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continuation of price growth from 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 29.95 area. Where should we expect an upward…