BTC/USD quotes are trading at 57130 and continue to move within the development of growth and a bullish channel. 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 fall in the value of the asset from the current levels. As part of the cryptocurrency rate forecast for tomorrow, September 11, 2024, we should expect an attempt to develop a bearish correction in the value of the digital asset and a test of…
Author: forex24pro
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.
ETH/USD are trading at 2348 and continue to move within the framework of the development of a bullish correction and a descending channel. Moving averages indicate 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 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 2375 area. From where we should again expect a downward price rebound and a continuation…
Stock index S&P 500 continue to move within the fall and descending channel. 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 asset sellers and a potential continuation of the fall of the stock index on the market from the current levels. At the time of the forecast publication, the index is trading at 5473. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance level near the 5525 area. From where we should expect…
The Euro/Dollar currency pair EUR/USD continues to move within the development of a bearish correction and a 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, 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 1.1085. Within the framework of the Forex forecast for September 10, 2024, we should expect…
The Pound/Dollar GBP/USD currency pair continues to move within the framework of the development of growth and a bullish channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.3129. Moving averages indicate the presence of a short-term bullish trend. Prices broke through the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continuation of the instrument’s growth. At the moment, we should expect an attempt to develop a correction in the British Pound against the US Dollar exchange rate and a…
The currency pair Australian Dollar to US Dollar (AUDUSD) continues to move within the development of the correction and the formation of the bullish pattern “Wolfe Wave”. 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 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 0.6667. At the moment, we should expect…
The quotes of the USD/JPY currency pair continue to move within the framework of the development of the fall and the beginning of the development of the “Triangle” pattern. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 142.31. 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 US Dollar and a potential continuation of the fall in prices from the current levels. As part of the forecast of the…
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 71.52 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 growth development and has left the bearish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3570. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines again, indicating pressure from buyers and potential continued growth of the pair in the near future. At the moment, it is worth considering an attempt to develop a decline in the Canadian Dollar price and test the support level near the…
XAU/USD quotes continue to move within the development of the fall and have left the bullish channel. At the time of publication of the forecast, the price of Gold for today is 2496 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 the current levels. At the moment, we should expect an attempt to develop a bearish correction and a test of the support level near the 2475 area. From where we…