Author: forex24pro

ETH/USD are trading at 2679 and continue to move within the framework of the development of growth and a bullish channel. Moving averages indicate a short-term upward trend in Ether. Prices have broken through the area between the signal lines upwards, 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 bearish correction in the coin value and a test of the support level near the 2575 area. From where we should again expect an upward price rebound and continued growth in the…

The Euro Dollar EUR/USD currency pair is finishing the trading week as part of the growth development near the level of 1.1171. The moving averages indicate the presence of a 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 probable continuation of growth from the current levels. As part of the Euro exchange rate forecast for the trading week, we should expect an attempt to develop a minor bearish correction in the EUR/USD quotes and a test of the support area near…

BRENT oil quotes are ending the trading week near the area of ​​73.95 dollars per barrel. Moving averages indicate the presence of a bearish trend. Prices broke through the area between the 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 growth and a test of the resistance area near the level of 75.05. Then, it is worth considering a rebound downwards and a continuation of the fall in oil to the area below the level of…

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 1.3319. The 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 a potential continuation of the growth of the British Pound against the US Dollar from the current levels. At this point, we should expect an attempt to develop growth and a test of the resistance area near the level of 1.3395. Next, a rebound downwards and a continuation…

The currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the 0.6813 area. The pair continues to move within the framework of the rise and the formation of the bearish “Wolf Wave” pattern. The moving averages indicate a bullish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from asset buyers and a potential continuation of the growth in the value of the currency pair. At the moment, we should expect an attempt to develop a fall and test the support area near the 0.6865 level. Then, a downward rebound…

The currency pair Canadian Dollar to US Dollar USD/CAD ends the trading week with a decline within the bearish channel. The moving averages indicate a bullish 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 decline in the near future. At the moment, we should expect an attempt to develop growth and a test of the resistance level near the 1.3665 area. Then, a rebound downwards and a continuation of the fall in quotes with a target below the level of 1.3235.…

Quotes of the currency pair Dollar/Yen USD/JPY are ending the trading week near the 143.80 area. The moving averages indicate a bearish trend. 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 from the current levels. At the moment, we should expect an attempt to develop a bullish price correction and a test of the resistance level near the 145.35 area. Then, a rebound downwards and a continuation of the fall of the pair to the area below the level of 134.65.…

GOLD ends the trading week with growth near the 2621 area. XAU/USD quotes continue to move within the growth and bullish 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 correction and test the support level near the 2535 area. Next, a price rebound upwards and continued growth of XAUUSD with a potential target above the 2835 level. GOLD Forecast and Analysis September 23 — 27,…

Quotes of the currency pair New Zealand Dollar are ending the trading week within the framework of an increase near the level of 0.6244 and the formation of the bearish “Wolfe Wave” model. Moving averages indicate a bullish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continuation of growth from the current levels on the market. At the moment, we should expect an attempt to develop the growth of the currency pair on Forex and a test of the resistance area…

Currency pair Dollar Franc USD/CHF ends the trading week near the level of 0.8495. The pair continues to move within the development of the correction and the descending channel. The moving averages indicate the presence of a bearish trend. Prices have broken through the area between the signal lines downwards, 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 0.8545. Next, a rebound downwards and…