Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the development of growth and a bullish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3842. Moving averages indicate the presence of a short-term upward trend in the pair. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers and the potential continued growth of the price pair in the near future. At the moment, it is worth considering an attempt to develop a decline in the price of the Canadian…
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.
XAU/USD quotes continue to move as part of the development of the fall and the downward channel. At the time of publication of the forecast, the price of Gold today is 2363 Dollars per Troy Ounce. Moving averages indicate a short-term downward trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we can expect an attempt to develop a bullish correction and a test of the resistance level near the 2375 area. From where we can…
The quotes of XAG/USD continue to move as part of the development of the fall and the downward channel. At the time of publication of the forecast, the price of Silver is 27.52. Moving averages indicate an upward trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers and a potential continuation of the fall in value from current levels. At the moment, we should expect an attempt to develop growth in the value of the metal and a test of the resistance level near the area of 28.15. Where can we expect…
The quotes of the currency pair NZD/USD continue to move as part of the development of the fall and the downward channel. 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 of the currency pair and a potential continuation of the decline in the value of the instrument from current levels. At the time of publication of the Forex forecast, the exchange rate of the New Zealand Dollar to the US Dollar is 0.5896. At the moment, we should expect an attempt to…
The USD/CHF currency pair continues to move as part of the development of the fall and the downward channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc rate is 0.8784. 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 fall in the value of the asset from current levels. At the moment, we should expect an attempt to develop a rise in the US Dollar rate against the Swiss Franc…
BTC/USD quotes are trading at 64233 and continue to move as part of the development of a bearish correction and a bullish channel. Moving averages indicate a short-term upward trend in 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 current levels. As part of the cryptocurrency rate forecast for tomorrow, July 26, 2024, we should expect an attempt to develop a bearish correction in the value of the digital asset and a test of…
ETH/USD are trading at 3181 and continue to move as part of the development of a strong fall and a downward 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 fall in the value of the asset from current levels. At the moment, we can expect an attempt to develop a bullish correction in the value of the coin and a test of the resistance level near the 3215 area. From where we can again expect a…
Stock index S&P 500 continue to move as part of the fall and the beginning of the “Head and Shoulders” reversal pattern. Moving averages indicate a short-term downward trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the asset and a potential continuation of the fall of the stock index in the market from current levels. At the time of publication of the forecast, the index is trading at the level of 5553. At the moment, we can expect an attempt to develop a bullish correction and a test of the…
Solana s trading at the time of publication of the forecast at the level of 169.35, continuing to move as part of the development of a minor correction and a bullish channel. Moving averages indicate the presence of a short-term upward trend in the coin. Prices have broken through the area between the signal lines upward, which indicates pressure from coin buyers and potential continued growth from current levels. As part of the Solana exchange rate forecast for today, July 26, 2024, it is worth considering an attempt to develop a bearish correction in the value of a digital asset…
The Euro/Dollar currency pair EUR/USD continues to move as part of the development of a bearish correction and a bullish channel. Moving averages indicate a short-term bullish trend for the pair. Prices are once again testing the area between the signal signals, which indicates pressure from buyers of the European currency and a potential continuation of growth in quotes of the asset pair from current levels. At the time of publication of the forecast, the Euro to Dollar exchange rate for today is 1.0847. As part of the Forex forecast for July 25, 2024, we should expect an attempt to…