The quotes of XAG/USD continue to move as part of the development of a bearish correction and the formation of the “Triangle” pattern. At the time of publication of the forecast, the price of Silver is 29.11. 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 a decline in the price of the metal and a test of the support level near the 28.65 area.…
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.
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 0.5956. At the moment, we should expect an attempt to…
The USD/CHF currency pair continues to move as part of the development of a bullish correction and a downward channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc rate is 0.8916. Moving averages indicate a short-term bearish trend for the pair. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of growth 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 against the Swiss Franc and…
BTC/USD quotes are trading at 66873 and continue to move within the framework of growth and have left the limits of the downward channel. Moving averages indicate a short-term bullish trend for Bitcoin. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of Digital Gold and a potential continuation of growth in the value of the asset from current levels. As part of the cryptocurrency rate forecast for tomorrow, July 24, 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 3470 and continue to move as part of the development of growth and have left the limits of the downward correction channel. Moving averages indicate a short-term bullish trend for Ether. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of growth in the value of the asset from current levels. At the moment, we can expect an attempt to develop a bearish correction in the value of the coin and a test of the support level near the 3245 area. From where we can…
Stock index S&P 500 continue to move within the correction and bullish channel. Moving averages indicate a short-term bearish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continuation of the growth 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 5621. At the moment, we can expect an attempt to develop a correction and a test of the support level near the 5600 area. From where we can…
The Euro/Dollar currency pair EUR/USD continues to move as part of the development of the correction and bullish channel. Moving averages indicate a short-term bullish trend for the pair. Prices have broken through the area between the signal signals upward, 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 1.0883. As part of the Forex forecast for July 23, 2024, we should expect an attempt to develop a…
The Pound/Dollar GBP/USD currency pair continues to move as part of the development of a bearish correction and a bullish channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2912. Moving averages indicate a short-term bullish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the currency pair and potential continued growth of the instrument. At the moment, we should expect an attempt to develop a depreciation of the British Pound against the American Dollar and a test of the support…
The currency pair Australian Dollar to US Dollar (AUDUSD) continues to move as part of the development of the fall and has left the ascending channel. Moving averages indicate a short-term 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 fall in the value of the instrument from current levels. At the time of publication of the forecast, the Australian Dollar to US Dollar exchange rate is 0.6638. At the moment, we should expect an attempt to develop growth and test…
The quotes of the USD/JPY currency pair continue to move as part of the development of a decline and a downward channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 156.95. 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 US Dollar and a potential continuation of the fall in prices from current levels. As part of the Japanese Yen exchange rate forecast for July 23, 2024, we should expect an attempt…