Author: forex24pro

Quotes of the S&P 500 stock index are ending the week with a correction within the bullish channel. Moving averages indicate the presence of a short-term upward trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from asset buyers and potential continuation of the stock index growth on the market from the current levels. At the time of the forecast publication, the index is trading at 5478. At the moment, we should expect an attempt to develop a bearish correction and a test of the support level near the 5405 area. From where we…

The Euro/Dollar currency pair EUR/USD continues to move as part of the development of a sideways 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 1.0846. As part of the Forex forecast for July 26, 2024, we should expect an attempt to…

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 1.2870. 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 the downward channel. Moving averages indicate 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 current levels. At the time of publication of the forecast, the Australian Dollar to US Dollar exchange rate is 0.6601. At the moment, we should expect an attempt to develop a bullish correction and a…

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 152.63. 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 26, 2024, we should expect an attempt…

Brent oil quotes continue to move as part of the development of the fall and the bearish channel. At the time of publication of the forecast, the price of Brent oil is $80.12 per barrel. Moving averages indicate a short-term bearish trend in 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 current levels. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance level near…

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…

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…