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 1.3783. Moving averages indicate the presence of a short-term upward trend in the pair. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall of the price pair in the near future. At the moment, it is worth considering an attempt to develop a fall in the price of the…
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 growth and a bullish channel. At the time of publication of the forecast, the price of Gold today is 2416 Dollars per Troy Ounce. 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 asset and a potential continuation of growth from current levels. At the moment, we can expect an attempt to develop a bearish correction and a test of the support level near the 2375 area. From where we can expect a…
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 29.30. 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.…
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 0.5937. 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 0.8854. 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 rate against the Swiss Franc and…
BTC/USD quotes are trading at 66429 and continue to move within the growth and bullish channel. Moving averages indicate a short-term upward trend in Bitcoin. Prices are again testing the area between the signal lines, which indicates pressure from buyers of Digital Gold and a potential continuation of the growth in the value of the asset from current levels. As part of the forecast for the cryptocurrency rate for tomorrow, July 25, 2024, we should expect an attempt to develop a bearish correction in the value of the digital asset and a test of the support level near the area…
ETH/USD are trading at 3459 and continue to move as part of the development of the correction and bullish channel. Moving averages indicate a short-term upward trend for Ethereum. Prices are again testing the area between the signal lines, 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 3315 area. From where we can again expect a rebound in prices and…
Stock index S&P 500 continue to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. Moving averages indicate a short-term bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and the 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 5553. At the moment, we can expect an attempt to develop growth and a test of the resistance level near…
Solana is trading at the time of publication of the forecast at 177.09, continuing to move as part of the development of growth 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 25, 2024, it is worth considering an attempt to develop a bearish correction in the value of a digital asset and a test of the…
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 1.0851. As part of the Forex forecast for July 24, 2024, we should expect an attempt to…