XAU/USD quotes continue to move within the growth and bullish channel. At the time of publication of the forecast, the price of Gold today is 2440 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 2405 area. From where we can expect a rebound upward and a continued…
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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 XAG/USD continue to move as part of the development of the correction and bullish channel. At the time of publication of the forecast, the price of Silver is 30.85. Moving averages indicate an upward trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of price growth from current levels. At the moment, we should expect an attempt to develop a decline in the value of the metal and a test of the support level near the 29.70 area. Where can we expect a rebound upward…
The quotes of the currency pair NZD/USD continue to move as part of the development of the correction and the formation of the bullish Wolfe Wave pattern. Moving averages indicate a short-term bullish 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 0.6067. At the moment, we…
The USD/CHF currency pair continues to move as part of the development of growth and the formation of a downward “Wolfe Wave” pattern. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc rate is 0.8956. 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…
BTC/USD quotes are trading at 63464 and continue to move within the framework of growth and have left the limits of the downward channel. Moving averages indicate a short-term bearish 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 17, 2024, we should expect an attempt to develop a correction in the value of the digital asset and a test of the…
ETH/USD are trading at 3407 and continue to move as part of the development of growth and have left the limits of the downward channel. Moving averages indicate a short-term downward trend for Ethereum. 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 3255 area. From where we can again…
Stock index S&P 500 continue to move within the framework of a sideways correction and a bullish channel. Moving averages indicate a short-term upward 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 5690. At the moment, we can expect an attempt to develop a correction and a test of the support level near the area…
The Euro/Dollar currency pair EUR/USD continues to move as part of the development of aggressive growth and the completion of the formation of a large “Head and Shoulders” reversal pattern. 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 1.0911. As part of the Forex forecast for…
The Pound/Dollar GBP/USD currency pair continues to move as part of the development of strong growth and a bullish channel channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2979. 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 strong growth and an ascending channel. 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 a potential continuation of the growth 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 0.6777. At the moment, we should expect an attempt to develop a correction and test the…