XAU/USD quotes continue to move as part of the development of a bullish correction and the formation of a “Triangle” pattern. At the time of publication of the forecast, the price of Gold today is 2355 Dollars per Troy Ounce. 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 growth 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 2365 area. From…
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 XAG/USD continue to move as part of the development of a strong bullish correction and have left the bullish channel. At the time of publication of the forecast, the price of Silver is 30.29. Moving averages indicate a bearish 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 rise in the value of the metal and a test of the resistance level near the area of 30.75. Where…
The quotes of the currency pair NZD/USD continue to move as part of the development of the rise and the bullish channel. Moving averages indicate a short-term bullish trend for the pair. 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 Forex forecast, the exchange rate of the New Zealand Dollar to the US Dollar is 0.6115. At the moment, we should expect an attempt to…
The USD/CHF currency pair continues to move as part of the development of the growth of the bearish channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc rate is 0.9032. 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 the growth of the US Dollar against the Swiss Franc and test…
BTC/USD quotes are trading at 58766 and continue to move within the fall and downward channel. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have broken through the area between the signal lines, 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 5, 2024, we should expect an attempt to develop an increase in the value of the digital asset and a test of the resistance level near the 60205 area. From where…
ETH/USD are trading at 3201 and continue to move as part of the development of the fall and the bearish channel. Moving averages indicate a short-term downward trend for Ethereum. 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 area of 3385. From where we can again expect a…
The Euro/Dollar currency pair EUR/USD continues to move as part of the development of growth and the beginning of the “Triangle” model. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal signals, which indicates pressure from sellers of the European currency and a potential continuation of the fall 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 1.0753. As part of the Forex forecast for July 4, 2024, we should expect an attempt…
The Pound/Dollar GBP/USD currency pair continues to move as part of the development of the rise and the bullish channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2694. 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 instrument’s decline. At the moment, we should expect an attempt to develop the growth rate of the British Pound against the American Dollar and test the support area…
The currency pair Australian Dollar to US Dollar (AUDUSD) continues to move as part of the development of the rise and the formation of the “Triangle” 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 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 0.6669. At the moment, we should expect an attempt to develop a decline and…
The quotes of the USD/JPY currency pair continue 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 Japanese Yen exchange rate is 161.87. Moving averages indicate a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the US Dollar and a potential continuation of price growth from current levels. As part of the Japanese Yen exchange rate forecast for July 4, 2024, we should expect an attempt to develop a…