Author: forex24pro

The Notcoin NOT/USD cryptocurrency is completing the trading week as part of a correction and the formation of a “Head and Shoulders” reversal pattern. At the time of publication of the forecast, the Notcoin rate is 0.0185. Moving averages indicate a short-term bearish trend for the coin. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset from current levels. As part of the technical analysis of Notcoin, we should expect an attempt to develop a bearish correction in the coin’s rate…

BNB/USD quotes are trading at 604 and continue to move within the correction and bullish channel. Moving averages indicate a short-term upward trend for Binance Coin. Prices have broken through the area between the signal lines upward, 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 small correction in the value of the digital asset and a test of the resistance level near the 485 area. From where we can again expect a rebound upward and continued growth in the…

The Euro/Dollar currency pair EUR/USD continues to move as part of the development of the fall and the formation of the “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 lines downwards, 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 US Dollar exchange rate is 1.0805. As part of the Forex forecast for June 14, 2024, we…

The Pound/Dollar GBP/USD currency pair continues to move as part of the development of the correction and bullish channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2791. 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 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 area near the…

The currency pair Australian Dollar to US Dollar (AUD/USD) continues to move as part of the development of the correction and bullish 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 0.6648. At the moment, we should expect an attempt to develop a fall and test the support…

The quotes of the USD/JPY currency pair continue to move as part of the development of a correction and a bullish channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 157.23. 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 forecast for the Japanese Yen exchange rate for June 14, 2024, we should expect an attempt…

Brent oil quotes continue to move within the development of growth and a bearish channel. At the time of publication of the forecast, the price of Brent oil is $82.26 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are again testing the area between the signal lines, 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 decline and test the support level near the area of ​​81.65 dollars per barrel.…

Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the development of growth and the formation of a “Head and Shoulders” reversal pattern. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3738. 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 purchases 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 price growth and…

XAU/USD quotes continue to move as part of the development of the correction and bearish channel. At the time of publication of the forecast, the price of Gold is 2315 Dollars per Troy Ounce. 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 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 2340 area. From where we can expect a…

The quotes of XAG/USD continue to move as part of the development of the correction and the formation of the “Wedge” reversal pattern. At the time of publication of the forecast, prices for Silver are 29.29. Moving averages indicate a bullish 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. Where…