Author: forex24pro

Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the development of a decline and a bullish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3662. 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 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 price decline and a test of the…

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 is 2319 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 2355 area. From where we can expect…

The quotes of XAG/USD continue to move as part of the development of the correction and have left the bullish channel. At the time of publication of the forecast, prices for Silver are 29.59. 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 rise in the value of the metal and a test of the resistance level near the 30.35 area. Where can we…

The quotes of the currency pair NZD/USD continue to move as part of the development of the correction and the formation of the “Triangle” pattern. Moving averages indicate a short-term bullish trend for the pair. Prices are again testing the area between the signal lines upward, which indicates pressure from buyers of the currency pair and a potential continuation of the rise 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 0.6110. At the moment, we should expect…

The USD/CHF currency pair continues to move as part of the development of a bullish correction and a downward channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc rate is 0.8945. Moving averages indicate a short-term bearish trend for the pair. 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. At the moment, we should expect an attempt to develop a bullish correction of the US Dollar against the Swiss Franc…

BTC/USD quotes are trading at 61625 and continue to move within a strong fall and bearish channel. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have broken through the area between the signal lines downwards, 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, June 26, 2024, we should expect an attempt to develop growth in the value of the digital asset and a test of the resistance level near the 62055 area. From…

ETH/USD are trading at 3407 and continue to move as part of the development of a bullish correction and a 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 ​​3465. From where we can again expect…

The Euro/Dollar currency pair EUR/USD continues to move as part of the development of a correction and the formation of a “Double Bottom” reversal pattern. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, 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 1.0722. As part of the Forex forecast for June 25, 2024, we should expect…

The Pound/Dollar GBP/USD currency pair continues to move as part of the development of growth and the beginning of the development of the bullish “Wolfe Wave” model. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2663. Moving averages indicate a short-term bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the currency pair and a potential continuation of the instrument’s fall. At the moment, we should expect an attempt to develop the growth rate of the British Pound against the American…

The currency pair Australian Dollar to US Dollar (AUD/USD) continues to move as part of the development of the correction and the formation of the “Triangle” pattern. Moving averages indicate a short-term bullish trend. Prices have broken through the area between the signal lines upward, 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 0.6646. At the moment, we should expect an attempt to develop a decline…