The quotes of the currency pair NZD/USD continue to move as part of the development of a correction and a 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 0.6137. At the moment, we should expect an attempt to…
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 USD/CHF currency pair continues to move as part of the fall and the formation of a “Double Top” reversal pattern. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc rate is 0.9018. 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 bullish correction of the US Dollar against the…
BTC/USD quotes are trading at 69022 and continue to move as part of the growth and formation of the “Triangle” pattern. Moving averages indicate a short-term bullish 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 forecast for the cryptocurrency rate for tomorrow, June 4, 2024, we should expect an attempt to develop a fall in the value of the digital asset and a test of the support…
ETH/USD are trading at the level of 3827 and 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 Ether. 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 3695 area. From where we…
Toncoin is trading at the time of publication of the forecast at the level of 6.6415, continuing to move within the framework of growth and a bullish channel. Moving averages indicate a short-term bullish trend for the coin. Prices have broken through the area with upward signal lines, which indicates pressure from coin buyers and potential continued growth from current levels. As part of the TON/USD exchange rate forecast, it is worth considering an attempt to develop a fall in the value of a digital asset and a test of the support area near the level of 6.6005. From where…
Notcoin is trading at the time of publication of the forecast at the level of 0.0209, they continue to move within the framework of a bearish correction and a bullish channel. Moving averages indicate a short-term bullish trend for the coin. Prices have broken through the area with upward signal lines, which indicates pressure from coin buyers and potential continued growth from current levels. As part of the NOT/USD exchange rate forecast, it is worth considering an attempt to develop a minor bearish correction in the value of a digital asset and a test of the support area near the…
The Euro/Dollar currency pair EUR/USD ends the trading week with growth near the 1.0818 area. Moving averages indicate a bearish trend for the pair. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the European currency and a likely continuation of growth from current levels. As part of the Euro exchange rate forecast for the trading week, we should expect an attempt to develop the quotes of the EUR/USD pair and a test of the resistance area near the level of 1.1015. Where is the expected rebound downwards and the continuation of…
BRENT oil quotes end the trading week near the area of 81.82 dollars per barrel. The potential for the formation of a “Triangle” model remains. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from commodity sellers and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop a fall and test the support area near the level of 79.75. Then, it is worth considering a rebound upward and continued growth of oil to the area above the level of…
The Pound/Dollar GBP/USD currency pair ends the trading week as part of growth development near the level of 1.2715. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of the growth of the British Pound against the US Dollar from current levels. At this point, we should expect an attempt to develop a rise and test the resistance area near the level of 1.2755. Next, a rebound downwards and a continuation of the fall of Pound/Dollar quotes to the area below the level…
The currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the 0.6635 area. The pair continues to move as part of the development of a bullish correction and a downward channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continued growth in the value of the currency pair. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 0.6675. Then, a rebound…