The currency pair Canadian Dollar to US Dollar USD/CAD ends the trading week with a fall near the level of 1.3666. The pair continues to move as part of the development of growth and the formation of the “Triangle” pattern. Moving averages indicate a 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 in the near future. At the moment, we should expect an attempt to develop a decline and test the support level near the 1.3465 area. Then, a rebound upward and…
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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.
Quotes of the currency pair Dollar/Yen USD/JPY complete the trading week with a correction near the area of 156.89. The pair continues to move within the growth and bullish channel. Moving averages indicate a bullish trend. 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 growth from current levels. At the moment, we should expect an attempt to develop a price correction and a test of the support level near the 155.65 area. Then, a rebound upward and continued growth of the pair to…
Gold ends the trading week with growth near the 2343 area. XAU/USD quotes continue to move within the growth and bullish channel. Moving averages indicate a bullish trend in Gold. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of price growth. At the moment, we should expect an attempt to develop a price correction and a test of the support level near the 2205 area. Next, a rebound in prices and continued growth of Gold with a potential target above the level of 2675. GOLD Forecast June 3…
Quotes of the currency pair New Zealand Dollar are completing the trading week as part of the development of a bullish correction near the level of 0.6129. 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 currency pair and a potential continuation of growth from current levels in the market. At the moment, we should expect an attempt to develop a rise in the currency pair on Forex and a test of the resistance area near the level of 0.6145. Then, a…
Currency pair Dollar Franc USD/CHF ends the trading week near the level of 0.9051. The pair continues to move within the development of growth and a bullish channel. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the American currency and a potential continuation of the instrument’s growth from current levels. At the moment, we should expect an attempt to develop a price fall and a test of the support area near the level of 0.8765. Next, a rebound upwards and an attempt to continue the…
Bitcoin BTC/USD ends the trading week at the level of 68407 and continues to move as part of the development of growth and a bullish channel. Moving averages indicate a bullish 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 asset’s quotes. At the moment, we can expect an attempt to develop a correction in the price of the coin and a test of the support area near the level of 64105. From where we can again expect a rebound upward and…
Ethereum ETH/USD ends the trading week at 3745 and continues to move within the growth and bullish channel. Moving averages indicate a bullish trend for ETH/USD. Prices have broken through the area between the signal lines upward, which indicates pressure from cryptocurrency buyers and potential continued growth from current levels. At the moment, we can expect an attempt to develop a price decline and a test of the support level near the 3195 area. From where we can again expect a rebound upward and continued growth in the rate and value of Ethereum with a potential target above the level…
Quotes of Silver XAG/USD end the trading week near the 31.05 area. Quotes continue to move within the growth and bullish channel. Moving averages indicate a bullish trend for an asset. Prices have broken through the area between the signal lines upward, which indicates pressure from metal buyers and potential continued growth from current levels. At the moment, we should expect an attempt to develop a bearish correction in the value of the asset and a test of the support level near the area of 28.15. Next, the price of Silver will continue to rise with a potential target above…
SOL/USD quotes is trading at the time of publication of the forecast at 166.05, continuing to move within the correction and 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 SOL/USD rate forecast, it is worth considering an attempt to develop a minor correction in the value of a digital asset and a test of the support area near the level of 150.65. From where again a rebound is expected…
Quotes of the S&P 500 stock index continue to move within the growth and 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 5243. At the moment, we can expect an attempt to develop a correction and a test of the support level near the 5045 area. From…