BTC/USD quotes are trading at 67680 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, May 31, 2024, we should expect an attempt to develop a fall in the value of the digital asset and a test of the support…
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.
ETH/USD are trading at 3724 and continue to move as part of the development of the correction and bullish channel. Moving averages indicate a short-term bearish 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 area of 3585. From where we can again expect a rebound in…
SHIBA INU is trading at the time of publication of the forecast at the level of 0.00002663, they continue to move as part of the correction and the formation of the “Wedge” reversal pattern. 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 SHIB/USD rate forecast, it is worth considering an attempt to develop a bearish correction in the value of a digital asset and a test of the support area near…
Toncoin is trading at the time of publication of the forecast at the level of 6.5335, 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 minor correction in the value of a digital asset and a test of the support area near the level of 6.4005. From…
Solana is trading at the time of publication of the forecast at the level of 168.41, continuing to move within the correction and bullish channel. Moving averages indicate a short-term bullish trend for the coin. Prices are testing the area with signal lines, which indicates pressure from coin buyers and potential continued growth from current levels. As part of the SOL/USD exchange 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 165.65. From where again a rebound is…
The Euro/Dollar currency pair EUR/USD continues to move as part of the development of the fall and has left the bullish channel. There is still potential for the formation of a Double Top reversal pattern. 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 European currency and a potential continuation of growth 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 1.0843. As part of…
The Pound/Dollar GBP/USD currency pair continues to move as part of the development of growth and the formation of the “Wedge” reversal pattern. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2744. Moving averages indicate a short-term 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 of the instrument. At the moment, we should expect an attempt to develop the growth rate of the British Pound against the American Dollar and a test…
The currency pair Australian Dollar to US Dollar (AUD/USD) continues to move as part of the development of the fall and the completion of the formation of the “Head and Shoulders” pattern. Moving averages indicate a short-term bullish trend. 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 forecast, the Australian Dollar to US Dollar exchange rate is 0.6632. At the moment, we should expect an…
The quotes of the USD/JPY currency pair continue to move as part of the development of the bullish impulse and the development of the “Triangle” pattern. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 157.26. 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 rate on May 30, 2024, we should…
Brent oil quotes continue to move within the framework of growth development and have left the bearish channel. At the time of publication of the forecast, the price of Brent oil is $84.52 per barrel. Moving averages indicate a short-term bearish trend in 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 fall and test the support level near the area of 82.45…