The quotes of XAG/USD continue to move as part of the development of the correction and bullish channel. At the time of publication of the forecast, prices for Silver are 30.65. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of price growth from current levels. At the moment, we should expect an attempt to develop a decline in the value of the metal and a test of the support level near the 29.85 area. Where can we expect an upward rebound and continued…
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 quotes of the currency pair NZD/USD continue to move as part of the development of growth 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 0.6180. At the moment, we should expect an attempt to develop…
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 0.8964. 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 68975 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 cryptocurrency rate forecast for tomorrow, June 5, 2024, we should expect an attempt to develop a fall in the value of the digital asset and a test of the support level near…
ETH/USD are trading at 3767 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 area of 3705. From where we can again…
Toncoin is trading at the time of publication of the forecast at 6.74, continuing to move within the growth 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 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 6.65. From where again a rebound is expected and…
Notcoin is trading at the time of publication of the forecast at the level of 0.0238, continuing to move within the growth 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 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 level of 0.0230. From where again…
SHIBA INU is trading at the time of publication of the forecast at the level of 0.00002388, continues to move within the fall and has left the bullish correction channel. Moving averages indicate a short-term bullish trend for the coin. Prices have broken through the area with downward signal lines, which indicates pressure from sellers of the coin and a potential continuation of the fall from current levels. As part of the SHIB/USD rate forecast, it is worth considering an attempt to develop a bullish correction in the value of a digital asset and a test of the resistance area…
The Euro/Dollar currency pair EUR/USD continues to move as part of the development of growth and a downward 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 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 1.0852. As part of the Forex forecast for June 4, 2024, we should expect an attempt to develop price growth…
The Pound/Dollar GBP/USD currency pair continues to move as part of the development of growth and the formation of the “Head and Shoulders” reversal pattern. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2735. 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…