The quotes of XAU/USD continue to move as part of the development of the correction and the ascending channel. At the time of publication of the forecast, the price of Gold is 2317 Dollars per Troy Ounce. Moving averages indicate a short-term bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and potential continued growth from current levels. At the moment, we should expect an attempt to develop a bearish correction and a test of the support level near the 2295 area. From where we can expect a rebound…
Author: forex24pro
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 30.06. 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 area of 29.25. Where can we expect an upward rebound and…
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…
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…