The currency pair Australian Dollar to US Dollar (AUD/USD) continues to move as part of the development of the correction and bullish channel. 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 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 0.6680. At the moment, we should expect an attempt to develop a correction and test the support area…
Author: forex24pro
The quotes of the USD/JPY currency pair continue to move as part of the development of growth and the formation of a “Double Bottom” reversal pattern. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 144.51. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the US Dollar and a potential continuation of the fall in prices from current levels. As part of the Japanese Yen exchange rate forecast for January 10, 2024, we should…
The quotes for Brent continue to move as part of the development of a correction and a bearish channel. At the time of publication of the forecast, the price of Brent oil is $76.32 per barrel. Moving averages indicate a short-term bearish trend in oil. Prices have broken through the area between the signal lines downwards, 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 bullish correction and a test of the resistance level…
The currency pair USD/CAD continues to move as part of the development of growth and a bearish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3383. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall of the price pair in the near future. At the moment, it is worth considering an attempt to develop a price decline and a test of the support level near the 1.3305…
The quotes of XAU/USD continue to move within the bearish correction and bullish channel. At the time of publication of the forecast, the price of Gold is 2021 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 decline and a test of the support level near the 2015 area. From where we can expect a rebound upward and continued growth in the…
The quotes of XAG/USD continue to move as part of the development of the fall and the completion of the formation of the “Head and Shoulders” reversal pattern. At the time of publication of the forecast, prices for Silver are 22.87. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers and a potential continuation of the fall in value from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the metal and a test of the resistance…
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 are again testing the area between the signal lines, 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 0.6185. At the moment, we should expect an attempt to develop…
The USD/CHF currency pair continues to move within the correction and downward channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc rate is 0.8502. 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 Swiss Franc and a test of the resistance…
BTC/USD quotes are trading at 45048 and continue to move within the growth and bullish channel. 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 the fall in the value of the asset from current levels. As part of the cryptocurrency rate forecast for tomorrow, January 10, 2024, we should expect an attempt to develop a correction in the value of the digital asset and a test of the support level near the 42405 area. From…
ETH/USD quotes are trading at 2260 and continue to move as part of the development of the correction and bullish channel. Moving averages indicate a short-term bullish trend for Ether. Prices are again testing the area between the signal lines, 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 bullish correction in the value of the coin and a test of the support level near the 2135 area. From where we can again expect a rebound in prices…