The quotes of XAU/USD continue to move within the correction and bullish channel. At the time of publication of the forecast, the price of Gold is 2035 Dollars per Troy Ounce. 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 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 2025 area. From where we can expect a rebound downwards and a continuation of the…
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 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 22.96. Moving averages indicate a bullish 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 0.6222. At the moment, we should expect an attempt to develop…
The USD/CHF currency pair continues to move within the framework of the fall and the downward channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc rate is 0.8538. 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…
BTC/USD quotes are trading at 42132 and continue to move within the growth and bullish channel. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are again testing the area between the signal lines, 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 5, 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 41405 area. From where…
ETH/USD quotes are trading at 2195 and continue to move as part of the development of the fall and have left the bullish channel. Moving averages indicate a short-term bullish trend for Ether. 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 can expect an attempt to develop a bullish correction in the value of the coin and a test of the support level near the 2275 area. From where we can again…
The Euro/Dollar currency pair EUR/USD continues to move as part of the development of a strong fall and a bullish channel. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again testing the area between the signal lines upward, which indicates pressure from buyers of the European currency and a potential continuation of the growth of quotes for the asset pair from current levels. At the time of publication of the forecast, the Euro to US Dollar exchange rate is 1.0953. As part of the Forex forecast for January 3, 2024, we should expect…
The currency pair British Pound to US Dollar (GBP/USD) continues to move as part of the development of the fall and the beginning of the “Wedge” reversal pattern. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2635. 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…
The currency pair Australian Dollar to US Dollar (AUD/USD) continues to move as part of the development of a bearish correction and a bullish channel. 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 0.6781. At the moment, we should expect an attempt to develop a fall and test…
The quotes of the USD/JPY currency pair continue to move as part of the development of the fall and the bearish channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 142.03. 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 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 3, 2024, we should expect an attempt…