Author: forex24pro

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…

The quotes for Brent crude oil continue to move as part of the development of a correction and a bullish channel. At the time of publication of the forecast, the price of Brent oil is $78.29 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of Black Gold and a potential continuation of growth in the value of the asset from current levels. At the moment, we should expect an attempt to develop growth and test the resistance level near the area…

The currency pair USD/CAD continues to move as part of the development of a bullish correction and a bearish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3307. 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 of the price pair in the near future. At the moment, it is worth considering an attempt to develop a bullish price correction and a test of the resistance…