The USD/CHF currency pair continues to move within the framework of growth and has left the limits of the downward channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc rate is 0.8790. 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 fall in the US Dollar against the Swiss…
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 BTC/USD quotes are trading at 40812 and continue to move within the fall and have left the 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, December 12, 2023, we should expect an attempt to develop growth in the value of the digital asset and a test of the resistance level near the 40965…
The ETH/USD quotes are trading at 2179 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 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 an increase in the value of the coin and a test of the resistance level near the 2235 area. From where we can again expect a…
The Euro/Dollar currency pair EUR/USD ends the trading week with a bullish correction near the 1.0781 area. Moving averages indicate a bullish trend. 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. At the moment, we should expect an attempt to develop a rise in the pair’s quotes and a test of the resistance area near the level of 1.0965. Where is the expected rebound downwards and the continuation of the fall of the Euro Dollar. A potential target for…
BRENT oil quotes end the trading week near the area of 75.54 dollars per barrel. Moving averages indicate a bearish 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 73.45. Then, it is worth considering a rebound upward and continued growth of oil to the area above the level of 90.65 dollars per barrel. BRENT Forecast December 11 — 15,…
The Pound/Dollar GBP/USD currency pair ends the trading week in a downward trend. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from sellers and a potential continuation of the fall of the British Pound against the US Dollar from current levels. At this time, we should expect an attempt to develop a rise and test the resistance area near the level of 1.2605. Next, a rebound downwards and a continuation of the fall of Pound/Dollar quotes to the area below the level of 1.1575. GBP/USD Forecast December 11…
The currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the 0.6605 area. The pair continues to move as part of the development of a bullish correction and a bearish channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continued growth in the value of the currency pair. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 0.6685. Then, a rebound…
The currency pair Canadian Dollar to US Dollar USD/CAD ends the trading week near the level of 1.3575. The pair continues to move as part of the development of a bearish correction and a bullish channel. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the currency pair and potential continued growth in the near future. At the moment, we should expect an attempt to develop a bearish correction and a test of the support level near the 1.3385 area. Then, a rebound upward and continued growth…
Quotes of the currency pair Dollar/Yen USD/JPY complete the trading week with growth near the area of 144.31. The pair continues to move within the framework of a strong fall and a bullish channel. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the US dollar and a potential continuation of growth from current levels. At the moment, we should expect an attempt to develop a price decline and a test of the support level near the 143.65 area. Then, a rebound upward and continued growth of…
Gold ends the trading week with growth near the 2028 area. XAU/USD quotes continue to move as part of the correction and have left the bearish correction channel. Moving averages indicate a bullish trend in Gold. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of price growth. At the moment, we should expect an attempt to develop a price correction and a test of the support level near the 1975 area. Next, a rebound in prices and continued growth of Gold with a potential target above the level…