Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the European currency and a potential continuation of the fall in asset quotes already from current levels. At the time of the publication of the forecast, the EUR/USD exchange rate is 1.0693. As part of the Forex forecast for June 9, 2023, we should expect an attempt to develop a bullish price correction and…
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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.
Currency pair Pound/Dollar GBP/USD continues to move as part of the development of a correction and a bullish channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.2434. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument. At the moment, we should expect an attempt to develop a bullish correction of the British Pound against the US…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction and the bullish channel. At the time of publication of the forecast, the US Dollar to the Japanese Yen is 140.15. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the US Dollar and a potential continuation of price growth already from current levels. As part of the forecast for the Japanese Yen on June 8, 2023, we should expect an attempt…
Brent continue to move as part of strong growth and the completion of the formation of the Double Bottom reversal pattern. At the time of the publication of the forecast, the price of Brent crude oil is $76.93 per barrel. Moving averages indicate a short-term bearish trend in oil. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of Black Gold and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt to develop growth and test the resistance…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the completion of the formation of the “Triangle” model. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.3378. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from sellers and a potential continuation of the pair’s fall in the near future. At the moment, it is worth considering an attempt to develop a slight price correction and…
GOLD continue to move as part of the correction and the formation of the “Triangle” model. At the time of the publication of the forecast, the price of Gold is 1944 Dollars per Troy Ounce. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall already from current levels. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance level near the 1950 area. Where…
Silver continue to move as part of the fall and the bearish channel. At the time of the publication of the forecast, the price of Silver is 23.42. Moving averages indicate a bearish trend. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall in value already from current levels. At the moment, we should expect an attempt to develop a correction in the value of the metal and a test of the resistance level near the area of 23.85. Where should we expect…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of a bullish fall and a downward channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the currency pair and a potential continuation of the growth in the value of the instrument already 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 0.6031. At the…
Currency pair Dollar Franc USD/CHF continues to move as part of growth and a bullish channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9093. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have gone up from the area between the signal lines, which indicates pressure from buyers and a potential continued growth in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a correction in the US Dollar against…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and the formation of the “Triangle” model. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 81.99. Moving averages indicate the presence of a short-term bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the US currency and a potential continuation of the growth of the US Dollar against the Russian Ruble. As part of the USD exchange rate forecast for June 8, 2023, we should…