GOLD continue to move within the correction and the bullish channel. At the time of the publication of the forecast, the price of Gold is 1855 USD per Troy Ounce. 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 asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a correction and test the support level near the 1850 area. Where should we expect a rebound upwards and a continuation…
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.
Silver continue to move within the correction and the bullish channel. At the time of the publication of the forecast, the price of Silver is 22.04. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the growth 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 support level near the area of 21.75. Where should we expect a rebound upwards…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of growth and a bullish channel. Moving averages indicate the presence of a short-term upward trend in the pair. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continued 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 0.6536. At the moment, we should expect…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the downward channel. At the time of publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9597. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have gone down from the area between the signal lines, which indicates pressure from sellers 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 a correction in the US…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move within the correction and left the limits of the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 60.92. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines up, 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 May 31, 2022, we…
BTC/USD are trading at 30490 and continue to move as part of the decline and the downward channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $585,683,782,896. Moving averages indicate the presence of a short-term downward trend for Bitcoin. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of Digital Gold and a potential continuation of the growth in the value of the asset already from current levels. As part of the cryptocurrency rate forecast for tomorrow, June 1, 2022, we should expect an attempt…
XRP/USD are trading at 0.3923 and continue to move as part of the fall and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $19,397,274,783. Moving averages indicate the presence of a short-term bearish trend for Ripple. 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 decline in the XRP rate on the market already from current levels. At the moment, we should expect an attempt to develop a correction of the asset and…
LTC/USD are trading at 65.55 and continue to move as part of the fall and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $4,726,372,955. Moving averages indicate a short-term bearish trend for Litecoin. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop an increase in the value of a digital asset and a test of the resistance level near the…
DOGE/USD are trading at 0.0847 and continue to move within the correction and the bearish channel. Moving averages indicate a short-term bearish trend for Dogecoin. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop a correction in the value of the digital asset and a test of the resistance level near the 0.0915 area. Where can we expect a rebound down again and a continuation of the fall of the Dogecoin…
SHIBA INU is trading at the time of the publication of the forecast at the level of 0.00001172, they continue to move within the correction and the downward channel. Moving averages indicate the presence of a short-term downward trend for the coin. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the coin and a potential continuation of growth already from current levels. As part of the SHIB/USD rate forecast, it is worth considering an attempt to develop a correction in the value of a digital asset and a test of the…