💨💸EUR/USD forecast Euro Dollar for January 31, 2024 ⚡💰
The EUR/USD currency pair is currently moving on a downward trajectory within the bearish channel. Short-term bearish trends are evident based on moving averages. A break below the signal lines suggests pressure from sellers of the euro, which indicates a potential continuation of the pair’s quotes declining from the current position. At the time of publication of the forecast, the rate is 1.0829. Ahead of January 31, 2024, there could be an attempt to initiate a bullish price correction by testing the resistance near 1.0885 for the EUR/USD pair. However, a subsequent downward rebound is expected, which will lead to a continued fall in the euro/dollar currency pair.

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BTC/USD Bitcoin exchange rate forecast for January 31, 2024

BTC/USD quotes are trading at 43404 and continue to move as part of a bullish correction and a bearish channel. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of Digital Gold and a potential continuation of growth in the value of the asset from current levels. As part of the cryptocurrency rate forecast for tomorrow, January 31, 2024, we should expect an attempt to develop a bullish correction in the value of the digital asset and a test of the resistance level near the 44065 area. From where we should again expect a downward rebound and an attempt to continue the fall of the Bitcoin rate with a target below the 36505 area. #Wtite2Earn

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