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Ethereum price (ETHUSD) forecast update - 04-12-2024

Economies.com
2024-12-04 09:01AM UTC

Ethereum price (ETHUSD) continues to rise to surpass 3700.00$ barrier and approach our first waited target at 3740.00$, getting continuous positive support by the EMA50, to support the expectations of achieving more gains in the upcoming period, as our next target reaches 3900.00$.

 

Therefore, we will continue to suggest the bullish trend on the intraday and short-term basis, unless breaking 3550.00$ and holding below it.

 

The expected trading range for today is between 3550.00$ support and 3800.00$ resistance.

 

Trend forecast: Bullish

Bitcoin price (BTCUSD) forecast update - 04-12-2024

Economies.com
2024-12-04 09:01AM UTC

Bitcoin price (BTCUSD) shows new positive trades to approach 97000.00$ barrier, reinforcing the expectations of continuing the bullish trend in the upcoming sessions, waiting to visit 97400.00$ followed by 100000.00$ that represents our next main targets, reminding you that the continuation of the bullish wave depends on the price stability above 94640.00$.

 

The expected trading range for today is between 94400.00$ support and 99000.00$ resistance.

 

Trend forecast: Bullish

The NZDUSD price forecast update 04-12-2024

Economies.com
2024-12-04 09:01AM UTC

The NZDUSD price shows more bearish bias to support the expectations of continuing the domination of the bearish trend on the intraday basis, reminding you that our next station is located at 0.5790$, while breaching 0.5935$ will stop the expected decline and lead the price to achieve more bullish correction on the intraday basis.

 

The expected trading range for today is between 0.5775 support and 0.5880$ resistance

 

Trend forecast: Bearish

The AUDUSD price forecast update 04-12-2024

Economies.com
2024-12-04 09:01AM UTC

The AUDUSD price provided additional negative trades to approach 0.6400$ barrier, reinforcing the expectations of continuing the bearish trend in the upcoming sessions, reminding you that our next target is located at 0.6355$, while achieving it requires holding below 0.6500$.

 

The expected trading range for today is between 0.6350$ support and 0.6450$ resistance

 

Trend forecast: Bearish