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The GBPUSD price attempts to recover - Forecast today - 17-12-2024

Economies.com
2024-12-17 03:57AM UTC

The GBPUSD price provided positive trades yesterday to test the EMA50 that forms good resistance against the price now, noticing that the RSI loses its positive momentum gradually, waiting to motivate the price to resume the expected bearish trend for the upcoming period, which targets 1.2566$ as a next station.

 

Therefore, we will continue to suggest the bearish trend for the upcoming period, taking into consideration that breaching 1.2735$ will stop the bearish wave and lead the price to achieve more gains on the intraday basis.

 

The expected trading range for today is between 1.2600$ support and 1.2750$ resistance

 

Trend forecast: Bearish

The EURUSD price awaits new decline – Forecast today - 17-12-2024

Economies.com
2024-12-17 03:56AM UTC

The EURUSD price fluctuates around the EMA50, and stochastic continues to provide overbought signals, and as long as the price is below 1.0563$, the bearish trend scenario will remain valid for the upcoming period, reminding you that the waited targets begin by surpassing 1.0475$ to open the way to head towards 1.0400$ as a next station.

 

On the other hand, we should note that breaching 1.0563$ and holding above it will lead the price to achieve new gains and achieve additional bullish correction that its next target reaches 1.0635$.

 

The expected trading range for today is between 1.0440$ support and 1.0580$ resistance

 

Trend forecast: Bearish

End of day Bitcoin price (BTCUSD) forecast update - 16-12-2024

Economies.com
2024-12-16 16:23PM UTC

Bitcoin price (BTCUSD) rallies upwards again after leaning on 104060.00$ level in the previous sessions, to resume the bullish trend and head towards achieving our next target that reaches 110000.00$, to continue suggesting the bullish trend in the upcoming period unless breaking 104060.00$ and holding with a daily close 

KILT price emits more positive signals - Forecast today - 16-12-2024

Economies.com
2024-12-16 12:11PM UTC

KILT/USD currency price was little changed in the intraday levels, after being buoyed recently by piercing the main downward trend line in the medium-term, with positive pressure due to trading above the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect the price to rise and target the pivotal resistance of $0.255, provided it settles firmly above $0.157.

 

Trend forecast for today: Bullish 

 

Read more: From Vision to Value: Sam Altman’s Worldcoin (WLD) 2025—A Trader’s Guide to Uncovering the Hidden Crypto Gem

Frequently asked questions

What is the price of GBP/USD today?

The price of GBP/USD is $1.3255 (2025-08-01 23:35PM UTC)