Author: forex24pro

Brent continue to move within the correction and the downward channel. At the time of publication of the forecast, the price of Brent crude oil is $107.94 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 buyers 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 a correction and test the support level near the area of ​​105.25 dollars per barrel. Further, the…

Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the downward channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.2439. 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 price pair’s fall in the near future. At the moment, we should expect an attempt to develop a fall in prices and a test of the support level…

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 1925 USD per Troy Ounce. Moving averages indicate the presence of a short-term bullish trend. Prices are again testing the area between the signal lines, 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 decline and test the support level near the 1915 area. Where should we expect a rebound upwards and a continuation of…

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 24.58. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers 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 24.25 area. Where should we expect a rebound upwards and…

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the decline and the bullish channel. 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 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 0.7005. At the moment,…

Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the formation of the “Wedge” reversal pattern. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9243. The moving averages indicate a short-term bearish trend in pre. Prices are again testing 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 the development of a…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall and the downward channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 81.16. Moving averages indicate the presence of a short-term bearish trend. Prices are rebounding from the area between the signal lines, which indicates pressure from sellers of the US currency and a potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the USD exchange rate forecast for April 6, 2022, we should expect an attempt…

BTC/USD are trading at 46942 and continue to move as part of the correction and the start of the ”Triangle” pattern. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $888,791,918,557. Moving averages indicate a short-term bullish trend for Bitcoin. Prices have broken through the area between the signal lines, which indicates pressure from buyers of ”Digital Gold” and a potential continuation of the fall in the value of the asset from current levels. As part of the cryptocurrency rate forecast for tomorrow, April 6, 2022, we should expect an attempt to develop…

Ethereum are trading at 3532 and continue to move as part of the growth and the bullish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $422,315,741,744. Moving averages indicate a short-term bullish trend for Ethereum. Prices have broken through the areas between the signal lines up, which indicates pressure from buyers and a potential continuation of the 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 value of the coin and a test of the…

XRP/USD are trading at 0.8362 and continue to move within the correction and the bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $39,890,779,536 Moving averages indicate a short-term bullish trend for Ripple. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the growth of 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 a test of the support level…