Silver complete the trading week near the area of 24.66. Quotes continue to move within the correction and left the limits of the downward channel. Moving averages indicate the presence of a bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the metal and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a fall in the value of the asset and a test of the support level near the 23.05 area. Further, the continuation of the rise…
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.
SHIBA INU ends the trading week at 0.00002465 and continues to move within the correction and formation of the “Triangle” pattern. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the SHIB/USD rate forecast for the next trading week, we should expect an attempt to develop a correction in the value of the digital asset and a test of the resistance area near the level of 0.00002655. From where a rebound down is expected…
Dogecoin ends the trading week at 0.1479 and continues to move within the correction and the downward channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the coin and a potential continuation of the fall. As part of the DOGE/USD rate forecast for the next trading week, we should expect an attempt to develop a slight increase in the value of the digital asset and test the resistance area near the level of 0.1645. From where a rebound down is expected again and an attempt…
Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and has left the limits of the bullish correction channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have gone down from the area between the signal lines, which indicates pressure from sellers of the European currency and a potential continuation of the fall in asset quotes already from current levels. At the time of the publication of the forecast, the EUR/USD exchange rate is 1.0913. As part of the Forex forecast for April 8, 2022, we should expect an attempt to…
Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the downward channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.3085. Moving averages indicate the presence of a short-term bearish trend. Prices went down from the area between the signal lines, which indicates pressure from sellers of the currency pair and a potential continuation of the fall of the instrument. At the moment, we should expect an attempt to develop a correction in the price of the British Pound against the US Dollar and…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the beginning of the development of the “Wolfe Wave” model. 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 currency pair and a potential continued growth in the value of the instrument already from current levels. At the time of publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.7483. At the moment, we should expect an attempt to develop…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the bullish channel. At the time of publication of the forecast, the US Dollar to the Japanese Yen is 123.91. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines, which indicates pressure from buyers of the US Dollar and a potential continuation of price growth already from current levels. As part of the forecast for the Japanese Yen on April 8, 2022, we should expect an…
Brent continue to move as part of the correction and the formation of the “Triangle” model. At the time of the publication of the forecast, the price of Brent crude oil is $102.94 per barrel. Moving averages indicate a short-term bearish trend in oil. Prices have broken through the area between the signal lines down, which indicates pressure from the sellers 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 decline and a test of the support level…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the growth and left the limits of the downward channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.2547. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the price pair in the near future. At the moment, we should expect an attempt to develop a fall in prices and a…
GOLD continue to move as part of the correction and the formation of the “Triangle” model. At the time of the publication of the forecast, the price of GOLD is 1930 Dollars 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 1920 area. Where should we expect a rebound…