Currency pair Euro/Dollar EUR/USD continues to move as part of a strong correction and a downward channel. 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 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 1.1120. As part of the Forex forecast for March 18, 2022, we should expect an attempt to develop a rise in prices and…
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.
Currency pair Pound/Dollar GBP/USD continues to move as part of a bullish correction and a downward channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.3107. Moving averages indicate the presence of a short-term bearish trend. Prices bounced off 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 growth and a bullish channel. Moving averages indicate the presence of a short-term bullish trend. 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 forecast, the Australian Dollar exchange rate against the US Dollar is 0.7338. At the moment, we should expect an attempt to develop a rise in the pair…
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 the publication of the forecast, the US Dollar to the Japanese Yen is 118.77. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices broke 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 March 18, 2022, we should expect an…
Brent continue to move within the correction and the bullish channel. At the time of publication of the forecast, the price of Brent crude oil is $104.69 per barrel. Moving averages indicate the presence of a short-term bullish 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 rise and test the resistance level near the $100.05 area per barrel. Further,…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the fall and the bullish channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.2666. Moving averages indicate the presence of a short-term bullish 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 continue the development of price correction and a test of the support…
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 1941 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 correction and test the support level near the 1905 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 25.27. Moving averages indicate a bullish trend. Prices have gone up from 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 24.45 area. Where should we expect a rebound upwards…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of growth and a bullish channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through 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 Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6847. At the moment, we should expect an attempt…
Currency pair Dollar Franc USD/CHF continues to move as part of growth and a bullish channel. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9395. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and a potential continued growth in the value of the asset already from current levels. At the moment, we should expect an attempt to develop the development of a depreciation of the…