Brent continue to move within the correction and the bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $110.31 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 correction and test the support level near the area of 103.55 dollars…
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 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 1.2472. 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 as part of the fall and have broken through the lower limit of the bullish channel. At the time of the publication of the forecast, the price of Gold is 1933 Dollars per Troy Ounce. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop growth and test the resistance level near the 1940 area. Where should…
Silver continue to move as part of the fall and the bearish channel. At the time of the publication of the forecast, the price of Silver is 23.98. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines down, which indicates pressure from sellers of the asset and a potential continuation of the fall 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 resistance level near the area of 25.15. Where should we expect…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the bullish channel. Here the bearish Wolfe Wave pattern continues to form. 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…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the formation of the bullish “Expanding Triangle” pattern. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9231. The moving averages indicate a short-term bearish trend in pre. Prices have broken through the area between the signal lines down, 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…
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 81.89. Moving averages indicate the presence of a short-term bearish trend. Prices have gone down 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 March 31, 2022, we should expect an…
BTC/USD are trading at the level of 47300 and continue to move as part of the growth and the beginning of the development of the “Triangle” model. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $895,957,616,030. 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 exchange rate forecast for tomorrow, March 31, 2022,…
Ethereum are trading at 3401 and continue to move as part of the growth and development of the “Triangle” model. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $408,643,073,807. 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…
XRP/USD are trading at 0.8616 and continue to move as part of the growth and the bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $41,549,704,451. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices have broken through the area between the signal lines up, 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…