Author: forex24pro

Currency pair Euro to Japanese Yen EUR/JPY continues to move as part of the decline and the downward channel. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from sellers of the European currency against the Japanese yen and a potential continuation of the fall from current levels. At the time of publication of the forecast, the Euro to the Japanese Yen is 129.30. As part of the Forex forecast for the EUR/JPY rate for March 4, 2022, we should expect an attempt to…

There are several advantages to using Bitcoin. It’s private, which means it’s free from government interference and manipulation. The currency is used for a variety of transactions, including as a means of exchange, payment, and store of value. Because it’s decentralized, transactions can be completed within minutes. Users don’t need to deal with middlemen, which makes it ideal for anonymous transactions. Here’s a look at how it works. Unlike traditional currencies, the value of bitcoin is derived from faith in its value. If you don’t believe in the value of your money, you shouldn’t bother with bitcoins. Other payment methods…

Date – March 31, 2022 Venue – Parklane Hotel, Limassol Cyprus https://forexexpo.com/ The flagship event of this spring Forex Expo 2022 is supported by the best companies of the industry. MetaQuotes, the leading developer of trading platforms for brokerages, banks and exchanges has become a Grand Sponsor whilst NAGA, a social investment platform with over 950 tradable assets booked a Gold Sponsor spot. Interestingly, Forex Expo draws the leading forces to meet under one roof on March 31, 2022 in Limassol’s Parklane Hotel. Here, the larger part of the European B2B community of the FX industry will be joined by…

Currency pair Euro/Dollar EUR/USD continues to move as part of the fall and the downward 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 down, 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 1.1115. As part of the FOREX forecast for March 3, 2022, we should expect an attempt to develop a rise in prices and…

Currency pair Pound/Dollar GBP/USD continues to move as part of the fall and the formation of the “Triangle” model. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.3323. 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 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…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the formation of the “Wedge” reversal pattern. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from sellers of the currency pair and a potential continuation of the fall in the value of the instrument already from current levels. At the time of the publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.7249. At the moment, we should expect an attempt to…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of the ”Head and Shoulders” reversal pattern. At the time of the publication of the forecast, the US Dollar to the Japanese Yen is 114.82. 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 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…

Brent continue to move as part of growth and a bullish channel. At the time of the publication of the forecast, the price of Brent crude oil is $106.37 per barrel. Moving averages indicate the presence of a short-term bullish trend in oil. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of “Black Gold” 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 and test the support level near the area of…

Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the correction and the bullish channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.2745. 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 and a potential continuation of the price pair growth 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 level near…

GOLD continue to move as part of the growth and the bullish channel. At the time of the publication of the forecast, the price of GOLD is 1934 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 up, 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…