Author: forex24pro

Silver continue to move as part of the growth and the formation of the “Head and Shoulders” reversal pattern. At the time of the publication of the forecast, Silver prices are at $ 25.95. Moving averages indicate a bullish trend. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth in value already from current levels. At the moment, we should expect an attempt to develop a bullish correction in the value of the metal and a test of the resistance level near the 26.35 area.…

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of an upward correction and a downward channel. Moving averages indicate a short-term bullish trend for the pair. Prices have broken the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continuation of the rise in the value of the instrument already from the current levels. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.7209. At the moment, we should…

Currency pair Dollar Franc USD/CHF continues to move as part of the fall. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9141. Moving averages indicate a short-term bearish trend for the pair. Prices broke through the area between the signal lines downward, which indicates pressure from sellers and a potential continuation of the fall in the asset value from the current levels. At the moment, we should expect an attempt to develop a depreciation of the US Dollar against the Swiss Franc and a test of the…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the fall and the beginning of the ”Head and Shoulders” reversal pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 74.92. Moving averages indicate a short-term sideways trend. Prices have broken down the area between the signal lines, which indicates pressure from the sellers of the US currency and a potential continuation of the fall of the US Dollar against the Russian Ruble. As part of the dollar exchange rate forecast for April 28, 2021,…

BTC/USD are trading at 55100 and continue to move as part of the bullish correction and the beginning of the development of the large ”Wedge” pattern. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $1,022,459,464,063. Moving averages indicate a short-term bearish trend for Bitcoin. Prices are again pushing the area between the signal lines, which indicates pressure from the sellers of “Digital Gold” and the potential continuation of the fall in the value of the asset already from the current levels. As part of the cryptocurrency rate forecast for tomorrow, April 28,…

Ethereum are trading at the level of 2547.05 and continue to move as part of the growth and the formation of the “Head and Shoulders” reversal pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $295,222,700,936. Moving averages indicate a short-term bullish trend for Ethereum. Prices went up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the asset’s price growth from the current levels. At the moment, we should expect an attempt to develop the growth in the value of the coin and…

XRP/USD are trading at 1.4054 and continue to move within the growth and ascending channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $62,485,196,924. Moving averages indicate a short-term bullish trend for Ripple. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the rise in the XRP rate in the market already from current levels. At the moment, we should expect an attempt to develop a downward correction of the asset and a test of the support level…

Stock index S&P 500 continue to move within the framework of the growth and the bullish channel. Moving averages indicate a short-term bullish trend. Prices are again testing the areas between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of the growth of the stock index in the market from the current levels. At the time of the publication of the forecast, the index is trading at 4180. At the moment, we should expect an attempt to develop a correction and test the support level near the 4165 area. Where can we expect…

LTC/USD are traded at the level of 252.66 and continue to move within the growth and ascending channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $16,774,131,215. Moving averages indicate a short-term bullish trend for Litecoin. Prices went up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a correction in the value of a digital asset and a test of the support level near the…

Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of a large reversal pattern “Head and Shoulders” on the daily chart of the pair. Moving averages indicate a short-term bullish trend for the pair. Prices broke through the area between the signal lines upward, which indicates pressure from buyers of the European currency and a potential continuation of the growth of quotations from the current levels. At the time of publication of the forecast, the Euro/US Dollar rate is 1.2005. As part of the Forex forecast for April 27, 2021, we should expect an…