Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the framework of a slight correction and an upward channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 110.29. Moving averages indicate a short-term bullish trend for the pair. Prices went up from the area between the signal lines, which indicates pressure from the US Dollar buyers and a potential continuation of the rise in prices from the current levels. As part of the forecast for the Japanese Yen exchange rate for April…
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.
Brent continue to move within the correction and left the descending channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 62.81 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices continue to push away from the area between the signal lines, which indicates pressure from sellers of ”Black Gold” and a potential continuation of the fall in the value of the asset already from the current levels. At the moment, we should expect an attempt to develop a downward correction and a test of the support level near…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move within the correction and the downward channel, an inverted ”Head and Shoulders” reversal pattern is also formed here. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.2537. Moving averages indicate a short-term bearish trend for the pair. Prices are testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the decline in the price pair in the near future. At the moment, we should expect an attempt to develop a…
GOLD continue to move as part of the fall and the formation of a “Double Bottom” reversal pattern. At the time of the publication of the forecast, the price of GOLD is 1731 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. Prices are again pushing the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a correction and test the support level near the 1705 area. Where can we expect a…
Silver continue to move as part of the correction and the formation of the bullish ”Wolfe Wave” pattern. At the time of the publication of the forecast, Silver prices are at $24.89. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the asset and a potential continuation of the fall in value from the current levels. At the moment, we should expect an attempt to develop a bearish correction in the value of the metal and a test of the support level near the 23.35 area.…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the currency pair and a potential continuation of the fall 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 0.7047. At the moment, we should…
Currency pair Dollar Franc USD/CHF continues to move as part of the growth and the ascending channel. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9379. Moving averages indicate a short-term bullish trend for the pair. Prices are again pushing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the growth of the asset value from the current levels. At the moment, we should expect an attempt to develop a slight correction in the US Dollar against the Swiss Franc…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and the ascending channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 76.26. Moving averages indicate a short-term bullish trend. Prices have broken the area between the signal lines upward, which indicates pressure from buyers 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 7, 2021, we should expect an attempt to develop…
BTC/USD are traded at 57289 and continue to move as part of the correction and the formation of the ”Triangle” pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $ 1,098,564,838,645. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are again pushing the area between the signal lines, which indicates pressure from buyers of ”Digital Gold” and a potential continuation of the growth of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, April 7, 2021, we should expect an attempt to develop a correction in…
Ethereum are traded at 2018.99 and continue to move as part of the growth and the beginning of the development of the ”Triangle” model. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $ 243,682,288,762. 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 a correction in the value of the coin and a test…