Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and the downward channel. Moving averages indicate a short-term bearish trend for the pair. However, prices have broken through the area between the signal lines upward, 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 0.7182. At the moment, we…
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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 Euro/Dollar EUR/USD continues to move as part of the correction and the formation of a large reversal pattern “Head and Shoulders”. 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 the publication of the forecast, the Euro/US Dollar rate is 1.1971. As part of the Forex forecast for April 20, 2021, we should expect an attempt to develop a bullish correction…
Currency pair Pound/Dollar GBP/USD continues to move as part of the growth and the beginning of development and the “Double Bottom” reversal pattern. At the time of the publication of the forecast, the rate of the Pound to the US Dollar on Forex is 1.3937. Moving averages indicate a short-term bearish trend. However, prices broke through the area between the signal lines upward, which indicates pressure from buyers of the currency pair and a potential continuation of the instrument’s growth. At the moment, we should expect an attempt of a downward correction of the British Pound against the US Dollar…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move as part of the correction and the bearish channel. Moving averages indicate a short-term bearish trend. 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 growth in the value of the instrument from the current levels. At the time of the publication of the forecast, the rate of the Australian Dollar to the US Dollar is 0.7747. At the moment, we should expect an attempt to develop a rise and test the resistance…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall and the bearish channel. At the time of the publication of the forecast, the rate of the US Dollar to the Japanese Yen is 108.09. Moving averages indicate a short-term bearish trend for the pair. Prices went down from the area between the signal lines, which indicates pressure from the sellers of the US Dollar and a potential continuation of the fall in prices from the current levels. As part of the forecast for the Japanese Yen rate for April 20,…
Currency pair US Dollar to Canadian Dollar USD/CAD continues 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 rate of the US Dollar to the Canadian Dollar is 1.2486. Moving averages indicate a short-term bearish trend for the pair. Prices went down from the area between the signal lines, which indicates pressure from sellers and a potential continuation of the growth of the price pair in the near future. At the moment, we should expect an attempt to develop a correction and…
Brent continue to move as part of the growth and the beginning of the development of the “Triangle” model. At the time of the publication of the forecast, the price of Brent crude oil is $ 66.86 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices have broken through the areas between the signal lines upward, which indicates pressure from buyers of “Black Gold” 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 downward correction and a test of the…
GOLD continue to move as part of the growth and the beginning of the “Double Bottom” pattern. At the time of the publication of the forecast, the price of GOLD is 1777 Dollars per Troy Oz. As you can see, the bull failed to break through the resistance area. Moving averages indicate a short-term bullish trend. Prices broke through the area between the signal lines upward, 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…
Silver continue to move as part of the correction and the development of the bullish Wolfe Wave pattern. At the time of the publication of the forecast, Silver prices are at $ 25.84. 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 area…
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 0.9137. Moving averages indicate a short-term bullish 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 the growth of the US Dollar against the Swiss Franc and a test of the…