Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the decline. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 107.08. Moving averages indicate a short-term bearish trend for the pair. Prices have pierced the area between the signal lines down, indicating pressure from sellers of the US Dollar. As part of the forecast for the Japanese Yen on April 2, 2020, we should expect an attempt to develop a correction and test the resistance area near the level of…
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 as part of the decline and the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $ 25.16 per barrel. Moving averages indicate a short-term bearish trend for oil. Prices pushed from the area between the signal lines, indicating pressure from the sellers of Black Gold. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance level near the area of $ 26.55 per barrel. Further, the continuation of the fall in the oil rate to the area…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of the correction and the downward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.4157. Moving averages indicate the presence of a short-term bullish trend for the pair. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1.4265. Further, the rebound and continued fall of the currency pair on Forex. The potential target of this movement of the instrument is the area below…
GOLD continue to move as part of the decline. At the time of the publication of the forecast, the price of GOLD is 1585 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. Prices push away from the area between the signal lines, which indicates pressure from buyers. At the moment, we should expect an attempt to develop growth and test the resistance level near the area of 1605. Where can we expect a rebound and the continuation of the fall in the price of Gold with a target below the level of 1455. XAU/USD Forecast and GOLD…
Silver continue to move as part of the correction and the downward channel. At the time of the publication of the forecast, the price of Silver is 13.96 Dollars. Moving averages indicate a bearish trend. Prices are testing the area between the signal lines, which indicates pressure from asset sellers and a potential drop 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 14.95. Where can we expect a rebound and the continuation of the fall…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the growth and the rising channel. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices pierced the area between the signal lines down, which indicates pressure from the sellers of the currency pair. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.5920. At the moment, we should expect an attempt to fall and test the support level near the area of 0.5845. Further,…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the formation of the bearish «Wolfe Wave» pattern. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9664. 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 of the American currency and the potential continuation of the fall of the pair. At the moment, we should expect an attempt to increase the dollar against the Franc and test the…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the upward channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 78.79. Moving averages indicate a short-term bullish trend. Prices pushed from the area between the signal lines, indicating pressure from buyers of the American currency. As part of the USD/RUB forecast for tomorrow, April 2, 2020, we should expect an attempt to develop a correction and test the support level near the area of 77.65 Rubles per US Dollar. Then, a…
BTC/USD are trading at 6227 and continue to move as part of the correction. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $114 075 246 826. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are testing the area between the lines, indicating pressure from Digital Gold sellers and a potential drop in the near future. As part of the cryptocurrency rate forecast for tomorrow, April 2, 2020, we should expect an attempt to correct the value of the digital asset and test the resistance level near the area of 6525.…
ETH/USD are trading at 129.06 and continue to move as part of the decline and the formation of the «Triangle» model. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $14 383 881 589. Moving averages indicate the presence of a short-term bearish trend for Ethereum. Prices pushed from the area between the signal lines, indicating pressure from sellers. At the moment, we should expect an attempt to increase the value of the coin and test the resistance level near the area of 130.55. Where again we should expect a rebound and a…