Author: 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.

The NZD/USD currency pair continue to move in the framework of the development of the fall and the bull channel. Sliding average indicate the presence of a short -term bull tendency in pairs. Prices pierced the area between the signal lines up, which indicates the pressure from the buyers of the currency pair and the potential continuation of the increase in the cost of the tool from current levels. At the time of the publication of Forex forecasts, the New Zealand dollar to the US dollar is 0.5933. At the moment, it is worth expecting an attempt to develop growth…

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The USD/CHF currency pair continues to move as part of the development of bull correction and the formation of the Klin Up -Bearing Model. At the time of the publication of Forex forecasts, the US dollar to the Swiss Frank is 0.8274. Sliding average indicate the presence of a short -term bearish trend in pair. Prices again test the area between the signal lines, which indicates the pressure from the sellers and the potential continuation of the drop in the value of the asset from current levels. At the moment, it is worth expecting an attempt to develop the growth…

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BTC/USD quotes are trading at 94993 and continue to move within the formation of the Triangle model and the bullish channel. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of “Digital Gold” and a potential continuation of the development of the bullish impulse of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, May 2, 2025, we should expect an attempt to develop a bearish correction in the value of the digital asset…

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ETH/USD quotes are trading at 1806 and continue to move within the framework of the correction and bullish channel development. Moving averages indicate the presence of a short-term bullish trend for Ether. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and a potential continuation of the asset’s value growth from the current levels. At the moment, we should expect an attempt to develop a bearish correction of the coin and a test of the support level near the 1745 area. From where we should again expect an upward rebound in prices and…

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The EUR/USD currency pair continues to move within the framework of the correction development and the formation of the “Head and Shoulders” reversal pattern. The moving averages indicate the presence of a short-term upward trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the European currency and a potential continuation of the growth of the currency pair quotes from the current levels. At the time of publication of the forecast, the Euro to Dollar exchange rate for today is 1.1360. Within the framework of the Forex forecast for…

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The GBP/USD currency pair continues to move within the framework of the fall and has left the ascending channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.3356. 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 buyers of the currency pair and potential continuation of the instrument’s growth. At the moment, we should expect an attempt to develop an increase in the British Pound against the US Dollar exchange rate and a test…

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The AUD/USD currency pair continues to move within the correction and bullish channel. The moving averages indicate the presence of a short-term upward trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the currency pair and a potential continuation of the fall in the value of the instrument from the current levels. At the time of publication of the forecast, the Australian Dollar to the US Dollar exchange rate is 0.6391. At the moment, we should expect an attempt to develop an increase and test the resistance area near the level…

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The USD/JPY currency pair continue to move within the framework of the development of the correction and the descending channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 143.08. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices broke through the area between the signal lines downwards, which indicates pressure from sellers of the US Dollar and a potential continuation of the fall in prices from the current levels. As part of the forecast of the Japanese Yen exchange rate for May 1, 2025, we should…

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Brent crude oil quotes continue to move within the development of a fall and a descending channel. At the time of publication of the forecast, the price of Brent crude oil is 63.58 dollars per barrel. Moving averages indicate the presence of a short-term bearish trend for oil. Prices broke through the area between the signal lines downwards, which indicates pressure from sellers of “Black Gold” and a potential continuation of the fall in the value of the asset from the current levels. At the moment, we should expect an attempt to develop a bullish correction and a test of…

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The USD/CAD currency pair continues to move within the framework of the development of the correction and the formation of the “Head and Shoulders” reversal pattern. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3834. Moving averages indicate a short-term bearish trend for the pair. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers and a potential continuation of the pair’s decline in the near future. At the moment, it is worth considering an attempt to develop the decline in the Canadian Dollar price…

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