XAU/USD quotes continue to move within the framework of the correction development and the formation of the “Triangle” model. At the time of the forecast publication, the price of Gold for today is 3276 Dollars per Troy Ounce. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from asset sellers and potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a fall in gold and a test of the support level near the 3245 area. From…
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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.
XAG/USD quotes continue to move within the framework of the development of the fall and the beginning of the implementation of the reversal pattern “Head and Shoulders”. At the time of publication of the forecast, the Silver price is 32.23. Moving averages indicate the presence of a bullish trend. Prices broke through the area between the signal lines downwards, which indicates pressure from sellers and a potential continuation of the fall in value from the 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 NZD/USD currency pair continue to move within the development of a fall and a descending channel. The 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 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 Forex forecast, the New Zealand Dollar to the US Dollar exchange rate is 0.5917. At the moment, we should expect an attempt to develop growth and…
The USD/CHF currency pair continues to move within the development of a bullish correction and the formation of a “Wedge” reversal pattern. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc exchange rate is 0.8255. 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 asset’s fall from current levels. At the moment, we should expect an attempt to develop growth in the US Dollar against the Swiss Franc and a test…
BTC/USD quotes are trading at 94933 and continue to move within the development of the correction 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 1, 2025, we should expect an attempt to develop a bearish correction in the value of the digital asset and…
ETH/USD quotes are trading at 1806 and continue to move within the framework of the development of growth and a bullish channel. Moving averages indicate a short-term bullish trend for Ethereum. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continued growth in the asset’s value from 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 1725 area. From where we should again expect an upward rebound in prices and continued growth of…
The EUR/USD currency pair continues to move within the framework of growth 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 1.1400. Within the framework of the Forex forecast for April…
The GBP/USD currency pair continues to move within the development of the correction and the ascending channel. At the time of the forecast publication, the Pound to US Dollar exchange rate on Forex is 1.3407. The 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 growth of the instrument. At the moment, we should expect an attempt to develop a bearish correction of the British Pound against the US Dollar exchange rate and a…
The AUD/USD currency pair continues to move within the growth 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 upwards, which indicates pressure from buyers of the currency pair and potential continued growth in the value of the instrument from the current levels. At the time of publication of the forecast, the Australian Dollar to US Dollar exchange rate is 0.6421. At the moment, we should expect an attempt to develop a correction and test the support area near the level of 0.6405. Then, the…
The USD/JPY currency pair continue to move within 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 142.46. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken 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 April 30, 2025, we should expect an…