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 continuation of the growth 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 0.6369. At the moment, we should expect an attempt to develop growth and a test of the resistance area near the level of 0.6415. Then,…
Author: forex24pro
The USD/JPY currency pair continue to move within the development of a bullish correction and a descending channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 143.64. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, 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 29, 2025, we should expect an…
Brent crude oil quotes continue to move within the framework of the correction development and the formation of the “Wedge” reversal pattern. At the time of the forecast publication, the price of Brent crude oil is $66.78 per barrel. Moving averages indicate the presence of a short-term bearish trend for oil. Prices have broken 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…
The USD/CAD currency pair continues to move within the framework of the development of a correction and a descending channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3887. Moving averages indicate a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continued growth of the pair in the near future. At the moment, it is worth considering an attempt to develop a decline in the Canadian Dollar price and test the support level near the…
XAU/USD quotes continue to move within the framework of the development of the fall and the formation of the bullish model “Wolfe Wave”. At the time of publication of the forecast, the price of Gold for today is 3284 Dollars per Troy Ounce. Moving averages indicate the presence of a short-term bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the asset 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…
XAG/USD quotes continue to move within the framework of the correction and bullish channel development. At the time of publication of the forecast, the Silver price is 32.95. Moving averages indicate a bullish trend. Prices are testing the area between the signal lines again, indicating pressure from buyers and potential continued growth from current levels. At the moment, we should expect an attempt to develop a decline in the metal price and a test of the support level near the 32.65 area. From where we should expect an upward price rebound and continued growth in the price of Silver with…
The NZD/USD currency pair continue to move within the correction development and have left the bullish channel. The moving averages indicate the presence of a short-term bullish trend for the pair. 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 from the current levels. At the time of publication of the Forex forecast, the New Zealand Dollar to the US Dollar exchange rate is 0.5929. At the moment, we should expect an attempt to develop growth and a test of…
The USD/CHF currency pair continues to move within the development of a bullish correction and a descending channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc exchange rate is 0.8313. 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 of the resistance area…
BTC/USD quotes are trading at 94758 and continue to move within the development of growth and a 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 a bullish impulse in the asset’s value from current levels. As part of the cryptocurrency rate forecast for tomorrow, April 29, 2025, we should expect an attempt to develop a bearish correction in the value of the digital asset and a test…
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 1685 area. From where we should again expect an upward price rebound and continued growth of the…