Brent crude oil quotes continue to move within the framework of the growth and bullish channel development. At the time of the forecast publication, the price of Brent crude oil is $68.70 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 upwards, which indicates pressure from buyers of “Black Gold” and 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 and test the support level near the area of $66.25…
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.
The USD/CAD currency pair continues to move within the development of a fall and a descending channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3814. 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 a bullish correction in the Canadian Dollar price and a test of the resistance level near…
XAU/USD quotes continue to move within the development of a strong correction and a bullish channel. At the time of publication of the forecast, the price of Gold for today is 3317 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 upwards, 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 level near the 3235 area. From…
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 32.87. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continued growth in price 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 32.05 area. From where we should expect an upward price rebound and continued growth in the…
The NZD/USD currency pair continue to move within the development of growth and a 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 a 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 0.5981. At the moment, we should expect an attempt to develop a fall and a test…
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 0.8215. 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 94217 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 24, 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 1792 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 Ether. 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 1715 area. From where we should again expect an upward price rebound and continued growth in the…
The EUR/USD currency pair continues to move within the development of a bearish correction and a bullish channel. 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 1.1478. As part of the Forex forecast for April 23, 2025, we should expect an…
The GBP/USD currency pair continues to move within the framework of the development of growth and an ascending channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.3379. Moving averages indicate the presence of a short-term bullish trend. Prices broke through the area between the signal lines upwards, 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 to develop a decline in the British Pound against the US Dollar and a test of the…