Currency pair Dollar Franc USD/CHF ends the trading week near the level of 0.8178. The pair continues to move within the framework of the development of the fall and the beginning of the development of the “Triangle” model. The moving averages indicate the presence of a bearish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the American currency and a potential continuation of the instrument’s fall from the current levels. At the moment, we should expect an attempt to develop a bullish price correction and a test of the resistance…
Author: forex24pro
Bitcoin BTC/USD ends the trading week at 84553 and continues to move within the development of a bearish correction and a bullish channel. Moving averages indicate the presence of an upward trend. Prices are again testing the area between the signal lines, which indicates pressure from asset buyers and a potential continuation of the growth of BTCUSD quotes. At the moment, we should expect an attempt to develop a bearish correction in the coin price and a test of the support area near the level of 82605. From where we should again expect an upward rebound and continued growth of…
Ethereum ETH/USD ends the trading week with a fall at 1586 and continues to move within the fall and descending channel. Moving averages indicate a downward trend for ETH/USD. Prices have broken through the area between the signal lines downwards, which indicates pressure from cryptocurrency sellers and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a bullish price correction and a test of the resistance level near the 1775 area. From where we should again expect a downward rebound and a continuation of the fall in the rate…
Silver XAG/USD quotes end the trading week near the 32.56 area. Quotes continue to move within the framework of the development of the rise and the formation of the “Triangle” model. Moving averages indicate the presence of an upward trend for the asset. Prices are again testing the area between the signal lines, which indicates pressure from metal buyers and potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a correction in the asset value and a test of the support level near the 29.45 area. Next, the continuation of the…
The EUR/USD currency pair continues to move within the framework of growth development and the formation of the “Triangle” model. Moving averages indicate the presence of a short-term upward trend for the pair. Prices are again testing 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 1.1365. Within the framework of the Forex forecast for April 18, 2025, we should…
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 1.3236. 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…
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 0.6371. At the moment, we should expect an attempt to develop a bearish correction and a test of the support area near the level of…
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 18, 2025, we should expect an…
Brent crude oil quotes continue to move within the development of growth and a bullish channel. At the time of publication of the forecast, the price of Brent crude oil is $66.95 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 a potential continuation of the growth of the asset value from the current levels. At the moment, we should expect an attempt to develop a bearish correction and a test of the support level…
The USD/CAD currency pair continues to move within the framework of the development of the fall and the descending channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3869. 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…