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 oil is $ 59.99 per barrel. Moving averages indicate the presence of a short-term bullish 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 asset price from the current levels. At the moment, we should expect an attempt to develop a bullish correction and test the resistance level near…
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 1.4201. 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 and a potential continuation of the fall of the price pair 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…
XAU/USD quotes continue to move within the framework of the development of growth and the beginning of the development of the “Triangle” model. At the time of publication of the forecast, the price of Gold for today is 3046 Dollars per Troy Ounce. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from asset sellers and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a bearish correction of gold and a test of…
XAG/USD quotes continue to move within the development of the correction and the descending channel. At the time of publication of the forecast, the Silver price is 30.37. 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 and a potential continuation of the fall in price from the current levels. At the moment, we should expect an attempt to develop a decrease in the cost of the metal and a test of the support level near the 29.15 area. From where we should expect…
The NZD/USD currency pair continue to move within the development of a fall and a descending channel. 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 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 0.5556. At the moment, we should expect an attempt to develop an increase…
The USD/CHF currency pair continues to move within the development of the correction and the descending channel. At the time of the publication of the Forex forecast, the US Dollar to Swiss Franc exchange rate is 0.8418. The 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 and a potential continuation of the fall in the asset value from the current levels. At the moment, we should expect an attempt to develop the growth of the US Dollar against the…
BTC/USD quotes are trading at 77185 and continue to move within the framework of the development of a bullish correction and a descending channel. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have broken through the area between the signal lines downwards, indicating pressure from sellers of “Digital Gold” and potential continuation of the bearish impulse in the asset’s value from current levels. As part of the cryptocurrency rate forecast for tomorrow, April 10, 2025, we should expect an attempt to develop an increase in the value of the digital asset and a test of the resistance level…
ETH/USD quotes are trading at 1480 and continue to move within the development of a bullish correction and a descending channel. Moving averages indicate the presence of a short-term bearish trend for Ether. 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 a bullish correction of the coin and a test of the resistance level near the 1585 area. From where we should again expect a downward rebound in prices and a…
The EUR/USD currency pair continues to move within the development of the correction and the bullish channel. The moving averages indicate the presence of a short-term upward trend for the pair. Prices are again testing the area between the signal lines, 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 1.0934. Within the framework of the Forex forecast for April 9, 2025, we should expect an attempt…
The GBP/USD currency pair continues to move within the framework of the fall development and has left the bullish channel. At the time of the forecast publication, the Pound to US Dollar exchange rate on Forex is 1.2747. The 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 sellers of the currency pair and a potential continuation of the instrument’s fall. At the moment, we should expect an attempt to develop the rise of the British Pound against the US Dollar and a test…