XAU/USD quotes continue to move within the development of the correction and the bullish channel. At the time of publication of the forecast, the price of Gold for today is 3095 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 asset buyers and potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop gold growth and a test of the resistance level near the 3135 area. From where we should expect a…
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.
XAG/USD quotes continue to move within the framework of the fall and bullish channel development. At the time of the forecast publication, the Silver price is 33.55. The moving averages indicate an upward 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 bullish correction in the price of the metal and a test of the resistance level near the 33.45 area. Where should we expect a price rebound…
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 bearish 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 US Dollar exchange rate is 0.5837. At the moment, an attempt to develop an increase and a test of the resistance level…
The USD/CHF currency pair continues to move within the development of a strong fall and a descending channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc exchange rate is 0.8634. 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 asset’s fall from the current levels. At the moment, we should expect an attempt to develop a decline in the US Dollar against the Swiss Franc and a…
BTC/USD quotes are trading at 83102 and continue to move within the development of the correction and the descending channel. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of “Digital Gold” and a potential continuation of the development of the bearish impulse of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, April 4, 2025, we should expect an attempt to develop an increase in the value of the digital asset and a…
ETH/USD quotes are trading at 1792 and continue to move within the framework of the development of the fall and the descending channel. Moving averages indicate a short-term bearish trend for Ethereum. 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 1965 area. From where we should again expect a downward rebound in prices and a continuation…
The EUR/USD currency pair continues to move within the growth development and has left the descending correction 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 1.0853. As part of the Forex forecast for April 3, 2025, we should expect an…
The GBP/USD currency pair continues to move within the framework of the correction development and the formation of the “Triangle” model. At the time of the forecast publication, the Pound to US Dollar exchange rate on Forex is 1.2940. 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 a decline in the British Pound against the US Dollar and a…
The AUD/USD currency pair continues to move within the growth and has left the descending correction channel. The 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 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 forecast, the Australian Dollar to the US Dollar exchange rate is 0.6304. At the moment, we should expect an attempt to develop a fall and a test of the support area…
The USD/JPY currency pair continue to move within the framework of the development of the fall and the formation of the “Head and Shoulders” reversal pattern. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 149.24. 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 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…