The EUR/USD currency pair continues to move within the development of the correction and the descending 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 1.0825. Within the framework of the Forex forecast for April 1, 2025, we should expect an…
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 GBP/USD currency pair continues to move within the development of the rise and the bullish channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2939. 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 growth of the instrument. At the moment, we should expect an attempt to develop the fall of the British Pound against the US Dollar and a test of the…
The AUD/USD currency pair continues to move within the fall and bullish correction channel. The moving averages indicate the presence of a short-term bearish 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 fall in the instrument’s value from the current levels. At the time of publication of the forecast, the Australian Dollar to the US Dollar exchange rate is 0.6254. At the moment, we should expect an attempt to develop an increase and test the resistance area near the level of…
The USD/JPY currency pair continue to move within the framework of the fall and have left the limits of the bullish correction channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 149.20. 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 rate for April…
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 $73.02 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 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 $72.35…
The USD/CAD currency pair continues to move within the framework of growth development and the beginning of the implementation of the bullish “Wolf Wave” model. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.4343. 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 the decline in the Canadian Dollar price and…
XAU/USD quotes continue to move within the development of growth and a bullish channel. At the time of publication of the forecast, the price of Gold for today is 3120 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 current levels. At the moment, we should expect an attempt to develop a correction in gold and a test of the support level near the 3085 area. From where we should expect an…
XAG/USD quotes continue to move within the framework of the growth and bullish channel development. At the time of the forecast publication, the Silver price is 34.19. The moving averages indicate an upward trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continuation of price growth from current levels. At the moment, we should expect an attempt to develop a fall in the metal price and a test of the support level near the 33.75 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 a fall and a descending channel. The moving averages indicate the presence of a short-term bearish trend for the pair. Prices broke 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 0.5686. At the moment, we should expect an attempt to develop a bullish…
The USD/CHF currency pair continues to move within the development of the rise and the descending channel. At the time of the publication of the Forex forecast, the US Dollar to Swiss Franc exchange rate is 0.8811. 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…