ETH/USD quotes are traded at 1596 and continue to move as part of the development of a decrease and a downward channel. Sliding average indicate the presence of a short -term bearish trend on the ether. Prices broke through the area between the signal lines down, which indicates the pressure from the sellers and the potential continuation of the drop in the value of the asset from current levels. At the moment, it is worth expecting an attempt to develop bull correction of the coin and a test level of resistance near the area 1645. Where to again expect the…
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 EUR/USD currency pair continues to move within the framework of the development of growth and a bullish channel. Sellers broke the “Triangle” model, but the bullish momentum on the pair remains. Moving averages indicate the presence of a short-term upward trend for the pair. Prices broke 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…
The GBP/USD currency pair continues to move within the development of growth and an ascending channel. There is still potential for the formation of a “Wedge” reversal pattern. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.3272. 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 buyers of the currency pair and potential continuation of the growth of the instrument. At the moment, we should expect an attempt to develop an increase in the…
The AUD/USD currency pair continues to move within the correction and the formation of the Head and Shoulders reversal pattern. 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 in the value of the instrument from the current levels. At the time of publication of the forecast, the Australian Dollar to US Dollar exchange rate is 0.6371. At the moment, we should expect an attempt to develop an increase and test…
The USD/JPY currency pair continue to move within the framework of the decline development and the beginning of the implementation of the “Triangle” pattern. At the time of the forecast publication, the US Dollar to Japanese Yen exchange rate is 142.74. 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 of the US Dollar and a potential continuation of the price decline from the current levels. As part of the Japanese Yen exchange rate forecast for April 17, 2025,…
Brent crude oil quotes continue to move within the framework of the development of a bullish correction and the formation of a bearish “Wolfe Wave” pattern. At the time of publication of the forecast, the price of Brent crude oil is $65.55 per barrel. Moving averages indicate the presence of a short-term bearish trend for oil. Prices are again testing the area between the signal lines, 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…
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 1.3907. 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 a bullish channel. At the time of publication of the forecast, the price of Gold for today is 3305 Dollars per Troy Ounce. 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 sellers of the asset and potential continuation of growth from current levels. At the moment, we should expect an attempt to develop a decline in gold and a test of the support level near the 3265 area. From where…
XAG/USD quotes continue to move within the development of growth and a bullish channel. At the time of publication of the forecast, the Silver price is 32.96. Moving averages indicate the presence of a bullish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and a potential continuation of the price growth 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 32.55 area. Where should we expect a price rebound…
The NZD/USD currency pair continue to move within the framework of the growth development and the formation of the “Expanding Triangle” model. 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 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 0.5917. At the moment, we should expect an attempt to develop an…