ETH/USD quotes are trading at 1592 and continue to move within the framework of the development of the correction 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 1665 area. From where we should again expect a downward rebound in prices and a continuation…
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 growth development and the bullish 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 1.1035. As part of the Forex forecast for April 10, 2025, we should expect an…
The GBP/USD currency pair continues to move within the development of a bullish correction and an ascending channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2820. 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 an increase in the British Pound against the US Dollar exchange rate and a test…
The AUD/USD currency pair continues to move within the correction and descending 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 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 0.6044. At the moment, we should expect an attempt to develop growth and a test of the resistance area near the level…
The USD/JPY currency pair continue to move within the development of a decline and a descending channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 145.20. 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 10, 2025, we should expect an…
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…
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…