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…
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 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…
Brent crude oil quotes continue to move within the development of growth and a bullish channel. At the time of publication of the forecast, the price of Brent crude oil is $73.92 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 a potential continuation of the growth of the asset value from the current levels. At the moment, we should expect an attempt to develop a bearish correction and a test of the support level…
The USD/CAD currency pair continues to move within the framework of the development of growth and a bullish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.4321. 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 a decline in the Canadian Dollar price and test the support level near the…
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 3122 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 a correction in gold and a test of the support level near the 3080 area. From where we should…
XAG/USD quotes continue to move within the framework of the correction and bullish channel development. At the time of the forecast publication, the Silver price is 33.81. 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 33.15 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 growth development and have left the descending correction 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 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 0.5699. At the moment, we should expect an attempt to develop a bearish correction and a…