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…
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.
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…
BTC/USD quotes are trading at 81424 and continue to move within the development of the fall and the descending channel. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices have broken through the area with 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 1, 2025, we should expect an attempt to develop growth in the value of the digital asset and a test of…
ETH/USD quotes are trading at 1785 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 value decline 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 1865 area. From where we should again expect a downward rebound in prices and a…
The Euro Dollar EUR/USD currency pair ends the trading week with a fall near the level of 1.0786. The moving averages indicate a bearish 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 probable continuation of growth from the current levels. As part of the Euro exchange rate forecast for the trading week, we should expect an attempt to develop growth in the EUR/USD quotes and a test of the resistance area near the level of 1.0925. From where a downward rebound and…
BRENT oil quotes are ending the trading week near the area of 73.07 dollars per barrel. Moving averages indicate the presence of a bearish trend. Prices broke through the area with signal lines downwards, which indicates pressure from raw material 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 and a test of the support area near the level of 70.45. Then, it is worth considering an upward rebound and continued growth of oil to the area above the level of 79.75 dollars per…
The currency pair Pound/Dollar GBP/USD is finishing the trading week within the framework of the development of growth and a bullish channel near the level of 1.2940. The moving averages indicate the presence of a downward trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from sellers and a potential continuation of the decline in the British Pound against the US Dollar from the current levels. At this point, we should expect an attempt to develop growth and a test of the resistance area near the level of 1.2985. Next, a rebound downwards and…