The Euro/Dollar currency pair EUR/USD continues to move as part of the development of growth and the formation of the bullish “Wolfe Wave” pattern on higher timeframes. Moving averages indicate a short-term bearish trend for the pair. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the European currency and a potential continuation of growth in quotes of the asset pair from current levels. At the time of publication of the forecast, the Euro to US Dollar exchange rate is 1.0717. As part of the Forex forecast for April 26, 2024, we…
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 Pound/Dollar GBP/USD currency pair continues to move as part of the development of the fall and the bearish channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2495. Moving averages indicate 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 instrument’s decline. At the moment, we should expect an attempt to develop a rise in the rate of the British Pound against the American Dollar and a test…
The currency pair Australian Dollar to US Dollar (AUD/USD) continues to move as part of the development of growth and a downward channel. Moving averages indicate a short-term bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the currency pair and a potential continuation of the fall in the value of the instrument from current levels. At the time of publication of the forecast, the Australian Dollar to US Dollar exchange rate is 0.6518. At the moment, we should expect an attempt to develop growth and test the resistance area near…
The quotes of the USD/JPY currency pair continue to move within the framework of growth and bullish development. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 155.58. Moving averages indicate a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the US Dollar and a potential continuation of price growth from current levels. As part of the Japanese Yen exchange rate forecast for April 26, 2024, we should expect an attempt to develop a price correction and…
Brent oil quotes continue to move as part of the correction. At the time of publication of the forecast, the price of Brent oil is $87.21 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices are again testing the area between the signal lines, which indicates pressure from buyers of Black Gold and a potential continuation of growth in the value of the asset from current levels. At the moment, we should expect an attempt to develop a bearish correction and a test of the support level near the area of 86.45 dollars per barrel. Next, a…
The currency pair USD/CAD continues to move as part of the development of the fall and the bullish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3678. 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 fall of the price pair in the near future. At the moment, it is worth considering an attempt to develop a price rise and test the resistance level near the 1.3710…
The quotes of XAU/USD continue to move as part of the development of the correction and bearish channel. At the time of publication of the forecast, the price of Gold is 2322 Dollars per Troy Ounce. Moving averages indicate a short-term bearish trend. Prices went down the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we can expect an attempt to develop a bullish correction and a test of the resistance level near the 2335 area. From where we can expect a…
The quotes of XAG/USD continue to move as part of the development of the fall and the bearish channel. At the time of publication of the forecast, prices for Silver are 27.34. Moving averages indicate a downward trend. Prices moved down from the area between the signal lines, which indicates pressure from buyers and a potential continuation of price growth from current levels. At the moment, we should expect an attempt to develop growth in the value of the metal and a test of the resistance level near the area of 27.55. Where can we expect a downward rebound and…
The quotes of the currency pair NZD/USD continue to move as part of the development of a bullish correction and a downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the currency pair and a potential continuation of the fall in the value of the instrument from current levels. At the time of publication of the Forex forecast, the exchange rate of the New Zealand Dollar to the US Dollar is 0.5951. At the moment, we should expect an attempt to…
The USD/CHF currency pair continues to move within the growth and bullish channel. There is still potential for the formation of a Double Top reversal pattern. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc rate is 0.9131. Moving averages indicate a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of growth in the value of the asset from current levels. At the moment, we should expect an attempt to develop a rise in the US…