BTC/USD quotes are trading at 63871 and continue to move within the bearish correction and bullish channel. Moving averages indicate a short-term bullish trend for Bitcoin. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of Digital Gold and a potential continuation of the fall in the value of the asset from current levels. As part of the forecast for the cryptocurrency rate for tomorrow, April 26, 2024, we should expect an attempt to develop a decline in the value of the digital asset and a test of the support level near 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.
ETH/USD are trading at 3132 and continue to move as part of the development of a correction and a bearish channel. Moving averages indicate a short-term bearish trend for Ether. 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 value of the asset from current levels. At the moment, we should expect an attempt to develop a fall in the value of the coin and a test of the support level near the 3065 area. From where we can again expect a rebound in…
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 are again testing the area between the signal lines, which indicates pressure from sellers of the European currency and a potential continuation of the fall 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 1.0684. As part of the Forex forecast for April 25, 2024, we…
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 1.2427. 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 0.6498. 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 154.91. 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 forecast for the Japanese Yen rate on April 25, 2024, we should expect an attempt to develop a price correction…
Brent oil quotes continue to move as part of the development of the correction and the formation of the “Wedge” reversal pattern. At the time of publication of the forecast, the price of Brent oil is $86.77 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…
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 1.3705…
The quotes of XAU/USD continue to move as part of the development of the fall and the bearish channel. At the time of publication of the forecast, the price of Gold is 2315 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…
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 27.11. 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 27.35. Where can we expect a downward rebound and…