The quotes of XAU/USD continue to move as part of the development of growth and a bullish channel. At the time of publication of the forecast, the price of Gold is 2353 Dollars per Troy Ounce. Moving averages indicate a short-term bullish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the asset and potential continued growth from current levels. At the moment, we should expect an attempt to develop a decline and a test of the support level near the 2320 area. From where we can expect a rebound upward…
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 quotes of XAG/USD continue to move as part of the development of growth and a bullish channel. At the time of publication of the forecast, prices for Silver are 27.99. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines upward, 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 a bearish correction in the price of the metal and a test of the support level near the 26.85 area. Where can we expect an upward rebound…
The quotes of the currency pair NZD/USD continue to move as part of the development of a correction and the formation of a Double Top reversal pattern. Moving averages indicate a short-term bearish trend for the pair. Prices have broken upward in the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the growth 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 0.6034. At the moment, we…
The USD/CHF currency pair continues to move as part of the growth and formation of the “Triangle” pattern. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc rate is 0.9048. Moving averages indicate a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, 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 correction in the US Dollar rate against the Swiss Franc and a test…
BTC/USD quotes are trading at 69840 and continue to move within a minor correction and bullish channel. Moving averages indicate a short-term bullish trend for Bitcoin. Prices are again testing the area between the signal lines, which indicates pressure from buyers of Digital Gold and a potential continuation of growth in the value of the asset from current levels. As part of the forecast for the cryptocurrency rate for tomorrow, April 10, 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 area of…
ETH/USD are trading at 3595 and continue to move as part of the development of the correction and bullish channel. Moving averages indicate a short-term bullish trend for Ether. Prices have broken through the area between the signal lines upward, 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 can expect an attempt to develop a bearish correction in the value of the coin and a test of the support level near the 3405 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 strong growth and a bearish channel. 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 1.0824. As part of the Forex forecast for April 9, 2024, we should expect an attempt to develop a…
The currency pair British Pound to US Dollar (GBP/USD) continues to move as part of the development of a correction and a bearish channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2619. 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 instrument’s fall. At the moment, we should expect an attempt to develop a rise in the rate of the British Pound against the American Dollar…
The currency pair Australian Dollar to US Dollar (AUD/USD) continues to move as part of the development of the correction and the formation of the “Triangle” pattern. Moving averages indicate a short-term bearish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the currency pair and a potential continuation of the growth 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 0.6580. At the moment, we should expect an attempt to develop a rise…
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 151.88. 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 exchange rate on April 9, 2024, we should expect an attempt to develop a price…