The currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the 0.6507 area. The pair continues to move as part of the development of the fall and the downward channel. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall in the value of the currency pair. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance area near the level of 0.6545. Then, a rebound…
Author: forex24pro
The currency pair Canadian Dollar to US Dollar USD/CAD ends the trading week with growth near the level of 1.3549. The pair continues to move as part of the development of the fall and the bullish channel. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the currency pair and potential continued growth in the near future. At the moment, we should expect an attempt to develop a bearish correction and a test of the support level near the 1.3375 area. Then, a rebound upward and…
Quotes of the currency pair Dollar/Yen USD/JPY complete the trading week with a correction near the area of 151.36. The pair continues to move within the growth and bullish channel. Moving averages indicate a bullish trend. 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 growth from current levels. At the moment, we should expect an attempt to develop a price correction and a test of the support level near the 148.35 area. Then, a rebound upward and continued growth of the pair to…
Gold ends the trading week with growth near the 2232 area. XAU/USD quotes continue to move within the growth and bullish channel. Moving averages indicate a bullish trend in Gold. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers and a potential continuation of price growth. At the moment, we should expect an attempt to develop a price correction and a test of the support level near the 2145 area. Next, a rebound in prices and continued growth of Gold with a potential target above the level of 2445. GOLD Forecast April 1…
Quotes of the currency pair New Zealand Dollar are finishing the trading week as part of the development of a strong fall near the level of 0.5966. Moving averages indicate a bearish trend for the pair. 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 decline from current levels in the market. At the moment, we should expect an attempt to develop a bullish correction of the currency pair on Forex and a test of the resistance area near the level of 0.6045.…
Currency pair Dollar Franc USD/CHF ends the trading week near the level of 0.9009. The pair continues to move within the framework of growth development and has left the bearish channel. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the American currency and a potential continuation of the instrument’s growth from current levels. At the moment, we should expect an attempt to develop a price decline and a test of the support area near the level of 0.8965. Next, a rebound upwards and an attempt…
Bitcoin BTC/USD ends the trading week at the level of 70277 and continues to move as part of the development of growth and the formation of the “Triangle” pattern. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the asset and a potential continued growth in the asset’s quotes. At the moment, we can expect an attempt to develop a fall in the price of the coin and a test of the support area near the level of 61205. From where we can again expect a…
Ethereum ETH/USD ends the trading week at 3567 and continues to move within the correction and bullish channel. Moving averages indicate a bullish trend for ETH/USD. Prices have broken through the area between the signal lines upward, which indicates pressure from cryptocurrency buyers and potential continued growth from current levels. At the moment, we can expect an attempt to develop a price decline and a test of the support level near the 3035 area. From where we can again expect a rebound upward and continued growth in the rate and value of Ethereum with a potential target above the level…
Litecoin LTC/USD ends the trading week at 94.79 and continues to move within the growth and bullish channel. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines upward. This indicates pressure from buyers of the digital asset and potential continued growth in the Litecoin rate in the current trading week. At the moment, we should expect an attempt to develop a price decline and a test of the support area near the level of 89.05. From where we can again expect a rebound upward and an attempt to continue to grow in the…
Quotes of Silver XAG/USD end the trading week near the 24.94 area. Quotes continue to move within the framework of growth and the formation of the “Triangle” pattern. Moving averages indicate a bullish trend for an asset. Prices have broken through the area between the signal lines upward, which indicates pressure from metal buyers and potential continued growth from current levels. At the moment, we should expect an attempt to develop a minor bearish correction in the value of the asset and a test of the support level near the 24.25 area. Further, the price of Silver will continue to…