The Euro/Dollar currency pair EUR/USD continues to move as part of the development of a correction and a bearish 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 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 1.0831. As part of the Forex forecast for March 28, 2024, we should expect an attempt to develop a…
Author: forex24pro
The currency pair British Pound to US Dollar (GBP/USD) 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 1.2632. Moving averages indicate a short-term bullish 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…
The currency pair Australian Dollar to US Dollar (AUD/USD) continues to move as part of the development of a bullish correction and a downward channel. 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 0.6526. At the moment, we should expect an attempt to develop growth and test the…
The quotes of the USD/JPY currency pair continue to move as part of the development of growth and a bullish channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 151.16. 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 March 28, 2024, we should expect an attempt to develop a…
The quotes for Brent continue to move as part of the development of a bearish correction and a bullish channel. At the time of publication of the forecast, the price of Brent oil is $84.99 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices have broken through the area between the signal lines upward, 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…
The currency pair USD/CAD continues to move as part of the development of growth and a bullish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3592. 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 the potential continued growth of the price pair in the near future. At the moment, it is worth considering an attempt to develop a price correction and a test of the support level near the 1.3545 area. Next,…
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 2191 Dollars per Troy Ounce. Moving averages indicate a short-term bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the asset and potential continued growth from current levels. At the moment, we can expect an attempt to develop growth and a test of the resistance level near the 2205 area. From where we can expect a downward rebound and a…
The quotes of XAG/USD 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, prices for Silver are 24.52. 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 value of the metal and a test of the support level near the 24.35 area. Where can…
The quotes of the currency pair NZD/USD continue to move as part of the development of the fall and the downward channel. 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 of the currency pair and a potential continuation of the decline 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 0.6003. At the moment, we should expect an attempt to…
The USD/CHF currency pair continues to move within the growth and bullish channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc rate is 0.9053. 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 correction in the US Dollar rate against the Swiss Franc and a test of the support area…