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 153.89. 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 16, 2024, we should expect an attempt to develop a price…
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 for Brent continue to move as part of the development of a correction and a bullish channel. At the time of publication of the forecast, the price of Brent oil is $89.80 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…
The currency pair USD/CAD continues to move as part of the development of the correction and bullish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3737. 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 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 1.3665 area.…
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 2358 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 2325 area. From where we can expect a rebound upward…
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 27.97. 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 27.55 area. Where can we expect a rebound upward…
The quotes of the currency pair NZD/USD continue to move as part of the development of the fall and the bearish channel. 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 0.5943. 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 0.9125. 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…
BTC/USD quotes are trading at 66234 and continue to move within the 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 16, 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 61205 area. From…
ETH/USD are trading at 3250 and continue to move as part of the development of growth 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 can expect an attempt to develop a bullish correction in the value of the coin and a test of the resistance level near the area of 3405. From where we can again expect a rebound…
The Euro/Dollar currency pair EUR/USD ends the trading week with a correction near the 1.0646 area. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines upward, which indicates pressure from buyers of the European currency and a likely continuation of growth from current levels. At the moment, we should expect an attempt to develop a rise in the pair’s quotes and a test of the resistance area near the level of 1.0705. Where is the expected rebound downwards and the continuation of the fall of the Euro Dollar. A potential target for decline…