Author: forex24pro

The currency pair British Pound to US Dollar (GBP/USD) continues to move as part of the development of the fall and has left the bullish channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2691. 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 currency pair and potential continued growth of the instrument. At the moment, we should expect an attempt to develop the growth rate of the British Pound against the American Dollar and…

The currency pair Australian Dollar to US Dollar (AUD/USD) continues to move as part of the development of a correction and a bearish channel. Moving averages indicate a short-term bearish trend. Prices have broken through the area between the signal lines downwards, 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 0.6517. At the moment, we should expect an attempt to develop a bullish correction and a…

The quotes of the USD/JPY currency pair continue to move as part of the development of strong growth and a bullish channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 150.41. 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 for March 20, 2024, we should expect an attempt…

The quotes for Brent 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 Brent oil is $86.74 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 near the…

The currency pair USD/CAD continues to move as part of the development of strong growth and the formation of the bullish Wolfe Wave pattern. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3565. 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 price growth and test the resistance level near…

The quotes of XAU/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, the price of Gold is 2157 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 can expect an attempt to develop a bearish correction and a test of the support level near the area of 2145. From…

The quotes of XAG/USD continue to move as part of the development of the correction and bullish channel. At the time of publication of the forecast, prices for Silver are 24.92. 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 24.55 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 have left the bullish 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 0.6050. At the moment, we should expect an…

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 0.8872. 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 63329 and continue to move as part of the correction and the formation of the “Wedge” reversal pattern. 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 cryptocurrency rate forecast for tomorrow, March 20, 2024, we should expect an attempt to develop a bearish correction in the value of the digital asset and a test of the support…