The quotes of the USD/JPY currency pair continue to move as part of the development of a strong correction and bullish. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 155.82. 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 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 April 30, 2024, we should expect an attempt to develop…
Author: forex24pro
Brent oil quotes continue to move as part of the development of a correction and the formation of a “Double Bottom” reversal pattern. At the time of publication of the forecast, the price of Brent oil is $87.90 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…
The currency pair USD/CAD continues to move as part of the development of the fall and the bullish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3651. 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 and a potential continuation of the fall of the price pair in the near future. At the moment, it is worth considering an attempt to develop a price rise and test the resistance level near the 1.3680…
The quotes of XAU/USD continue to move as part of the development of the correction and bearish channel. At the time of publication of the forecast, the price of Gold is 2342 Dollars per Troy Ounce. Moving averages indicate a short-term bearish trend. Prices moved up from the area between the signal lines, which indicates pressure from sellers of the asset and a potential continuation of the fall from current levels. At the moment, we can expect an attempt to develop a bullish correction and a test of the resistance level near the 2360 area. From where we can expect…
The quotes of XAG/USD continue to move as part of the development of the fall and the bearish channel. At the time of publication of the forecast, prices for Silver are 27.37. Moving averages indicate a downward trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in value from current levels. At the moment, we should expect an attempt to develop growth in the value of the metal and a test of the resistance level near the area of 27.65. Where can we expect a downward…
The quotes of the currency pair NZD/USD continue to move as part of the development of growth and a downward 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 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 0.5951. At the moment, we should expect an attempt to develop…
The USD/CHF currency pair continues to move within the correction and bullish channel. There is still potential for the formation of a Double Top reversal pattern. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc rate is 0.9113. 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 rise in the US…
BTC/USD quotes are trading at 62611 and continue to move within the bearish correction and bullish channel. Moving averages indicate a short-term bullish trend for Bitcoin. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of Digital Gold and a potential continuation of the fall in the value of the asset from current levels. As part of the forecast for the cryptocurrency rate for tomorrow, April 30, 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…
ETH/USD are trading at 3191 and continue to move as part of the development of the correction and the formation of the “Wedge” reversal pattern. 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 an increase in the value of the coin and a test of the resistance level near the area of 3245. From where we can…
The Euro/Dollar currency pair EUR/USD ends the trading week with growth as part of the beginning of the development of the bullish “Wolfe Wave” model. Moving averages indicate a bearish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the European currency and a likely continuation of the fall from current levels. At the moment, we should expect an attempt to develop a decline in the pair’s quotes and a test of the support area near the level of 1.0615. Where is the expected upward rebound and continued rise of the…