BTC/USD quotes are trading at 66796 and continue to move within the correction and bullish channel. Moving averages indicate a short-term bullish trend for Bitcoin. Prices have broken through the area between the signal lines upward, 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 27, 2024, we should expect an attempt to develop a bearish correction in the value of the digital asset and a test of the support level near the 65095 area. From…
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.
ETH/USD are trading at 3440 and continue to move as part of the development of growth and a bullish channel. Moving averages indicate a short-term upward trend for Ethereum. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of growth in the value of the asset from current levels. At the moment, we can expect an attempt to develop a bearish correction in the value of the coin and a test of the support level near the 3285 area. From where we can again expect a rebound in prices and…
The Euro/Dollar currency pair EUR/USD ends the trading week with a fall near the 1.0889 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 1.1065. Where is the expected rebound downwards and the continuation of the fall of the Euro Dollar. A potential target for decline…
BRENT oil quotes end the trading week near the area of 85.22 dollars per barrel. There is still potential for the completion of the formation of the Double Bottom reversal pattern. Moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from commodity sellers and a potential continuation of the fall from current levels. At the moment, we should expect an attempt to develop a fall and test the support area near the level of 83.65. Then, it is worth considering a rebound upward and continued growth of oil to the…
The Pound/Dollar GBP/USD currency pair ends the trading week as part of the development of a decline and has left the bullish channel. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of the growth of the British Pound against the US Dollar from current levels. At this time, we should expect an attempt to develop a rise and test the resistance area near the level of 1.2965. Next, a rebound downwards and the beginning of the fall of the Pound/Dollar quotes to the…
The currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the 0.6518 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 0.6675. Then, a rebound…
The currency pair Canadian Dollar to US Dollar USD/CAD ends the trading week with growth near the level of 1.3563. 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 1.3350 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 151.48. 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 148.65 area. Then, a rebound upward and continued growth of the pair to…
Gold ends the trading week with growth near the 2168 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 2095 area. Next, a rebound in prices and continued growth of Gold with a potential target above the level of 2365. GOLD Forecast March 25…
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 0.6008. 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 0.6145.…