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 bullish 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 fall 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 0.6096. At the moment, we should expect an…
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 USD/CHF currency pair continues to move within the correction and bullish channel. There is still potential for the formation of a “Head and Shoulders” reversal pattern. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc rate is 0.8799. 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 the growth of the…
BTC/USD quotes are trading at 59353 and continue to move within the growth 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 1, 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 58365 area. From…
ETH/USD quotes are trading at 3345 and continue to move as part of the development of growth and a bullish channel. Moving averages indicate a short-term bullish trend for Ether. 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 can expect an attempt to develop a decline in the value of the coin and a test of the support level near the area of 3275. From where we can again expect a rebound in…
The Euro/Dollar currency pair EUR/USD continues to move as part of the development of a bullish correction and a bearish channel. There is still potential for the formation of a Double Top reversal pattern. 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 European currency and a potential continuation of growth 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 1.0839. As part of the…
The currency pair British Pound to US Dollar (GBP/USD) ontinues to move as part of the development of a bullish correction and a downward channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2672. 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 potential continued growth of the instrument. 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 the fall and the bearish channel. Moving averages indicate a short-term bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the currency pair and a potential continuation of the fall 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 0.6538. At the moment, we should expect an attempt to develop a bullish correction and a test…
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 150.34. 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 February 28, 2024, we should expect an attempt to develop a…
The quotes for Brent continue to move as part of the development of the correction and the formation of the “Triangle” pattern. At the time of publication of the forecast, the price of Brent oil is $82.04 per barrel. Moving averages indicate a short-term bullish trend for oil. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of Black Gold and a potential continuation of the fall 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 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 1.3520. 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 1.3455 area.…