Silver complete the trading week near the area of 24.94. Quotes continue to move within the framework of growth and the beginning of the development of the “Head and Shoulders” reversal pattern. Moving averages indicate the presence of a bullish trend for the asset. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the metal and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a slight decrease in the value of the asset and a test of the support level near…
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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.
SHIBA INU ends the trading week at 0.00001094 and continues to move within the correction and formation of the “Triangle” pattern. Moving averages indicate a bullish trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the coin and a potential continuation of growth in the near future. As part of the SHIB/USD rate forecast for the next trading week, we should expect an attempt to develop a bullish correction in the value of the digital asset and a test of the resistance area near the level of 0.00001175. From where a rebound…
Dogecoin ends the trading week at 0.0827 and continues to move as part of the fall and the downward channel. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the coin and a potential continuation of growth in the near future. As part of the DOGE/USD rate forecast for the next trading week, we should expect an attempt to develop a rise in the value of the digital asset and test the resistance area near the level of 0.0965. From where a rebound down is expected…
Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the formation of the “Double Top” reversal pattern. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the European currency and a potential continuation of the growth of asset quotes already from current levels. At the time of the publication of the forecast, the EUR/USD exchange rate is 1.0919. As part of the Forex forecast for April 7, 2023, we should expect an attempt to develop…
Currency pair Pound/Dollar GBP/USD continues to move as part of the development of growth and a bullish channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.2470. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the currency pair and a potential continuation of the growth of the instrument. At the moment, we should expect an attempt to develop a depreciation of the British Pound against the US Dollar and…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the development of a bullish correction and a downward channel. Moving averages indicate the presence of 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 already from current levels. At the time of publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.6719. At the moment, we should expect an attempt to continue the development of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move within the correction and the bullish channel. At the time of publication of the forecast, the US Dollar to the Japanese Yen is 131.03. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of the US Dollar and a potential continuation of the fall in prices already from current levels. As part of the forecast for the Japanese Yen on April 6, 2023, we should expect…
Brent continue to move in the framework of growth and descending channel. At the time of publication of the forecast, the price of Brent oil is $ 84.79 per barrel. Sliding average indicate the presence of short -term bearish oil trend. Prices broke the area between the signal lines up, which indicates the pressure from the buyers of “Black Gold” and the potential continuation of the increase in the value of the asset from current levels. At the moment, it is worth expecting an attempt to develop correction and a test level of support near the area of 80.45 dollars…
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move in the framework of a strong fall and bull channel. At the time of publication of the forecast, the US dollar to the Canadian dollar is 1.3458. Sliding average indicate the presence of a short -term bull tendency in pairs. Prices broke the area between the signal lines down, which indicates the pressure from the sellers and the potential continuation of the drop in prices in the near future. At the moment, it is worth considering an attempt to develop price correction and a support level of support near…
GOLD continue to move as part of strong growth and the start of the Triangle pattern. At the time of publication of the forecast, the price of Gold is 2019 Dollars per Troy Ounce. Moving averages indicate the presence of a short-term bullish trend. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of the asset and a potential continuation of growth already from current levels. At the moment, we should expect an attempt to develop a correction and test the support level near the 1995 area. Where should we expect a rebound…