Brent continue to move as part of a bullish correction and a downward channel. At the time of the publication of the forecast, the price of Brent oil is $78.43 per barrel. Moving averages indicate a short-term bearish trend in oil. Prices are again testing the area between the signal lines, which indicates pressure from the sellers of ”Black Gold” and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt to develop growth and test the resistance level near the area of 80.35 dollars per…
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.
Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of a strong fall and a bullish channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.3525. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from sellers and a potential continuation of the pair’s fall 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…
GOLD continue to move as part of the correction and the formation of the “Triangle” continuation model. At the time of the publication of the forecast, the price of Gold is 1979 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 1960 area. Where should we expect…
Silver continue to move as part of a strong growth and the completion of the formation of the “Head and Shoulders” reversal pattern at large time intervals. At the time of the publication of the forecast, the price of Silver is 23.73. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the asset and a potential continuation of the fall in value already from current levels. At the moment, we should expect an attempt to develop a correction in the value of the metal and a…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the correction and the formation of the “Wedge” model. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have gone down from 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 Forex forecast, the exchange rate of the New Zealand Dollar to the US Dollar is 0.6254.…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the formation of the bullish “Wolfe Wave” model. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.9139. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines down, which indicates pressure from sellers and a potential continuation of the fall in the value of the asset already from current levels. At the moment, we should expect an attempt to…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of growth and a bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 75.17. 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 US currency and a potential continuation of the growth of the US Dollar against the Russian Ruble. As part of the USD exchange rate forecast for April 3, 2023 we should expect an…
BTC/USD are trading at 27867 and continue to move as part of the correction and the formation of a reversal pattern. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $539,583,717,340. Moving averages indicate a short-term bullish trend for Bitcoin. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of ”Digital Gold” and a potential continuation of the growth in the value of the asset already from current levels. As part of the cryptocurrency rate forecast for tomorrow April 3, 2023 we should expect an attempt…
Ethereum are trading at 1772 and continue to move as part of the fall and the completion of the formation of the “Expanding Triangle” pattern. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $217,423,828,423. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and a potential continued growth in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a decrease in the value…
XRP/USD are trading at 0.5313 and continue to move as part of a strong growth and a bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $27,818,498,159. Moving averages indicate the presence of a short-term bullish trend for Ripple. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of the asset and a potential continuation of the growth of the XRP rate on the market already from current levels. At the moment, we should expect an attempt to develop a decrease in the asset…