Author: forex24pro

LTC/USD are trading at 87.54 and continue to move as part of the development of the fall and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $6,396,228,634. Moving averages indicate the presence of a short-term bullish trend for Litecoin. Prices are again testing 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 of the digital asset and a test of the resistance…

Currency pair Euro/Dollar EUR/USD continues to move within the correction and the bullish channel. 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 1.0846. As part of the Forex forecast for March 31, 2023, we should expect an attempt to develop a price correction and test the resistance…

Currency pair Pound/Dollar GBP/USD continues to move as part of the development of bull correction and the descending channel. At the time of publication of the forecast, the pound for the US dollar on Forex is 1.2322. Sliding average indicate the presence of a short -term bull tendency. Prices broke the area between the signal lines up, which indicates pressure from the buyers of the currency pair and the potential continuation of the growth of the tool. At the moment, it is worth expecting an attempt to develop a growth rate of the British pound against the American dollar and…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the development of correction and the descending channel. Sliding average indicate the presence of a short -term bear’s trend. Prices went down from the area between the signal lines, which indicates the pressure from the sellers of the currency pair and the potential continuation of the drop in the cost of the tool from current levels. At the time of publication of the forecast, the Australian dollar to the US dollar is 0.6687. At the moment, it is worth expecting an attempt to develop bull correction of the…

Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the growth and the bullish channel. At the time of the publication of the forecast, the US Dollar to the Japanese Yen is 132.34. 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 sellers of the US Dollar and a potential continuation of price growth already from current levels. As part of the forecast for the Japanese Yen on March 31, 2023, we should expect…

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 crude oil is $78.77 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 80.75 dollars…

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 1.3573. 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” model. At the time of publication of the forecast, the price of Gold is 1963 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 a test of the support level near the 1955 area. Where should we expect…

Silver continue to move as part of the correction 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 23.21. 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 test…

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 rate of the New Zealand Dollar to the US Dollar is 0.6240. At…