Author: forex24pro

LTC/USD are trading at 86.45 and continue to move as part of the development of the correction and the downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $6,391,517,321. Moving averages indicate the presence of a short-term sideways 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 downward 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 Euro against the US Dollar is 1.0763. As part of the Forex forecast for March 28, 2023, we should expect an attempt to develop a price correction and test…

Currency pair Pound/Dollar GBP/USD continues to move as part of the correction and the formation of the “Head and Shoulders” reversal pattern. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.2257. 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 the growth of the British Pound against…

Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the development of the fall and the downward channel. Moving averages indicate the presence of a short-term bearish trend. 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 the publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.6733. At the moment, we should expect an attempt to develop a bullish…

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 131.19. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken down 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 28, 2023, we should expect an attempt to…

Brent continue to move as part of a strong fall and a downward channel. At the time of the publication of the forecast, the price of Brent oil is $75.07 per barrel. Moving averages indicate a short-term bearish trend in oil. Prices have broken through the area between the signal lines down, 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 77.45 dollars…

Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of a downward correction and a bullish channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.3722. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices have gone up from the area between the signal lines, which indicates pressure from buyers and a potential continuation of the price pair growth in the near future. At the moment, it is worth considering an attempt to develop a price correction and a test of the support…

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 1962 Dollars per Troy Ounce. Moving averages indicate the presence of a short-term bullish trend. 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 and a test of the support level near the 1945 area. Where should we expect a…

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 22.94. 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 fall and the downward channel. 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 0.6199. At the moment,…