Author: forex24pro

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 77.92. 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 7, 2023, we should expect an…

BTC/USD are trading at 28043 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 $540,428,466,431. 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 exchange rate forecast for tomorrow, April 7, 2023, we should expect an…

Ethereum are trading at 1898 and continue to move as part of a slight increase 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 $228,120,932,501. 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…

XRP/USD are trading at 0.4993 and continue to move within the correction and the bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $25,880,334,691. 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 and a test…

LTC/USD are trading at 91.94 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 $6,707,058,493. Moving averages indicate the presence of a short-term bullish trend for Litecoin. Prices have broken through the area between the signal lines up, 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…

Currency pair Euro/Dollar EUR/USD continues to move as part of the growth and the beginning of the development of the “Triangle” model. 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 1.0957. As part of the Forex forecast for April 6, 2023, we should expect an…

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 1.2492. 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 0.6740. 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 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 131.77. 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,…

Brent continue to move within the framework of growth and a downward channel. At the time of publication of the forecast, the price of Brent crude oil is $84.52 per barrel. Moving averages indicate a short-term bearish trend in oil. Prices have broken through the area between the signal lines up, which indicates pressure from buyers of Black Gold and a potential continuation of the growth in the value of the asset already from current levels. At the moment, we should expect an attempt to develop a correction and test the support level near the area of 81.65 dollars per…