Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the formation of a large reversal pattern “Double Top”. 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 1.0885. As part of the Forex forecast for April 5, 2023, we should expect an attempt to…
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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.
Currency pair Pound/Dollar GBP/USD continues to move as part of the development of a bullish correction and a downward channel. At the time of the publication of the forecast, the Pound to the US Dollar exchange rate on Forex is 1.2390. 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 the US…
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 have broken through the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continued growth 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 0.6782. At the moment, we should expect an attempt to develop a bullish correction 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 132.41. 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 Japanese Yen exchange rate forecast for April 5, 2023,…
Brent continue to move within the framework of strong growth and a downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $84.53 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 81.05…
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 1.3434. 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 publication of the forecast, the price of Gold is 1987 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 1965 area. Where should we…
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 23.96. 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 formation of the “Wedge” model. Sliding average indicate the presence of a short -term bearish trend in pair. Prices pierced the area between the signal lines up, which indicates the pressure from the buyers of the currency pair and the potential continuation of the increase in the cost of the tool from current levels. At the time of the publication of Forex forecasts, the New Zealand dollar to the US dollar is 0.6286. At the moment, it is worth…
Currency pair Dollar Franc USD/CHF continues to move in the framework of the correction and formation of a bullish “Wolf wave”. At the time of the publication of Forex forecast, the US dollar to the Swiss Frank is 0.9131. Sliding average indicate the presence of a short-term bearish trend in pair. Prices broke through the area between the signal lines down, which indicates the pressure from the sellers and the potential continuation of the drop in the value of the asset from current levels. At the moment, it is worth expecting an attempt to develop the correction of the US…