Author: forex24pro

Ethereum are trading at 1806 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 $219,865,303,426. 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 0.5456 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 $28,196,507,286. 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…

LTC/USD are trading at 90.73 and continue to move as part of the development of a bullish correction and a downward channel. The capitalization of the Litecoin cryptocurrency at the time of the publication of the forecast is $6,587,475,702. 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…

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 23.24. 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…

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 Euro against the US Dollar is 1.0838. As part of the Forex forecast for March 30, 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 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 1.2330. 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 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 publication of the forecast, the Australian Dollar exchange rate against the US Dollar is 0.6693. At the moment, we should expect an attempt to develop a bullish correction…

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 130.71. 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 Japanese Yen exchange rate forecast for March 30, 2023, we should expect an attempt to…

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 $78.20 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 80.55 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 1.3611. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again testing 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 level…