Author: forex24pro

Brent continue to move within the correction and have left the limits of the downward channel. At the time of the publication of the forecast, the price of Brent crude oil is $84.54 per barrel. Moving averages indicate the presence of a short-term bullish 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 a test of the…

Currency pair US Dollar to Canadian Dollar USD/CAD continues to move as part of strong growth and a bullish channel. At the time of publication of the forecast, the US Dollar to the Canadian Dollar is 1.3403. 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 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 reduction and a test of the support level near…

GOLD continue to move within the correction and the bullish channel. At the time of the publication of the forecast, the price of Gold is 1994 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 1900 area. Where should we expect a rebound upwards and continued…

Silver continue to move within the correction and the bullish channel. At the time of the publication of the forecast, the price of Silver is 24.97. 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 of the support level near the area of 24.35. Where should we expect a rebound…

Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD ccontinue 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 broken through the area between the signal lines down, 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 0.6170. At the moment, we…

Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the formation of the bullish “Wolfe Wave” pattern. At the time of the publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 0.8991. Moving averages indicate the presence of a short-term bearish 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 fall in the value of the asset already from current levels. At the moment, we should expect an attempt to…

Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of growth and a bullish channel. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 79.79. 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 19, 2023, we should expect an attempt…

BTC/USD are trading at 29467 and continue to move as part of the growth and the bullish channel. The capitalization of the Bitcoin cryptocurrency at the time of the publication of the forecast is $571,836,346,377. 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 19, 2023, we should expect an attempt to develop…

Ethereum are trading at 2079 and continue to move as part of the growth and the bullish channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $248,941,364,398. 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 of the coin and a test of…

XRP/USD are trading at 0.5069 and continue to move as part of a sideways correction and a bullish channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $26,436,653,919. 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…