NZDUSD Forecast and Analysis for May 13, 2025 suggests an attempt to test the resistance area near the level of 0.5905.
Author: forex24pro
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.
USDCHF Forecast Dollar Franc for May 13, 2025suggests an attempt to develop a bearish correction and test the support area near the level of 0.8375.
Bitcoin Forecast and Analysis for May 13, 2025 suggests an attempt to test the support level near the 102065 area.
Ethereum Forecast and Analysis for May 13, 2025 suggests a bearish correction attempt and a test of the support area near the 2405 level.
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The Euro Dollar EUR/USD currency pair ends the trading week with growth near the level of 1.1227. The moving averages indicate a bullish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the European currency and a probable continuation of growth from the current levels. As part of the Euro exchange rate forecast for the trading week, we should expect an attempt to develop growth in the EUR/USD pair and a test of the resistance area near the level of 1.1375. From where a downward rebound and continued…
BRENT oil quotes are ending the trading week near the area of 63.82 dollars per barrel. Moving averages indicate the presence of a bearish trend. Prices broke through the area with signal lines downwards, which indicates pressure from raw material sellers and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a fall and a test of the support area near the level of 59.45. Then, it is worth considering an upward rebound and continued growth of oil to the area above the level of 71.05 dollars per barrel.…
The currency pair Pound/Dollar GBP/USD ends the trading week within the development of a fall and a bullish channel near 1.3233. The moving averages indicate a bullish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from sellers and a potential continuation of the growth of the British Pound against the US Dollar from the current levels. At this point, we should expect an attempt to develop growth and a test of the resistance area near 1.3325. Next, a rebound downwards and a continuation of the fall of the Pound Dollar quotes to the…
The currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the 0.6403 area. The pair continues to move within the development of a fall and a descending channel. The moving averages indicate a bearish trend. Prices are again testing the area between the signal lines, which indicates pressure from asset sellers and a potential continuation of the fall in the value of the currency pair. At the moment, we should expect an attempt to develop a bullish correction and a test of the resistance area near the 0.6505 level. Then, a downward rebound and a continuation…
The currency pair Canadian Dollar to US Dollar USD/CAD ends the trading week with growth within the bullish channel. The moving averages indicate an upward trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the currency pair and a potential continuation of the fall in the near future. At the moment, we should expect an attempt to develop a bearish correction and test the support level near the 1.3815 area. Then, an upward rebound and continued growth of quotes with a target above the 1.4425 level. USD/CAD Weekly Forecast May 12…