Author: forex24pro

Quotes of the currency pair Dollar/Yen USD/JPY are completing the trading week of a bullish correction within the descending channel near the 145.44 area. The moving averages indicate a bearish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the US dollar and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a bullish price correction and a test of the resistance level near the 146.75 area. Then, a rebound downwards and a continuation of the fall of the pair…

GOLD ends the trading week with a correction near the 3329 area. XAU/USD quotes continue to move within the growth and bullish channel. Moving averages indicate an upward trend for Gold. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continuation of price growth. At the moment, we should expect an attempt to develop a bearish price correction and a test of the support level near the 3195 area. Further, a rebound in prices upwards and continued growth of XAUUSD in the current trading week with a potential target above the…

Quotes of the currency pair New Zealand Dollar against the US Dollar NZD/USD are ending the trading week with a fall near the 0.5895 level. Moving averages indicate a bearish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and potential continuation of growth from the current levels on the market. At the moment, we should expect an attempt to develop a bullish correction of the currency pair on Forex and a test of the resistance area near the level of 0.5995. Then, a rebound…

Currency pair Dollar Franc USD/CHF ends the trading week near the level of 0.8309. The pair continues to move within the development of a bullish correction and the beginning of the implementation of the “Triangle” pattern. The moving averages indicate the presence of a bearish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the American currency and a potential continuation of the instrument’s fall from the current levels. At the moment, we should expect an attempt to develop price growth and a test of the resistance area near the level…

Bitcoin BTC/USD ends the trading week at 102719 and continues to move within the development of growth and a bullish channel. Moving averages indicate the presence of an upward trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from asset buyers and a potential continuation of the growth of BTCUSD quotes. At the moment, we should expect an attempt to develop a bearish correction in the coin price and a test of the support area near the level of 94505. From where we should again expect an upward rebound and continued growth of the…

Ethereum ETH/USD ends the trading week with growth at the level of 2211 and continues to move within the development of growth and left the descending channel. Moving averages indicate the presence of a downward trend for ETH/USD. Prices are again testing the area between the signal lines, which indicates pressure from cryptocurrency sellers and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a price decline and a test of the support level near the 1785 area. From where we should again expect an upward rebound and continued…

Silver XAG/USD quotes end the trading week near the 32.55 area. Quotes continue to move within the framework of the correction development and the formation of the “Triangle” model. Moving averages indicate the presence of an upward trend for the asset. Prices have broken through the area between the signal lines upwards, which indicates pressure from metal buyers and potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a correction in the asset value and a test of the support level near the 30.45 area. Next, the continuation of the growth…

XRP/USD end the trading week at 2.2860 and continue to move within the development of the correction and the bullish channel. Moving averages indicate the presence of a bullish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from XRP buyers and potential continuation of the growth of the cryptocurrency from the current levels. As part of the XRP forecast for the week of May 12 — 16, 2025, a bearish correction is expected to develop and a test of the support area near 2.2565. From where we should again expect an upward rebound…

May 8, 2025 – Warsaw, Poland – Tradefulness, the AI-powered trading companion, is now officially available into the Earn Online Broker platform in a PoC version. This collaboration provides traders with optional access to a cutting-edge tool designed to support self-awareness, behavioral insight, and psychological guidance. Starting today, all Earn users have the option to access Tradefulness directly from their dashboard to track emotional states, receive mindset recommendations, and explore the behavioral factors influencing their trading results. Key Features Now Available in Earn Online Broker: Emotions + Performance Analytics By correlating trading results and emotional states, Tradefulness uncovers how your…

The EUR/USD currency pair continues to move within the framework of the development of the fall and the beginning of the implementation of the reversal model “Head and Shoulders”. The moving averages indicate the presence of a short-term upward trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers of the European currency and a potential continuation of the growth of quotes of the currency pair from the current levels. At the time of publication of the forecast, the Euro to Dollar exchange rate for today is 1.1278. Within the framework…