Author: forex24pro

BTC/USD quotes are trading at 81424 and continue to move within the development of the fall and the descending channel. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices have broken through the area with signal lines downwards, which indicates pressure from sellers of “Digital Gold” and a potential continuation of the development of the bearish impulse of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, April 1, 2025, we should expect an attempt to develop growth in the value of the digital asset and a test of…

ETH/USD quotes are trading at 1785 and continue to move within the framework of the development of the fall and the descending channel. Moving averages indicate a short-term bearish trend for Ethereum. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers and a potential continuation of the asset’s value decline from current levels. At the moment, we should expect an attempt to develop a bullish correction of the coin and a test of the resistance level near the 1865 area. From where we should again expect a downward rebound in prices and a…

The Euro Dollar EUR/USD currency pair ends the trading week with a fall near the level of 1.0786. The 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 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 quotes and a test of the resistance area near the level of 1.0925. From where a downward rebound and…

BRENT oil quotes are ending the trading week near the area of ​​73.07 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 bearish correction and a test of the support area near the level of 70.45. Then, it is worth considering an upward rebound and continued growth of oil to the area above the level of 79.75 dollars per…

The currency pair Pound/Dollar GBP/USD is finishing the trading week within the framework of the development of growth and a bullish channel near the level of 1.2940. The moving averages indicate the presence of a downward trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from sellers and a potential continuation of the decline in 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 the level of 1.2985. Next, a rebound downwards and…

The currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the area of ​​0.6286. There is still potential for the formation of a reversal pattern “Head and Shoulders”. The pair continues to move within the development of a sideways correction and a descending channel. Moving averages indicate the presence of a bearish trend. Prices broke through the area between the signal lines downwards, 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…

The currency pair Canadian Dollar to US Dollar USD/CAD ends the trading week with a correction within the bullish channel. The moving averages indicate an upward trend. 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 in the near future. At the moment, we should expect an attempt to develop a bearish correction and test the support level near the 1.4272 area. Then, an upward rebound and continued growth of quotes with a target above the 1.4775 level. USD/CAD Weekly Forecast March 31 —…

Quotes of the currency pair Dollar/Yen USD/JPY are ending the trading week with a correction near the 150.80 area. The moving averages indicate a bullish 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 151.65 area. Then, a downward rebound and a continuation of the fall of the pair to the area below the…

GOLD ends the trading week with aggressive growth near the 3079 area. XAU/USD quotes continue to move within the rise 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 3025 area. Further, an upward price rebound and continued growth of XAUUSD in the current trading week with a potential target above the 3235…

Quotes of the currency pair New Zealand Dollar against the US Dollar NZD/USD are ending the trading week with a correction near the 0.5714 level. Moving averages indicate a bearish trend for the pair. Prices are testing the area between the signal lines again, indicating pressure from sellers of the currency pair and a potential continuation of the fall 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 0.5785. Then, a rebound…