Author: forex24pro

The USD/CAD currency pair continues to move within the framework of the development of the fall and the descending channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3803. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers and a potential continuation of the fall of the price pair in the near future. At the moment, it is worth considering an attempt to develop a bullish correction in the Canadian Dollar…

XAU/USD quotes continue to move within the development of growth and a bullish channel. At the time of publication of the forecast, the price of Gold for today is 3405 Dollars per Troy Ounce. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from sellers of the asset and potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a fall in gold and a test of the support level near the 3335 area. From where we…

XAG/USD quotes continue to move within the framework of the development of growth and a bullish channel. At the time of publication of the forecast, the price of Silver is 32.99. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continued growth in price from current levels. At the moment, we should expect an attempt to develop a decline in the metal price and a test of the support level near the 32.65 area. From where we should expect an upward price rebound and continued…

The NZD/USD currency pair continue to move within the development of growth and a bullish channel. The moving averages indicate the presence of a short-term bullish 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 a potential continuation of the growth of the instrument from the current levels. At the time of publication of the Forex forecast, the New Zealand Dollar to the US Dollar exchange rate is 0.6011. At the moment, we should expect an attempt to develop a fall and a test…

The USD/CHF currency pair continues to move within the framework of the decline development and the beginning of the implementation of the “Triangle” pattern. At the time of the publication of the Forex forecast, the US Dollar to Swiss Franc exchange rate is 0.8049. The moving averages indicate the presence of a short-term bearish trend for the pair. 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 the current levels. At the moment, we should expect an attempt to develop the growth of…

BTC/USD quotes are trading at 87182 and continue to move within the development of growth and a descending channel. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of “Digital Gold” and a potential continuation of the development of the bullish impulse of the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, April 22, 2025, we should expect an attempt to develop a fall in the value of the digital asset and a test…

ETH/USD quotes are trading at 1626 and continue to move within the framework of the development of a bullish correction and a descending channel. Moving averages indicate the presence of a short-term bearish trend for Ether. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the asset’s fall from the 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 1665 area. From where we should again expect a downward rebound in…

The Euro Dollar EUR/USD currency pair ends the trading week with a strong growth near the level of 1.1374. The moving averages indicate the presence of 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 a bearish correction in the EUR/USD quotes and a test of the support area near the level of 1.1185.…

BRENT oil quotes are ending the trading week near the area of ​​67.79 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 sellers of raw materials 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 59.15. Then, it is worth considering an upward rebound and continued growth of oil to the area above the level of 79.95 dollars per…

The currency pair Pound/Dollar GBP/USD ends the trading week within the framework of the development of growth and a bullish channel near the level of 1.3273. The moving averages indicate the presence of 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 a correction and test the support area near the level of 1.3005. Next, an upward rebound and continued growth…