Author: forex24pro

The EUR/USD currency pair continues to move within the development of the correction and the bullish channel. The moving averages indicate the presence of a short-term upward 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 potential continuation of the growth of the currency pair quotes from the current levels. At the time of publication of the forecast, the Euro to Dollar exchange rate for today is 1.0843. As part of the Forex forecast for March 25, 2025, we should expect an attempt…

The GBP/USD currency pair continues to move within the framework of the correction development. bullish channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2953. Moving averages indicate the presence of a short-term bullish trend. Prices broke through the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continuation of the instrument’s growth. At the moment, we should expect an attempt to develop a fall in the British Pound against the US Dollar and a test of the support area near…

The AUD/USD currency pair continues to move within the fall and bullish channel. The moving averages indicate the presence of a short-term bullish 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 value of the instrument from the current levels. At the time of publication of the forecast, the Australian Dollar to the US Dollar exchange rate is 0.6334. At the moment, we should expect an attempt to develop an increase and test the resistance area near the level…

The USD/JPY currency pair continue to move within the framework of the correction development and the formation of the “Head and Shoulders” reversal pattern. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 149.62. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from US Dollar buyers and a potential continuation of price growth from the current levels. As part of the Japanese Yen exchange rate forecast for March 25, 2025, we should expect…

Brent crude oil quotes continue to move within the framework of the development of a bullish correction and the formation of the “Wedge” pattern. At the time of publication of the forecast, the price of Brent crude oil is 71.75 dollars per barrel. Moving averages indicate the presence of a short-term bearish trend for oil. Prices are testing the area between the signal lines, which indicates pressure from sellers of “Black Gold” and a potential continuation of the fall in the value of the asset from the current levels. At the moment, we should expect an attempt to develop a…

The USD/CAD currency pair continues to move within the framework of the development of the fall and the formation of the “Triangle” pattern. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.4330. 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…

XAU/USD quotes continue to move within the development of the correction and the descending channel. At the time of publication of the forecast, the price of Gold for today is 3022 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 asset buyers and potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop gold growth and a test of the resistance level near the 3025 area. From where we should expect a…

XAG/USD quotes continue to move within the framework of the development of the fall and the descending channel. At the time of publication of the forecast, the Silver price is 33.12. Moving averages indicate an upward trend. Prices are testing the area between the signal lines again, indicating pressure from buyers and potential continued growth from current levels. At the moment, we should expect an attempt to develop growth in the metal price and a test of the resistance level near the 33.35 area. From where we should expect a price rebound downwards and a continuation of the fall in…

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 upward trend for the pair. Prices are again testing the area between the signal lines, 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 US Dollar exchange rate is 0.5735. At the moment, we should expect an attempt to develop a bearish correction and a test of…

The USD/CHF currency pair continues to move within the development of a correction and a descending channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc exchange rate is 0.8821. 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 in the asset value from the current levels. At the moment, we should expect an attempt to develop growth in the US Dollar against the Swiss Franc and…