Author: forex24pro

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…

BTC/USD quotes are trading at 85396 and continue to move within the development of a bullish correction and a descending channel. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices are again testing the area with signal lines, which indicates pressure from sellers of “Digital Gold” and a potential continuation of the development of a bearish impulse in the asset value from current levels. As part of the cryptocurrency rate forecast for tomorrow, March 25, 2025, we should expect an attempt to develop growth in the value of the digital asset and a test of the…

ETH/USD quotes are trading at 2070 and continue to move within the framework of the development of the correction and the descending channel. Moving averages indicate a short-term bearish trend for Ethereum. Prices are testing the area between the signal lines again, indicating pressure from sellers and a potential continuation of the asset’s fall 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 2165 area. From where we should again expect a downward price rebound and a continuation of the fall…

The Euro Dollar EUR/USD currency pair ends the trading week with growth near the level of 1.0836. 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 growth in the EUR/USD quotes and a test of the resistance area near the level of 1.0905. From where a downward…

BRENT oil quotes are ending the trading week near the area of ​​71.25 dollars per barrel. Moving averages indicate 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 66.65. Then, we should consider an upward rebound and continued growth of oil to the area above the level of 75.65 dollars per barrel. Brent Weekly Forecast…

The currency pair Pound/Dollar GBP/USD ends the trading week within the development of growth and a bullish channel near 1.2940. The moving averages indicate 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 current levels. At this point, we should expect an attempt to develop growth and test the resistance area near 1.2995. Next, a rebound downwards and a continuation of the fall in Pound Dollar quotes to the area below 1.2515. GBP/USD Weekly…