ETH/USD quotes are trading at 2022 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 Ether. Prices are again testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the fall in the asset’s value 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 2065 area. From where we should again expect a downward rebound in prices…
Author: forex24pro
The EUR/USD currency pair continues to move within the framework of the correction development and the formation of the “Wedge” reversal pattern. 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 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 1.0822. As part of the Forex forecast for March 27, 2025, we…
The GBP/USD currency pair continues to move within the framework of the development of a bearish correction and a bullish channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2894. 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 buyers of the currency pair and 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 exchange rate and…
The AUD/USD currency pair continues to move within the growth and formation of the “Wedge” reversal pattern. The moving averages indicate the presence of a short-term bearish trend. 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’s value from the current levels. At the time of publication of the forecast, the Australian Dollar to the US Dollar exchange rate is 0.6310. At the moment, we should expect an attempt to develop an increase and test the resistance area near…
The USD/JPY currency pair continue to move within the framework of the development of growth and a bullish channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 150.40. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices broke through the area between the signal lines upwards, which indicates pressure from sellers of the US Dollar and a potential continuation of the fall in prices from the current levels. As part of the forecast of the Japanese Yen exchange rate for March 27, 2025, we should expect…
Brent crude oil quotes continue to move within the framework of the growth and bullish channel development. At the time of the forecast publication, the price of Brent crude oil is $73.26 per barrel. Moving averages indicate the presence of a short-term bullish trend for oil. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of “Black Gold” and potential continuation of the asset’s value growth from the current levels. At the moment, we should expect an attempt to develop a bearish correction and test the support level near the area of $72.35…
The USD/CAD currency pair continues to move within the framework of the development of the fall and the formation of the bullish “Wolf Wave” model. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.4254. Moving averages indicate 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 pair’s decline in the near future. At the moment, it is worth considering an attempt to develop the Canadian Dollar price decline and test the…
XAU/USD quotes continue to move within the development of a fall and a descending channel. At the time of publication of the forecast, the price of Gold for today is 3017 Dollars per Troy Ounce. Moving averages indicate the presence of a short-term bearish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the asset and a potential continuation of the fall 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…
XAG/USD quotes continue to move within the framework of the growth and bullish channel development. At the time of the forecast publication, the Silver price is 33.64. Moving averages indicate an upward 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 fall in the metal price and a test of the support level near the 33.35 area. From where we should expect an upward price rebound and continued growth in the price…
The NZD/USD currency pair continue to move within the development of a slight rise and the formation of a reversal model “Head and Shoulders”. Moving averages indicate the presence of a short-term bullish trend for the pair. 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 growth in the value 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 0.5744. At the moment, an attempt to…