Author: forex24pro

The USD/JPY currency pair continue to move within the development of the correction and the descending channel. At the time of the publication of the forecast, the US Dollar to Japanese Yen exchange rate is 148.45. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, 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 18, 2025, we should expect an…

Brent crude oil quotes continue to move within the framework of the correction development and the formation of the “Wedge” model. At the time of the forecast publication, the price of Brent crude oil is $71.49 per barrel. Moving averages indicate the presence of a short-term bearish trend for oil. Prices are again 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 bullish correction and 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 1.4353. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers and potential continued growth of the price pair in the near future. At the moment, it is worth considering an attempt to develop a bearish correction in the Canadian Dollar price…

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 2997 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 current levels. At the moment, we should expect an attempt to develop a fall and a test of the support level near the 2965 area. From where we should expect an upward rebound…

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 33.75. 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 a bearish correction 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…

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 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 0.5786. At the moment, we should expect an attempt to develop growth and a test of…

The USD/CHF currency pair continues to move within the development of a fall and a descending channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc exchange rate is 0.8823. 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 fall from the current levels. At the moment, we should expect an attempt to develop the growth of the US Dollar against the Swiss Franc and a test…

BTC/USD quotes are trading at 83522 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, March 18, 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 1908 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 1995 area. From where we should again expect a downward price rebound and a continuation…

The Euro Dollar EUR/USD currency pair ends the trading week with a strong growth near the level of 1.0387. 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 1.0995. From where a downward rebound…