Author: forex24pro

Silver XAG/USD quotes end the trading week near the 33.86 area. Quotes continue to move within the framework of the development of growth and a bullish channel. Moving averages indicate the presence of an upward trend for the asset. Prices broke through the area between the signal lines upwards, which indicates pressure from metal buyers and potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a correction in the value of the asset and a test of the support level near the 31.15 area. Next, the continuation of the growth of…

The EUR/USD currency pair continues to move within the development of a fall 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 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 1.0859. As part of the Forex forecast for March 14, 2025, we should expect an attempt…

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 1.2948. The 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 bearish correction of the British Pound against the US Dollar and…

The AUD/USD currency pair continues to move within the correction and the descending channel. The 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 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 0.6287. At the moment, we should expect an attempt to develop an increase and test the resistance area near the…

The USD/JPY currency pair continue to move within the development of the correction and the descending channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 148.08. 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 14, 2025, we should expect an attempt…

Brent crude oil 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 Brent crude oil is 70.44 dollars 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 test of…

The USD/CAD currency pair continues to move within the framework of the development of a sideways correction and the formation of the “Triangle” model. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.4396. Moving averages indicate a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upwards, 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 and…

XAU/USD quotes continue to move within the framework of the growth and bullish channel development. At the time of the forecast publication, the price of Gold for today is 2952 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 a fall and a test of the support level near the 2925 area. From where we should expect an upward…

XAG/USD quotes continue to move within the framework of the growth and bullish channel development. At the time of publication of the forecast, the Silver price is 33.24. 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 32.45 area. From where we should expect an upward price rebound and continued growth in the price of Silver…

The NZD/USD currency pair continue to move within the development of the correction and the descending channel. The moving averages indicate the presence of a short-term bullish trend for the pair. Prices have broken through and are testing the area between the signal lines again, which indicates pressure from buyers of the currency pair and 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 0.5695. At the moment, we should expect an attempt to develop growth and…