Author: forex24pro

XAG/USD quotes continue to move within the development of growth and a bullish channel. At the time of publication of the forecast, the Silver price is 33.04. Moving averages indicate the presence of an upward trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers and potential continuation of the growth in price from the current levels. At the moment, we should expect an attempt to develop a bearish correction in the cost of the metal and a test of the support level near the 32.55 area. Where should we expect a price rebound…

The NZD/USD currency pair continue to move within the framework of the development of the correction and the formation of the reversal model “Head and Shoulders”. 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 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 0.5699. At the moment, we should expect an…

The USD/CHF currency pair continues to move within the development of a bullish correction and a descending channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc exchange rate is 0.8824. 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 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 growth in the US Dollar against the Swiss…

BTC/USD quotes are trading at 82918 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 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 13, 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 1912 and continue to move within the development of the correction and the descending channel. Moving averages indicate the presence of a short-term bearish trend for Ether. 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 a bullish correction of the coin and a test of the resistance level near the 1980 area. From where we should again expect a downward rebound in prices and a…

The EUR/USD currency pair continues to move within the development of growth and an ascending 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 1.0880. Within the framework of the Forex forecast for March 12, 2025, we should expect an attempt…

The GBP/USD currency pair continues to move within the development of a minor correction and a bullish channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2924. 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 growth of the instrument. At the moment, we should expect an attempt to develop a bearish correction of the British Pound against the US Dollar and a test…

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 0.6323. 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 the publication of the forecast, the US Dollar to Japanese Yen exchange rate is 147.49. 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 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 12, 2025, we should expect…

Brent crude oil quotes continue to move within the development of a bullish correction and a descending channel. At the time of publication of the forecast, the price of Brent crude oil is $70.39 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…