Author: forex24pro

The USD/CAD 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 US Dollar to Canadian Dollar exchange rate is 1.4406. Moving averages indicate a short-term bearish 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 a test of…

XAU/USD quotes continue to move within the development of growth and a descending channel. At the time of publication of the forecast, the price of Gold for today is 2911 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 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 2895 area. From where we should expect an upward…

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 Silver price is 32.49. 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 price growth 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 32.05 area. Where should we expect a…

The NZD/USD currency pair continue to move within the development of a fall and a descending channel. The 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 0.5699. At the moment, we should expect an attempt to develop a bullish…

The USD/CHF currency pair continues to move within the framework of the correction and descending channel development. At the time of the Forex forecast publication, 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 are again testing the area between the signal lines, 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 US Dollar against the Swiss Franc and a test of the resistance area near…

BTC/USD quotes are trading at 81627 and continue to move within the framework of the decline development and the implementation of the “Triangle” model. 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 12, 2025, we should expect an attempt to develop growth in the value of the digital asset…

ETH/USD quotes are trading at 1911 and continue to move within the framework of the development of a bullish correction and a 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 1975 area. From where we should again expect a downward price rebound 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 1.0862. As part of the Forex forecast for March 11, 2025, we should expect an attempt to…

The GBP/USD currency pair continues to move within the framework of the development of an aggressive minor correction and a bullish channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2926. 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 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 bullish correction and 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 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 0.6323. At the moment, we should expect an attempt to develop an increase and test the resistance area near the level of…