Author: forex24pro

The AUD/USD currency pair continues to move within the growth and formation of the reversal model “Head and Shoulders”. The moving averages indicate the presence of a short-term upward trend. Prices are again testing the area between the signal lines, which indicates pressure from buyers 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 rate is 0.6312. At the moment, we should expect an attempt to develop an increase and a test of…

The USD/JPY currency pair quotes continue to move within the development of a minor correction and a descending channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 149.34. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices are 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 February 27, 2025, we should expect an…

Brent crude oil 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 Brent crude oil is $ 72.43 per barrel. Moving averages indicate the presence of a short-term bearish trend for oil. Prices bounced off 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…

The USD/CAD currency pair continues to move within the framework of the development of a bullish correction and a descending channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.4344. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from sellers and a potential continuation of the fall of the price pair in the near future. At the moment, it is worth considering an attempt to develop a bullish correction in the Canadian…

XAU/USD quotes continue to move within the framework of the development of the fall and the beginning of the implementation of the “Wedge” pattern. At the time of publication of the forecast, the price of Gold for today is 2912 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 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 a bullish correction and a test…

XAG/USD quotes continue to move within the framework of the development of the fall and the descending channel. At the time of publication of the forecast, the Silver price is 31.77. Moving averages indicate an upward trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continuation of price growth from current levels. At the moment, we should expect an attempt to develop a bullish correction in the metal price and a test of the resistance level near the 32.35 area. From where we should expect a price rebound downwards and…

The NZD/USD currency pair continue to move within the development of the fall and the beginning of the implementation of the “Wedge” pattern. The moving averages indicate the presence of a short-term upward trend for the pair. Prices broke 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 Forex forecast, the New Zealand Dollar to the US Dollar exchange rate is 0.5731. At the moment, we should expect…

The USD/CHF currency pair continues to move within the framework of the development of the fall and the formation of the “Wedge” reversal pattern of the “Wolf Wave” model. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc exchange rate is 0.8966. 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 a…

The BTC/USD quotes are trading at 87765 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 broke through the area with signal lines downwards, which indicates pressure from sellers of “Digital Gold” and a potential continuation of the development of a bearish impulse in the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, February 27, 2025, we should expect an attempt to develop a bullish correction in the value of the digital asset and a…

The ETH/USD quotes are trading at 2431 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 fall 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 2585 area. From where we should again expect a downward rebound in prices and a…