Author: forex24pro

The BTC/USD quotes are trading at 90,261 and continue to move within the development of a decline and descending channel. Moving averages indicate a short-term bearish trend for Bitcoin. Prices have broken through the area between the signal lines downward, signaling pressure from sellers of “Digital Gold” and the potential continuation of the bearish momentum for the asset at current levels. In the forecast for the cryptocurrency’s price tomorrow, February 26, 2025, an attempt to develop a bullish correction of the digital asset’s value is expected, with a test of the resistance level near the 91,685 area. From there, a…

The ETH/USD quotes are trading at 2,428 and continue to move within the development of a decline and the beginning of the “Triangle” pattern formation. Moving averages indicate a short-term bearish trend for Ethereum. Prices have broken through the area between the signal lines downward, signaling pressure from sellers and the potential continuation of the asset’s decline from current levels. At present, an attempt to develop a bullish correction of the coin’s value and test the resistance level near the 2,655 area is expected. From there, a downward rebound is anticipated, followed by a continuation of Ethereum’s price decline with…

The Euro/Dollar currency pair EUR/USD continues to move within the framework of growth development and the formation of the “Triangle” model. 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 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 1.0492. As part of the Forex forecast for February 25, 2025, we…

The Pound/Dollar GBP/USD currency pair continues to move within the development of growth and a bullish channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2644. 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 of…

The currency pair Australian Dollar to US Dollar (AUDUSD) continues to move within the growth and formation of the “Wedge” reversal pattern. The moving averages indicate the presence of a short-term upward trend. 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 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 0.6368. At the moment, we should expect an attempt to develop an…

The quotes of the USD/JPY currency pair continue to move within the development of a minor bullish correction and a descending channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 149.44. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices broke 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 February 25, 2025,…

Brent 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 73.86 dollars per barrel. Moving averages indicate the presence of a short-term bearish trend for oil. Prices broke through the area between the signal lines upwards, which indicates pressure from buyers of “Black Gold” and a potential continuation of the growth 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…

Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the framework of the development of the fall and the descending channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.4193. 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 fall of the price pair in the near future. At the moment, it is worth considering an attempt to develop a bullish correction in…

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 2942 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 bearish correction and a test of the support level near the 2925 area. From where we should expect an upward…

The quotes of XAG/USD 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 32.60. Moving averages indicate an upward trend. Prices have broken through the area between the signal lines downwards, indicating pressure from sellers and a potential continuation of the price decline from the 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 32.35 area. From where we should expect an upward…