Quotes of the currency pair Dollar/Yen USD/JPY are ending the trading week with a decline near the 147.55 area. The moving averages indicate a bullish trend. 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 from the current levels. At the moment, we should expect an attempt to develop a bullish price correction and a test of the resistance level near the 150.75 area. Then, a rebound downwards and a continuation of the fall of the pair to the area below the…
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forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
GOLD ends the trading week with a correction near the 2913 area. XAU/USD quotes continue to move within the bullish channel. Moving averages indicate an upward trend for Gold. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continued price growth. At the moment, we should expect an attempt to develop a bearish price correction and a test of the support level near the 2865 area. Further, a rebound in prices upwards and continued growth of XAUUSD in the current trading week with a potential target above the 3085 level. GOLD…
Quotes of the currency pair New Zealand Dollar are ending the trading week with growth near the 0.5720 level. Moving averages indicate a bearish trend for the pair. Prices have broken through the area between the signal lines, which indicates pressure from sellers of the currency pair and a potential continuation of the fall from the current levels on the market. At the moment, we should expect an attempt to develop a bullish correction of the currency pair on Forex and a test of the resistance area near the level of 0.5775. Then, a rebound downwards and a continuation of…
Currency pair Dollar Franc USD/CHF ends the trading week near the level of 0.8806. The pair continues to move within the framework of the development of the decline and the formation of the “Triangle” model. The moving averages indicate the presence of a bullish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers of the American currency and a potential continuation of the instrument’s fall from the current levels. At the moment, we should expect an attempt to develop a bullish price correction and a test of the resistance area near the…
Bitcoin BTC/USD ends the trading week at 88497 and continues to move within the development of the fall and the bullish channel. The moving averages indicate the presence of an upward trend. Prices are again testing the area between the signal lines, which indicates pressure from asset sellers and a potential continuation of the fall in BTCUSD quotes. At the moment, we should expect an attempt to develop a bearish correction in the coin price and a test of the support area near the level of 86505. From where we should again expect an upward rebound and continued growth of…
Ethereum ETH/USD ends the trading week with a fall at 2187 and continues to move within the fall. Moving averages indicate a downward trend for ETH/USD. Prices have broken through the area between the signal lines downwards, which indicates pressure from cryptocurrency sellers and a potential continuation of the fall from the current levels. At the moment, we should expect an attempt to develop a bullish price correction and a test of the resistance level near the 2535 area. From where we should again expect a rebound downwards and a continuation of the fall in the rate and value of…
Quotes of Silver XAG/USD end the trading week near the 32.59 area. Quotes continue to move within the framework of growth development and formation of the “Triangle” model. Moving averages indicate the presence of an upward trend for the asset. Prices have broken 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 asset value and a test of the support level near the 30.65 area. Further, the continuation of the growth of…
The EUR/USD currency pair continues to move within the framework of strong growth 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 1.0820. Within the framework of the Forex forecast for March 7, 2025, we should expect an…
The GBP/USD currency pair continues to move within the framework of the development of aggressive aggressive growth and a bullish channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2888. 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 in the British Pound against the US Dollar exchange rate…
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 0.6333. At the moment, we should expect an attempt to develop an increase and test the resistance area near the level of…