Author: forex24pro

The quotes of the USD/JPY currency pair continue to move within the development of a fall and a descending channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 153.36. 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 for the Japanese Yen exchange rate for February 14, 2025, we…

Brent oil quotes continue to move as part of the development of correction and formation of the double bottom of the “Double bottom”. At the time of the publication of the forecast, the price of Brent oil oil is $ 74.52 per barrel. Prices broke through the area between signal lines Downs, indicates the pressure from the Black Gold sellers and the potential continuation of the cost of the asset from the current levels is at the moment to expect an attempt to develop a decrease and a support level of support near the area of ​​73.75 dollars per barrel.…

Currency pair US Dollar Canadian Dollar USD/CAD continues to move in the framework of the development of a fall and a descending channel. At the time of publication of the forecast, the US dollar to the Canadian dollar is 1.4267. Sliding average indicate the presence of a short -term bull tendency in pairs. Prices test the area between signal lines, which indicates pressure from buyers and a potential continuation of the growth of a pair of prices in the near future. At the moment, it is worth considering an attempt to develop the price of the Canadian dollar price and…

XAU/USD quotes continue to move within the framework of the growth development and the ascending channel. At the time of the forecast publication, the price of Gold for today is 2916 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 the current levels. At the moment, we should expect an attempt to develop a decline and a test of the support level near the 2870 area. From where we should expect an…

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 32.08. 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 bearish correction in the cost of metal and a test of the support level near the 31.25 area. Where should we expect a price rebound upwards…

The quotes of the currency pair NZD/USD continue to move within the development of the correction and the formation of the reversal model “Head and Shoulders”. The moving averages indicate the presence of a short-term downward 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 0.5634. At the moment,…

The USD/CHF currency pair continues to move within the framework of the development of growth and the formation of the “Triangle” model. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc exchange rate is 0.9075. Moving averages indicate the presence of a short-term bullish trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from buyers and potential continuation of the growth of the asset value from the current levels. At the moment, we should expect an attempt to develop a fall in the US Dollar against…

BTC/USD quotes are trading at 95825 and continue to move within the framework of the correction development and the formation 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 fall in the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, February 14, 2025, we should expect an attempt to develop a correction in the value of the digital asset and a test…

ETH/USD are trading at 2633 and continue to move within the development of a sideways correction and a 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 fall in the value of the asset 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 2775 area. From where we should again expect a downward…

The Euro/Dollar currency pair EUR/USD continues to move within the development of a bullish correction and a bearish channel. The moving averages indicate the presence of a short-term downward trend for the pair. Prices are again testing the area between the signal lines, which indicates pressure from sellers of the European currency and a potential continuation of the fall in the asset pair quotes from the current levels. At the time of publication of the forecast, the Euro to Dollar exchange rate for today is 1.0366. Within the framework of the Forex forecast for February 13, 2025, we should expect…