Author: forex24pro

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 0.9119. 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 and potential continuation of the asset’s value growth from the current levels. At the moment, we should expect an attempt to develop a fall in the US Dollar against the Swiss…

BTC/USD quotes are trading at 97057 and continue to move within the development of the correction and the formation of the “Triangle” model. 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 fall in the value of the asset from the current levels. As part of the cryptocurrency rate forecast for tomorrow, February 12, 2025, we should expect an attempt to develop growth in the value of the digital asset and a test of…

ETH/USD are trading at 2696 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 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 2865 area. From where we should again expect a downward rebound…

The Euro/Dollar currency pair EUR/USD continues to move within the development of a fall and a bearish channel. The moving averages indicate the presence of a short-term downward trend for the pair. Prices have broken through the area between the signal lines downwards, 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 1.0322. Within the framework of the Forex forecast for February 11, 2025, we should expect…

The Pound/Dollar GBP/USD currency pair continues to move within the framework of the development of the fall and the bullish channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2388. 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 currency pair and a potential continuation of the instrument’s fall. At the moment, we should expect an attempt to develop a bullish correction of the British Pound against the US Dollar and…

The currency pair Australian Dollar to US Dollar (AUDUSD) continues to move within the decline and the formation of the Head and Shoulders reversal pattern. The moving averages indicate the presence of a short-term bearish trend. Prices are testing the area between the signal lines, 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 forecast, the Australian Dollar to the US Dollar exchange rate is 0.6281. At the moment, we should expect an attempt to develop…

The quotes of the USD/JPY currency pair continue to move within the framework of the decline development and the formation of the “Triangle” model. At the time of the forecast publication, the US Dollar to Japanese Yen exchange rate is 151.82. 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 downwards, which indicates pressure from US Dollar sellers and a potential continuation of the price decline from the current levels. As part of the Japanese Yen exchange rate forecast for February 11, 2025, we should…

Brent oil quotes continue to move within the framework of the growth and bullish channel development. At the time of the forecast publication, the price of Brent crude oil is $75.29 per barrel. Moving averages indicate the presence of a short-term bullish trend for oil. Prices have broken through the area between the signal lines downwards, 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 decline and test the support level near the…

Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the framework of the development of the correction and the bullish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.4333. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines, 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 fall in the Canadian Dollar price and test the support level…

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 2897 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 2875 area. From where we should expect an…