Author: forex24pro

Solana is trading at 139.64 at the time of this forecast, continuing its movement within a bearish channel and developing a downward trend. Moving averages indicate a short-term bearish trend for the coin. Prices have broken below the area between the signal lines, suggesting seller pressure and the potential for further decline from current levels. The Solana forecast for today, February 28, 2025, suggests an attempt to develop a bullish correction for the digital asset and test the resistance area near the 155.05 level. From there, a bounce down and a continuation of Solana’s decline to a potential target below…

XRP/USD is trading at 2.2272, continuing its movement within a correction and bearish channel. Moving averages indicate a short-term bearish trend for XRP. Prices have broken below the area between the signal lines, suggesting seller pressure and the potential for further decline from current levels. Currently, a growth attempt and a test of the resistance level near the 2.4000 area are expected. Then, a bounce down and a continuation of the cryptocurrency’s decline to an area below 1.9500. XRP Forecast for February 28, 2025 A test of the resistance line on the Relative Strength Index will support the decline in…

TRUMP/USD is trading at 13.06, continuing its movement within a bearish channel and a downward trend. Moving averages indicate a short-term bearish trend for TRUMP. Prices are testing the area between the signal lines, suggesting seller pressure and the potential for further decline from current levels. According to today’s TRUMP forecast, an increase and a test of the resistance level near the 14.05 area are expected. Then, a bounce down and a continuation of the cryptocurrency’s decline to an area below 11.05. TRUMP Forecast for February 28, 2025 A test of the descending trend line on the RSI indicator will…

Toncoin is trading at 3.49, continuing its movement within a bearish channel and a downward trend. Moving averages indicate a short-term bearish trend for Toncoin. Prices have broken below the signal lines, suggesting seller pressure and the potential for further decline from current levels. The Toncoin forecast for today suggests an attempt to develop a bullish correction for the digital asset and test the resistance area near the 3.85 mark. From there, a bounce down and a continuation of Toncoin’s decline to a potential target below 2.75 is expected. Toncoin Forecast for February 28, 2025 An additional signal in favor…

The EUR/USD currency pair continues to move within the development of the correction and the bullish channel. 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. Within the framework of the Forex forecast for February 27, 2025, we should expect an…

The GBP/USD currency pair continues to move within the framework of 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 1.2660. 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 and a…

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…