Author: forex24pro

ETH/USD are trading at 3099 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 Ether. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers and a potential continuation of the asset’s fall from the current levels. At the moment, we should expect an attempt to develop the coin’s growth and a test of the resistance level near the 3165 area. From where we should again expect a downward rebound in prices and a…

The Euro/Dollar currency pair EUR/USD continues to move within the development of the correction and the ascending channel. The 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 of the European currency and a potential continuation of the growth of 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 1.0429. Within the framework of the Forex forecast for January 29, 2025, we should expect an…

The Pound/Dollar GBP/USD currency pair 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 Pound to US Dollar exchange rate on Forex is 1.2430. Moving averages indicate the presence of a short-term bearish 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 fall in the British Pound against the US Dollar exchange rate and…

The currency pair Australian Dollar to US Dollar (AUDUSD) continues to move within the correction and bullish channel. The moving averages indicate the presence of a short-term upward 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 0.6243. At the moment, we should expect an attempt to develop a bearish correction and a test of…

The quotes of the USD/JPY currency pair continue to move within the development of the fall and the descending channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 155.17. 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 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 January 29, 2025, we…

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 76.46 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 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 bullish correction and a test of the…

Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the correction and the formation of the “Triangle” model. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.4381. Moving averages indicate 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 pair’s decline in the near future. At the moment, it is worth considering an attempt to develop a bullish correction in the Canadian Dollar price and a test of the…

XAU/USD quotes continue to move within the framework of growth development and an ascending channel. At the time of publication of the forecast, the price of Gold for today is 2757 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 growth and a test of the resistance level near the 2785 area. From where we should expect a downward rebound…

The quotes of XAG/USD continue to move within the framework of the development of the fall and the beginning of the implementation of the “Wedge” model. At the time of publication of the forecast, the Silver price is 30.14. Moving averages indicate the presence of an upward trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continuation of the price growth from the current levels. At the moment, we should expect an attempt to develop a bullish correction in the metal price and a test of the resistance level near…

The quotes of the currency pair NZD/USD continue 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 are testing the area between the signal lines, which indicates pressure from buyers of the currency pair and a potential continuation of the growth 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 0.5635. At the moment, we should expect an attempt to continue the decline and…