Author: forex24pro

The USD/CHF currency pair continues to move within the framework of the development of a bullish correction and a descending channel. At the time of the publication of the Forex forecast, the US Dollar to Swiss Franc exchange rate is 0.9075. 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 and potential continued growth in the asset value from the current levels. At the moment, we should expect an attempt to develop a bullish correction of the US Dollar…

BTC/USD quotes are trading at 101925 and continue to move within the growth and bullish channel. Moving averages indicate the presence of a short-term upward trend for Bitcoin. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of “Digital Gold” and potential continued growth in the asset’s value from current levels. As part of the cryptocurrency rate forecast for tomorrow, January 31, 2025, we should expect an attempt to develop a fall in the value of the digital asset and a test of the support level near the 103065 area. From where we…

ETH/USD are trading at 3099 and continue to move within the framework of the development of the correction and the formation of the “Wedge” reversal pattern. Moving averages indicate a short-term bearish trend for Ethereum. Prices are testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the asset’s fall from current levels. At the moment, we should expect an attempt to develop a decline in the coin and a test of the support level near the 3105 area. From where we should again expect an upward price rebound and continued growth of…

The Euro/Dollar currency pair EUR/USD continues to move within the development of the correction and the bullish channel. The moving averages indicate the presence of a short-term bullish trend for the pair. Prices are 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 1.0407. Within the framework of the Forex forecast for January 30, 2025, we should expect an attempt…

The Pound/Dollar GBP/USD currency pair continues to move within the framework of the correction development and the formation of the “Wedge” reversal pattern. At the time of the forecast publication, the Pound to US Dollar exchange rate on Forex is 1.2417. The 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 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 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 0.6243. At the moment, we should expect an attempt to develop a fall and a test of the…

The quotes of the USD/JPY currency pair continue to move within the development of the correction and the descending channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 155.18. 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 30, 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 76.21 dollars per barrel. Moving averages indicate the presence of a short-term bearish trend for oil. Prices are testing 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 resistance…

Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the correction and the formation of the “Diamond” model. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.4453. Moving averages indicate a short-term bullish trend for the pair. Prices have broken through the area between the signal lines upwards, 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 the rise in the Canadian Dollar price and test the resistance level near…

XAU/USD quotes continue to move within the development of growth and an ascending channel. At the time of publication of the forecast, the price of Gold for today is 2749 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 2790 area. From where we should expect a downward rebound and…