Author: forex24pro

The quotes of XAG/USD continue to move within the framework of the correction and bullish channel development. At the time of the forecast publication, the Silver price is 30.25. The moving averages indicate an upward trend. Prices have broken through the area between the signal lines downwards, indicating pressure from sellers and a potential continuation of the price decline from the current levels. At the moment, we should expect an attempt to develop a decline in the metal price and a test of the support level near the 29.80 area. From where we should expect an upward price rebound and…

The quotes of the currency pair NZD/USD continue to move within the growth development and have left the descending channel. 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 of the currency pair and 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 0.5664. At the moment, we should expect an attempt to continue the decline…

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 0.9089. The moving averages indicate the presence of a short-term bearish trend for the pair. Prices are again testing the area between the signal lines, 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 an increase in the US Dollar against the…

BTC/USD quotes are trading at 104685 and continue to move within the ascending channel. Moving averages indicate a short-term bullish 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 24, 2025, we should expect an attempt to develop a decrease in the value of the digital asset and a test of the support level near the 97205 area. From where we should again expect an upward…

ETH/USD are trading at 3247 and continue to move within the framework of the development of the correction and the bearish channel. Moving averages indicate a short-term downward trend in Ethereum. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers and a potential continuation of the asset’s value decline from 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 3345 area. From where we should again expect a downward price rebound and a continuation of the Ethereum rate…

The Euro/Dollar currency pair EUR/USD continues to move within the development of growth and an ascending channel. 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 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 1.0442. Within the framework of the Forex forecast for January 23, 2025, we should expect an…

The Pound/Dollar GBP/USD currency pair continues to move within the framework of the development of growth and the formation of the “Wedge” reversal pattern. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2357. Moving averages indicate the presence of a short-term bearish trend. Prices broke through the area between the signal lines upwards, which indicates pressure from buyers of the currency pair and a potential continuation of the instrument’s growth. At the moment, we should expect an attempt to develop the growth of the British Pound against the US Dollar…

The currency pair Australian Dollar to US Dollar (AUDUSD) continues to move within the growth. The moving averages indicate the presence of a short-term bearish trend. Prices are again 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 US Dollar exchange rate is 0.6284. At the moment, we should expect an attempt to develop a decline and a test of the support area near…

The quotes of the USD/JPY currency pair continue to move within the framework of the development of the correction and the formation of the “Triangle” model. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 155.83. 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 price fall from the current levels. As part of the forecast of the Japanese Yen exchange rate…

Brent oil quotes Brent crude oil quotes continue to move within the development of a bearish correction and a bullish channel. At the time of publication of the forecast, the price of Brent crude oil is $78.70 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 upwards, which indicates pressure from buyers of “Black Gold” and potential continued growth 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…