Author: forex24pro

The Pound/Dollar GBP/USD currency pair continues to move within the framework of the development of growth and a descending channel. At the time of publication of the forecast, the Pound to US Dollar exchange rate on Forex is 1.2307. 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 fall of the British Pound against the US Dollar and a test of…

The currency pair Australian Dollar to US Dollar (AUDUSD) continues to move within the growth and formation of the reversal pattern “Head and Shoulders”. 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 the US Dollar rate is 0.6276. At the moment, we should expect an attempt to develop a…

The quotes of the USD/JPY currency pair continue to move within the development of a fall and a descending channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 155.50. 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 sellers of the US Dollar and a potential continuation of the fall in prices from the current levels. As part of the forecast for the Japanese Yen exchange rate for January 21, 2025, we should expect…

Brent oil quotes Brent crude oil quotes continue to move within the development of the correction and bullish channel. At the time of publication of the forecast, the price of Brent crude oil is $78.99 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 continuation of the growth of the asset value from the current levels. At the moment, we should expect an attempt to develop a decline and test the support level near…

Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the fall and left the limits of the bullish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.4287. Moving averages indicate a short-term bullish 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…

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 2710 dollars per troy ounce. 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 asset buyers and potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a bearish correction and a test of the support level near the 2695 area. From where we should expect a…

The quotes of XAG/USD continue to move within the framework of the development of growth and a bullish channel. At the time of publication of the forecast, the Silver price is 30.47. Moving averages indicate the presence of an upward trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from sellers and a potential continuation of the fall in price from the current levels. At the moment, we should expect an attempt to develop a decline in the cost of metal and a test of the support level near the 30.15 area. Where should…

The quotes of the currency pair NZD/USD continue to move within the development of growth and a descending channel. 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 sellers of the currency pair and a potential continuation of the decline in the value 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 0.5672. At the moment, we should expect an attempt to continue…

The USD/CHF currency pair continues to move within the framework of the development of the fall and the bullish channel. At the time of the publication of the Forex forecast, the US Dollar to Swiss Franc exchange rate is 0.9074. 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 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 Swiss…

BTC/USD quotes are trading at 107733 and continue to move within the development of growth and a bullish channel. Moving averages indicate the presence of 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 a potential continuation of the asset’s value growth from current levels. As part of the cryptocurrency rate forecast for tomorrow, January 21, 2025, we should expect an attempt to develop a correction in the value of the digital asset and a test of the support level near the 104505…