Author: forex24pro

Bitcoin BTC/USD ends the trading week at the level of 102181 and continues to move within the development of the rise and the bullish channel. The moving averages indicate the presence of an upward trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from asset buyers and a potential continuation of the growth of asset quotes. At the moment, we should expect an attempt to develop a fall in the coin price and a test of the support area near the level of 94505. From where we should again expect an upward rebound and…

Ethereum ETH/USD ends the trading week at 3418 and continues to move within the growth and bullish channel. Moving averages indicate a bullish trend for ETH/USD. Prices have broken through the area between the signal lines upwards, which indicates pressure from cryptocurrency buyers and potential continued growth from current levels. At the moment, we should expect an attempt to develop a price correction and a test of the support level near the 3235 area. From where we should again expect an upward rebound and continued growth of the rate and cost of Ethereum with a potential target above the level…

Quotes of Silver XAG/USD are ending the trading week near the 30.58 area. Quotes continue to move within the framework of the correction and bullish channel development. Moving averages indicate the presence of an upward trend for the asset. Prices have broken through the area between the signal lines upwards, which indicates pressure from metal buyers and potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a fall in the asset value and a test of the support level near the 27.65 area. Further, the continuation of the growth of the…

The Euro/Dollar currency pair EUR/USD continues to move within the development of the correction and 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 downwards, which indicates pressure from sellers of the European currency and a potential continuation of the fall in 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 1.0290. Within the framework of the Forex forecast for January 17, 2025, we should expect…

The Pound/Dollar GBP/USD currency pair continues to move within the framework of the decline and descending channel development. At the time of the forecast publication, the Pound to US Dollar exchange rate on Forex is 1.2210. 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 instrument’s fall. 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 resistance…

The currency pair Australian Dollar to US Dollar (AUDUSD) continues to move within the fall and descending 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 0.6211. At the moment, we should expect an attempt to develop a bullish correction and a test of…

The quotes of the USD/JPY currency pair continue to move within the development of the correction and the bullish channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 155.81. 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 US Dollar buyers and a potential continuation of price growth from the current levels. As part of the forecast of the Japanese Yen exchange rate for January 17, 2025, we should expect an attempt to develop…

Brent oil quotes Brent crude oil quotes continue to move within the development of the correction and the bullish channel. At the time of publication of the forecast, the price of Brent crude oil is 81.06 dollars 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…

Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the correction and the bullish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.4375. 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 continuation of the price pair growth in the near future. At the moment, it is worth considering an attempt to develop the fall in the Canadian Dollar price and test the support level near…

XAU/USD quotes continue to move within the framework of growth development and the formation of the “Triangle” model. At the time of publication of the forecast, the price of Gold for today is 2707 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 bullish correction and a test of the resistance level near the 2715 area. From where…