Author: forex24pro

The currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the 0.6185 area. The pair continues to move within the development of a decline and a descending channel. The moving averages indicate a bearish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from asset sellers and a potential continuation of the decline in the value of the currency pair. At the moment, we should expect an attempt to develop a decline and test the support area near the 0.6045 level. Then, an upward rebound and continued growth of AUD/USD…

The currency pair Canadian Dollar to US Dollar USD/CAD ends the trading week with growth within the bullish channel. The moving averages indicate an upward 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 growth in the near future. At the moment, we should expect an attempt to develop an increase and test the resistance level near the 1.4525 area. Then, a rebound downwards and a continuation of the fall in quotes with a target below the level of 1.3935. USD/CAD Forecast January 13…

Quotes of the currency pair Dollar/Yen USD/JPY are ending the trading week near the 157.97 area. Moving averages indicate a bullish trend. Prices have broken through the area between the signal lines upwards, indicating pressure from US dollar buyers and potential continuation of growth from current levels. At the moment, we should expect an attempt to develop price growth and test the resistance level near the 160.35 area. Then, a rebound downwards and continuation of the pair’s fall to the area below the 151.05 level. USD/JPY Forecast January 13 — 17, 2025 An additional signal in favor of the fall…

GOLD ends the trading week with growth near the 2677 area. XAU/USD quotes continue to move within the growth and the formation of the “Triangle” pattern. Moving averages indicate a bullish trend for Gold. Prices are again testing the area between the signal lines, which indicates pressure from buyers and potential continuation of price growth. At the moment, we should expect an attempt to develop a price decline and a test of the support level near the 2645 area. Next, a price rebound upward and continuation of XAUUSD growth with a potential target above the 3025 level. GOLD Forecast January…

Quotes of the currency pair New Zealand Dollar are ending the trading week with a decline near the 0.5580 level and are moving within the descending channel. The moving averages indicate a bearish trend for the pair. 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 from the current levels on the market. At the moment, we should expect an attempt to develop a fall in the currency pair on Forex and a test of the support area near the 0.5475 level.…

Currency pair Dollar Franc USD/CHF ends the trading week near the level of 0.9136. The pair continues to move within the framework of growth development and the formation of the “Triangle” model. The moving averages indicate the presence of a bullish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the American currency and a potential continuation of the growth of the instrument from the current levels. At the moment, we should expect an attempt to develop price growth and a test of the resistance area near the level of 0.9205.…

Bitcoin BTC/USD ends the trading week at the level of 94812 and continues to move within the development of the correction 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 85205. From where we should again expect an upward rebound and…

Ethereum ETH/USD ends the trading week at 3298 and continues to move within the correction 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 3175 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 end the trading week near the 30.29 area. Quotes continue to move within the development of the correction and the bullish channel. Moving averages indicate the presence of an upward trend for the asset. Prices are testing the area between the signal lines, 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 value of the asset and a test of the support level near the 28.45 area. Next, the continuation of the growth of the price…

The Euro/Dollar currency pair EUR/USD continues to move within the framework of the correction development and the formation of the “Triangle” model. The moving averages indicate the presence of a short-term bearish 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 1.0299. Within the framework of the Forex forecast for January 10,…