Author: forex24pro

The currency pair Pound/Dollar GBP/USD is finishing the trading week within the framework of the development of the fall and the bearish channel near the level of 1.2395. The moving averages indicate the presence of a bullish trend. Prices have broken through the area between the signal lines downwards, which indicates pressure from sellers and a potential continuation of the decline in the British Pound against the US Dollar from the current levels. At this point, we should expect an attempt to develop the fall and test the support area near the level of 1.2305. Next, an upward rebound and…

The currency pair Australian Dollar to US Dollar AUD/USD ends the trading week near the 0.6204 area. The pair continues to move within the development of a fall 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 fall 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 0.6095 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 1.4665 area. Then, a rebound downwards and a continuation of the fall in quotes with a target below the level of 1.4015. An additional signal in…

Quotes of the currency pair Dollar/Yen USD/JPY are ending the trading week near the 157.38 area. The moving averages indicate a bullish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from US dollar buyers and potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop price growth and test the resistance level near the 159.45 area. Then, a rebound downwards and a continuation of the fall of the pair to the area below the 147.75 level. USD/JPY Forecast January 6 — 10, 2025 An additional…

GOLD ends the trading week with growth near the 2645 area. XAU/USD quotes continue to move within the correction and the formation of the “Triangle” model. Moving averages indicate a bullish trend for Gold. Prices are again testing the area between the signal lines, which indicates pressure from buyers and a potential continuation of price growth. At the moment, we should expect an attempt to develop a decline in prices and a test of the support level near the 2625 area. Next, an upward rebound in prices and continued growth of XAUUSD with a potential target above the level of…

Quotes of the currency pair New Zealand Dollar are ending the trading week with a fall near the level of 0.5598 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 decline in the currency pair on Forex and a test of the support area near the level…

Currency pair Dollar Franc USD/CHF ends the trading week near the 0.9094 level. The pair continues to move within the framework of the growth development and the formation of the “Triangle” model. Moving averages indicate a downward trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of the American currency and potential continuation of the instrument’s growth from the current levels. At the moment, we should expect an attempt to develop price growth and test the resistance area near the level of 0.9125. Next, a rebound downwards and an attempt to continue…

Bitcoin BTC/USD ends the trading week at 97438 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 84305. From where we should again expect an upward rebound and continued growth of…

Ethereum ETH/USD ends the trading week at the level of 3544 and continues to move within the growth and bullish channel. Moving averages indicate the presence of a bullish trend for ETH/USD. Prices broke through the area between the signal lines upwards, which indicates pressure from cryptocurrency buyers and potential continuation of growth from the current levels. At the moment, we should expect an attempt to develop a price correction and test the support level near the 3065 area. From where we should again expect an upward rebound and continued growth of the rate and cost of Ethereum with a…

Quotes of Silver XAG/USD end the trading week near the 29.73 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 27.65 area. Further, the continuation of the growth of the price…