Author: forex24pro

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 value of the instrument from the current levels. At the time of publication of the forecast, the Australian Dollar to the US Dollar exchange rate is 0.6195. At the moment, we should expect an attempt to develop a bullish correction and a…

The quotes of the USD/JPY currency pair continue to move within the development of growth and a bullish channel. At the time of publication of the forecast, the US Dollar to Japanese Yen exchange rate is 157.58. 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 US Dollar buyers and potential continuation of price growth from current levels. As part of the forecast of the Japanese Yen exchange rate for January 3, 2025, we should expect an attempt to develop a…

Brent oil quotes Brent crude oil quotes continue to move within the framework of growth development and the beginning of the implementation of the “Triangle” model. At the time of publication of the forecast, the price of Brent oil is $ 75.89 per barrel. Moving averages indicate the presence of a short-term bearish trend for oil. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers of “Black Gold” and a potential continuation of the growth of the asset value from the current levels. At the moment, we should expect an attempt to develop…

Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the correction and bullish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.4405. 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 a decline in the Canadian Dollar price and a test of the support level…

XAU/USD quotes continue to move within the framework of the development of growth and a descending channel. At the time of publication of the forecast, the price of Gold for today is 2655 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 decline and test the support level near the 2630 area. From where we should expect an…

The quotes of XAG/USD continue to move within the development of a fall and a descending channel. At the time of publication of the forecast, the Silver price is 29.40. Moving averages indicate the presence of a bearish trend. Prices have broken through the area between the signal lines downwards, 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 growth in the cost of the metal and a test of the resistance level near the 29.55 area. From where we should…

The quotes of the currency pair NZD/USD continue to move within the development of a decline and a descending channel. 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 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 0.5589. At the moment, we should expect an attempt…

The USD/CHF currency pair continues to move within the development of growth and a bullish channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc exchange rate is 0.9128. 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 asset’s value growth from the current levels. At the moment, we should expect an attempt to develop a decline in the US Dollar against the Swiss Franc and a test of…

BTC/USD quotes are trading at 97554 and continue to move within the framework of the growth and bullish channel development. Moving averages indicate the presence of a short-term bearish trend for Bitcoin. Prices have broken through the area between the signal lines upwards, which indicates pressure from the buyers of “Digital Gold” and a potential continuation of the growth in the asset value from the current levels. As part of the cryptocurrency rate forecast for tomorrow, January 3, 2025, we should expect an attempt to develop a decrease in the value of the digital asset and a test of the…

ETH/USD are trading at 3334 and continue to move within the framework of growth development and the formation of the “Triangle” model. Moving averages indicate the presence of a short-term bearish trend for Ether. Prices are testing the area between the signal lines, which indicates pressure from sellers and a potential continuation of the asset’s fall from current levels. At the moment, we should expect an attempt to develop a fall in the coin and a test of the support level near the 3365 area. From where we should again expect an upward rebound in prices and continued growth of…