Author: forex24pro

Brent 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 75.63 dollars per barrel. Moving averages indicate the presence of a short-term bearish trend for oil. Prices are again testing the area between the signal lines, which indicates pressure from sellers of “Black Gold” and a potential continuation of the fall in the value of the asset 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 framework of the development of growth and a bullish channel. At the time of publication of the forecast, the US Dollar to Canadian Dollar exchange rate is 1.3819. 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’s growth in the near future. At the moment, it is worth considering an attempt to develop the fall in the Canadian Dollar price and…

XAU/USD quotes continue to move within the development of growth and a bullish channel. At the time of publication of the forecast, the price of Gold for today is 2739 Dollars per Troy Ounce. Moving averages indicate the presence of a short-term bullish trend. Prices have broken through the area between the signal lines upwards, which indicates pressure from asset buyers and potential continuation of growth from current levels. At the moment, we should expect an attempt to develop a bearish correction and a test of the support level near the 2720 area. From where we should expect an upward…

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 34.07. Moving averages indicate a bullish trend. Prices are testing the area between the signal lines again, indicating pressure from buyers and potential continued growth from current levels. At the moment, we should expect an attempt to develop a bearish correction in the metal price and a test of the support level near the 32.55 area. From where we should expect an upward rebound and continued growth in the…

The quotes of the currency pair NZD/USD continue to move within the development of a bullish correction and a descending channel. The moving averages indicate the presence of a short-term bearish trend for the pair. Prices are 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 Forex forecast, the New Zealand Dollar to US Dollar exchange rate is 0.6019. At the moment, we should expect an attempt to develop…

The USD/CHF currency pair continues to move within the development of a bearish correction and a bullish channel. At the time of publication of the Forex forecast, the US Dollar to Swiss Franc exchange rate is 0.8655. Moving averages indicate the presence of a short-term bearish trend for the pair. Prices have broken through the area between the signal lines upwards, which indicates pressure from buyers and potential continued growth in the asset value from 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…

BTC/USD quotes are trading at 66472 and continue to move within the development of minor growth and a bullish channel. Moving averages indicate the presence of a short-term upward 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 growth in the value of the asset from the current levels. As part of the cryptocurrency rate forecast for tomorrow, October 25, 2024, we should expect an attempt to develop a decrease in the value of the digital asset and a test of…

ETH/USD are trading at 2532 and continue to move as part of the development of the correction and the formation of the “Triangle” model. Moving averages indicate a short-term bullish trend for Ethereum. Prices have broken through the area between the signal lines downwards, indicating 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 bearish correction in the coin’s value and a test of the support level near the 2415 area. From where we should again expect an upward price rebound and continued growth…

Notcoin is trading at 0.007629 and continues to move within the development of the correction and the descending channel. Moving averages indicate the presence of a short-term bearish trend for the Notcoin coin. Prices have broken through the area between the signal lines downwards, which indicates pressure from coin sellers and a potential continuation of the fall from the current levels. As part of the Notcoin rate forecast, it is worth considering an attempt to develop growth in the value of the digital asset and a test of the resistance area near the level of 0.007785. From where a rebound…

Quotations of the Indian Rupee against the US Dollar INR/USD currency pair continue to move within the development of a fall and a descending channel. 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 fall in the value of the instrument from the current levels. At the time of publication of the forecast, the Indian Rupee to the US Dollar exchange rate is 0.01189. At the moment, it is worth…