Nordfx broker: news, Weekly Analytics

[Stan NordFX]

Forex and Cryptocurrency Forecast for January 06 – 10, 2025

The past week saw significant movements across major Forex and cryptocurrency pairs, reflecting broader market trends influenced by ongoing economic uncertainties and geopolitical factors. While the Euro and gold demonstrated correction and consolidation within familiar patterns, bitcoin exhibited strength within its bullish trajectory. The coming week promises to bring further volatility as markets react to evolving economic data and sentiment shifts.

EUR/USD

The EUR/USD pair concluded the week near 1.0282, moving within a well-defined descending channel. Bearish momentum remains dominant, with moving averages confirming a downtrend. Selling pressure is evident as prices have broken below key signal lines, hinting at a potential test of support near 1.0195 in the coming week. Following this decline, an upward rebound is anticipated, potentially propelling the pair toward the 1.0545 level.
Additional confirmation of this rebound could come from a test of the relative strength indicator (RSI) support line, accompanied by price support in the lower channel range. However, a break below 1.0045 would invalidate the bullish outlook, suggesting further declines toward 0.9805. Traders should monitor the pair’s behaviour around these critical levels, as a breakout above 1.0545 would signal a resumption of upward momentum and a breach of the descending channel.

XAU/USD

Gold closed the previous week with a modest rise, ending near 2645, while continuing to trade within a corrective triangle formation. The overall trend remains bullish, as evidenced by moving averages, which reflect ongoing buyer support. In the short term, a decline toward the 2625 support level may precede an upward rebound, targeting 2975 as a potential high.
The RSI trend line and the lower boundary of the triangle pattern provide additional signals supporting the bullish forecast. A break below 2485 would invalidate this scenario, indicating a continuation of the downtrend toward 2415. Conversely, a confirmed breakout above 2755 would signal the completion of the triangle pattern, paving the way for a sustained move higher toward new highs.

BTC/USD

Bitcoin continues to consolidate its position within a bullish channel, closing the week at 97,438. The cryptocurrency's upward momentum is supported by strong buying activity, as prices remain above key moving averages. However, a short-term correction could lead to a test of support near 84,305. From this level, a rebound is likely to propel bitcoin toward the 130,635 mark.
The lower boundary of the bullish channel and the RSI support line provide additional backing for this optimistic outlook. A fall below 80,205, however, would invalidate the bullish scenario and suggest a deeper correction toward 65,605. A breakout above 105,005 would confirm continued bullish momentum and likely attract further buyer interest.

The upcoming trading week presents a mix of potential corrections and trend continuations across Forex and cryptocurrency markets. The EUR/USD pair is poised for a rebound following a test of lower support levels, while gold is expected to sustain its bullish trend within its triangle pattern. Bitcoin remains on a bullish trajectory, with its correction phases offering opportunities for renewed growth. Traders should closely monitor key support and resistance levels for actionable insights and confirmatory signals in a highly dynamic market environment.



NordFX Analytical Group

Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.

 

[Stan NordFX]

Forex and Cryptocurrency Forecast for January 27 – 31, 2025

The past week in the financial markets has seen mixed movements across major currency pairs, cryptocurrencies, and commodities. The euro-dollar pair (EUR/USD) has been navigating a corrective phase, attempting to regain upward momentum after a brief dip. Bitcoin (BTC/USD) continued its bullish trend but showed signs of a potential short-term correction before further growth. Meanwhile, gold (XAU/USD) remains supported by buyers, consolidating gains with a bullish breakout in sight. As we approach the trading week of January 27–31, 2025, the market is expected to test significant support and resistance levels, with investors closely watching key indicators for directional cues.

EUR/USD

The euro-dollar pair (EUR/USD) ended the previous week near the 1.0486 mark, completing a correction phase while staying within a broader upward movement. Despite this, the pair has exited a descending channel, though moving averages indicate a bearish trend remains in play. Sellers have exerted pressure, signalling a potential continuation of the decline to test the support area around 1.0285. However, a rebound from this level is anticipated, potentially driving the pair upward toward the 1.0985 target in the coming week.
Technical indicators suggest an additional bullish signal, with a possible test of the relative strength indicator (RSI) support line. A breakout above 1.0545 would further confirm this scenario, strengthening the likelihood of continued growth. Conversely, a drop below 0.9935 would invalidate this outlook, suggesting a deeper decline toward 0.9645.

XAU/USD

Gold (XAU/USD) ended the previous week trading near 2,772, maintaining its bullish trajectory within a “Triangle” pattern. Moving averages reflect strong buyer momentum, with a break above key signal lines reinforcing the possibility of further price increases. However, a short-term decline to test the 2,695 support level may occur before the commodity resumes its climb. A rebound from this support could drive gold prices toward a target above 3,085.
Additional support for a bullish outlook includes a bounce from the trend line on the RSI and a rebound from the upper boundary of the “Triangle” pattern. A breakout above 2,805 would further confirm the upward trend. Conversely, a drop below 2,495 would invalidate the bullish scenario, paving the way for a decline toward 2,415.

BTC/USD

Bitcoin (BTC/USD) concluded last week at 105,361, continuing its advance within a well-established bullish channel. Moving averages confirm an ongoing upward trend, and a break above signal lines indicates sustained buying interest. However, a brief pullback toward the support level at 94,665 may occur before the cryptocurrency resumes its ascent. A successful rebound from this support zone could propel Bitcoin toward a target above 132,405.
Support from technical signals includes a bounce off the lower boundary of the bullish channel and the RSI support line. A breakout above 112,605 would further validate the bullish trend. Should Bitcoin breach the 81,205 level instead, it would suggest a breakdown of support, with potential losses extending to 73,505.

The trading week of January 27–31, 2025, holds potential for significant movements across the forex, cryptocurrency, and commodity markets. The euro-dollar pair could experience a rebound if support near 1.0285 holds, while Bitcoin and gold remain poised for further gains, albeit with possible short-term corrections. Traders should monitor key technical levels closely, as breakouts or breakdowns will play a crucial role in shaping market sentiment and guiding trading decisions.

NordFX Analytical Group

Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.

 

[Stan NordFX]

Forex and Cryptocurrency Forecast for February 10 - 14, 2025

The past week saw contrasting movements in key markets. The euro continued to lose ground against the US dollar, with bearish sentiment dominating the EUR/USD pair. Meanwhile, bitcoin remained strong despite minor pullbacks, holding its place in a bullish trend channel. Gold prices, too, extended their rise, reflecting continued market demand for safe-haven assets amid global uncertainties. As we look ahead to the upcoming week, market trends suggest potential shifts in key assets depending on support and resistance levels.

EUR/USD

The EUR/USD currency pair concluded last week near 1.0393, marking another decline as bearish momentum persisted. A reversal pattern, identified as the "Head and Shoulders," remains in play, indicating continued pressure on the euro. Moving averages confirm the bearish trend, and the pair broke below key signal lines, reinforcing expectations for further downside movement.
In the coming week, the pair may test the support level near 1.0290. If this level holds, a rebound is anticipated, potentially propelling the euro toward a target of 1.0735. Technical indicators, including a test of the support line on the relative strength index (RSI), point towards this recovery scenario. However, should the pair breach 0.9985, the bearish outlook would be reaffirmed, setting the stage for a decline towards the 0.9675 region.
Ultimately, the focus for EUR/USD traders remains on whether the pair can sustain its current support levels or whether further bearish action will drive it to new lows.

XAU/USD

Gold ended the week trading near 2870, maintaining its position within a strong bullish channel. Moving averages indicate that the upward momentum remains intact, with prices breaking higher across key signal areas. This suggests that market sentiment remains favourable for continued gold price growth in the near term.
Despite the bullish sentiment, a short-term correction could lead to a test of the 2755 support level. If prices find stability there, a rebound toward the 3165 target is likely. A key signal supporting this scenario is a potential bounce off the lower border of the bullish channel, complemented by RSI trends pointing to continued upward momentum. Conversely, if gold prices breach the 2635 level, a deeper correction toward 2555 could unfold.
Given its safe-haven status, gold’s trajectory this week will likely reflect both technical dynamics and broader risk sentiment in the markets.

BTC/USD

Bitcoin remains resilient, closing last week at 97,224. The asset has stayed within an established bullish channel, with moving averages suggesting a continuation of the uptrend. The break above key signal lines has underscored renewed buying interest, even though short-term corrections are still part of the market dynamic.
In the coming week, bitcoin may test support near 86,065. Should buyers regain control at this level, a subsequent rally could push prices beyond 127,605. Technical signals, including a rebound from both the lower channel boundary and the RSI support line, indicate that bitcoin remains on course for further growth. However, a failure to hold the 86,065 level might lead to a steeper decline, targeting the 75,205 mark.
Bitcoin’s price path will largely depend on whether bullish momentum can overcome any short-term corrective pressures, as traders monitor both fundamental and technical indicators.

The upcoming week presents key inflection points for EUR/USD, gold, and bitcoin. The euro faces potential further losses unless it can hold crucial support levels, while gold appears set for continued gains if its bullish channel remains intact. Bitcoin, on the other hand, retains its long-term upward trajectory but must first withstand near-term corrections. Traders will closely watch support and resistance levels across these markets to assess potential reversals and confirm trend continuation.

NordFX Analytical Group

Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.

 

[Stan NordFX]

Forex and Cryptocurrency Forecast for February 24 - 28, 2025

The past week saw significant movements in the forex and cryptocurrency markets, with the EUR/USD pair experiencing a correction within a descending channel, gold continuing its bullish trajectory, and bitcoin maintaining its upward trend within a correction phase. Looking ahead to the upcoming week, traders should anticipate further developments in these trends, with key support and resistance levels likely to play a crucial role in shaping market direction. The euro remains under pressure against the dollar, gold may face resistance before a potential pullback, and bitcoin continues to consolidate before a possible breakout.

EUR/USD

The EUR/USD pair closed the previous trading week near 1.0473, showing signs of recovery but still within a bearish correction. Moving averages indicate a prevailing downward trend, and the pair's recent break below the signal lines suggests sustained selling pressure. The coming week may see an attempt to decline further towards the 1.0085 support level, from where an upward rebound is likely. Should this occur, the euro could advance towards a potential resistance target at 1.0795.
An additional factor supporting a possible recovery is the relative strength index (RSI), which signals a test of the support line. The lower boundary of the descending channel could also act as a point of reversal. However, a decisive break below 0.9875 would invalidate the bullish recovery scenario, suggesting further decline towards 0.9585. Confirmation of continued growth would require a breakout above 1.0645, which would signal an exit from the descending channel and reinforce a bullish outlook for the euro.

XAU/USD

Gold ended the previous week with growth near the 2927 level, continuing to move within a bullish channel. The moving averages indicate a strong upward trend, and the breakout above the signal lines suggests that buyers still dominate the market. In the coming week, gold may attempt to test the resistance level near 2945, followed by a possible downward correction. If the pullback occurs, XAU/USD could decline towards 2735 before a potential rebound.
A further signal supporting a bearish correction is a test of the trend line on the RSI, alongside a rejection from the upper boundary of the bullish channel. However, if gold sees a strong rally past the 3025 resistance level, this could confirm the continuation of the bullish trend, pushing prices towards 3145. Conversely, a confirmed breakout below 2905 would validate the bearish correction and signal further declines.

BTC/USD

Bitcoin closed the trading week at 98,224, continuing to move within a correction phase while maintaining its broader bullish trend. The moving averages suggest an ongoing uptrend, with prices breaking above the signal lines, indicating strong buying interest. In the upcoming week, BTC/USD may attempt to retest support near 94,505 before resuming its upward trajectory. If the rebound occurs, bitcoin could target a resistance level above 130,605.
Technical factors support this scenario, with a potential bounce from the lower boundary of a "Triangle" pattern and a test of the RSI support line. However, a decisive drop below 81,505 would invalidate the bullish outlook, suggesting a further decline towards 75,455. A confirmed breakout above 108,605 would reinforce the bullish trend, signaling a potential breakout from the "Triangle" pattern with an extended target towards the upside.

The upcoming trading week presents key levels to watch across forex and cryptocurrency markets. The EUR/USD pair remains under bearish pressure but could see a recovery if support holds, while gold's bullish trend faces a test at resistance levels. Bitcoin continues its upward correction, with the potential for further gains if it rebounds from support. Traders should monitor price action closely, as breakouts or breakdowns at critical levels will determine the next major moves across these markets.

NordFX Analytical Group

Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.

 

[Stan NordFX]

Forex and Cryptocurrency Forecast for March 03 - 07, 2025

The past week saw notable market fluctuations across major Forex and cryptocurrency pairs, with the euro weakening against the dollar, gold maintaining its bullish momentum, and bitcoin experiencing downward pressure despite an overall long-term uptrend. Moving into the first full week of March, volatility is expected to persist, driven by macroeconomic indicators, central bank comments, and investor sentiment. The euro is showing signs of a possible rebound, gold is poised to continue its bullish trajectory, and bitcoin faces key support and resistance levels that could define its next major move.

EUR/USD

The euro-dollar pair ended the week lower, closing near 1.0387 as it remained within a corrective phase and formed a "Triangle" pattern. Technical indicators suggest a bearish trend, with the price breaking through key moving average signals. Sellers appear to be in control, pointing to a possible continuation of the downtrend. In the coming week, an attempt to test the support zone near 1.0255 is expected, followed by a potential rebound that could push the pair towards the 1.0805 level.
A test of the support line on the Relative Strength Index (RSI) would confirm the likelihood of an upward correction. Additionally, a bounce from the lower boundary of the "Triangle" pattern would reinforce bullish prospects. However, if the pair breaks below 0.9965, the bearish outlook will be confirmed, potentially driving the euro down to 0.9645. A breakout above 1.0645, on the other hand, would signal renewed bullish momentum, indicating a possible breach of the upper boundary of the "Triangle" and setting targets higher.

XAU/USD

Gold remains within a strong bullish trend, with the price continuing to move inside an ascending channel. The breakout above key moving average levels confirms ongoing buying pressure. However, a temporary correction could lead to a test of support near 2835 before prices resume their uptrend. If this scenario plays out, the next upside target lies above 3075.
Further confirmation of gold's bullish continuation would come from an RSI trendline rebound and a bounce from the lower boundary of the channel. Should the price fall and break below 2735, the bullish outlook would be invalidated, signaling a potential decline towards 2665. On the upside, a breakout and close above 2935 would affirm the continuation of the upward movement, keeping gold on track for new highs.

BTC/USD

Bitcoin ended the week at 79,552, staying within a downtrend as it moves towards completing the "Triangle" pattern. While the long-term trend remains upward, the cryptocurrency is currently under selling pressure, as indicated by its break below key moving average signals. A short-term recovery is possible, with an expected test of resistance near 86,505 before renewed downward momentum potentially drives the price towards 61,605.
A confirmation of the bearish scenario would come from a bounce off the lower boundary of the "Triangle" and rejection at the RSI resistance line. If bitcoin manages to break and sustain above 97,045, the bearish outlook would be negated, opening the way for further gains towards 105,605. Conversely, a break below 72,065 would indicate stronger selling pressure and confirm the continuation of the bearish movement.

The upcoming trading week presents a mix of opportunities and risks across Forex and cryptocurrency markets. The euro remains under pressure but could see a recovery if it holds key support levels. Gold continues its bullish momentum, though a short-term correction is likely before further gains. Bitcoin is at a critical juncture, with a possible rebound before a continued decline unless it breaks key resistance. Traders should stay vigilant, monitor economic developments, and prepare for potential volatility in the days ahead.

NordFX Analytical Group

Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.

 

[Stan NordFX]

Forex and Cryptocurrency Forecast for March 10 - 14, 2025

The past trading week saw significant movements across major financial instruments, with notable volatility in forex, gold, and cryptocurrency markets. The euro demonstrated strong growth against the US dollar, while gold remained within its bullish channel despite undergoing a correction. Bitcoin continued to test key levels, showing signs of both support and resistance as it fluctuated within a downward correction channel.
Looking ahead to the upcoming week, market participants should brace for continued fluctuations driven by economic data releases, central bank policy expectations, and broader risk sentiment. EUR/USD is poised for potential gains despite facing resistance, gold may extend its uptrend following a correction, and bitcoin remains at a critical juncture where a further decline could signal a deeper correction.

EUR/USD

The EUR/USD pair closed the previous week with strong growth, settling near 1.0837. Despite the overall bearish trend indicated by moving averages, prices have broken above the signal lines, suggesting renewed bullish momentum. In the coming week, the pair may initially experience a pullback towards the support area at 1.0655 before rebounding and continuing its upward trajectory. The primary growth target for the euro stands above 1.1175.
A key factor supporting this potential rise is a test of the support line on the relative strength index (RSI), which historically signals upward reversals. Additionally, a bounce from the lower boundary of the bullish channel would reinforce this scenario. However, a decline below 1.0505 would invalidate the bullish outlook, potentially triggering a deeper fall towards 1.0245. Confirmation of sustained growth would require a breakout above 1.0885, which would indicate a breach of the upper boundary of the descending channel.

XAU/USD

ongoing bullish trend. Moving averages continue to reflect an upward trajectory, and the price action suggests that buyers remain in control. For the upcoming week, a short-term decline towards the support level at 2865 is likely before an upward reversal leads to further gains. The primary target for gold remains above 3085.
An additional confirmation of the bullish scenario will be a rebound from the trend line on the RSI, as well as a reaction at the lower boundary of the bullish channel. However, a drop below 2745 would signal the cancellation of this bullish outlook, potentially driving prices down towards 2675. Conversely, a breakout above 2965 would reinforce expectations of continued growth.

BTC/USD

Bitcoin concluded the previous week at 88,497, maintaining its position within a broader corrective phase. Although the moving averages still point to an overall uptrend, the market is currently facing downward pressure. In the week ahead, BTC/USD may test the support level at 86,505 before attempting another upward move towards 115,685.
A rebound from the lower boundary of the bullish channel or the RSI trend line would support this bullish scenario. However, if bitcoin breaks below 72,305, it would invalidate the upward trend and could lead to a deeper decline, with a target at 66,405. A confirmed bullish continuation would require a breakout above 96,055, which would indicate a shift back towards a more aggressive upward trend.

The coming trading week is expected to bring heightened market activity, with EUR/USD seeking support before resuming its climb, gold aiming for further gains after a correction, and bitcoin standing at a crucial technical threshold. Key support and resistance levels will determine the next major movements for each asset. Traders should remain vigilant to economic releases and technical indicators to navigate the evolving market landscape effectively.

NordFX Analytical Group

Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.

 

[Stan NordFX]

Forex and Cryptocurrency Forecast for March 24 - 28, 2025

In the week leading up to March 21, 2025, financial markets saw mixed dynamics across major instruments. The euro weakened against the dollar amid economic concerns in the eurozone and expectations of tighter US trade policy. Gold surged to new highs as demand for safe-haven assets intensified, while bitcoin experienced sharp intraday swings, reflecting an ongoing tug-of-war between bullish sentiment and technical corrections. As we move into the final week of March, investors will remain focused on key macroeconomic indicators, geopolitical developments, and monetary policy cues that could set the tone for market direction.

EUR/USD

The EUR/USD pair ended the past week with a moderate decline, closing around 1.0815. While the overall trend remains bearish, technical indicators show signs of a potential corrective rebound. The pair is currently trading just above key support near 1.0800. A short-term move towards the 1.0870–1.0905 resistance area remains likely, driven by temporary dollar softness. However, failure to break above this resistance could result in renewed selling pressure, pushing the pair back towards 1.0750 or even lower. A decisive drop below 1.0635 would confirm a bearish breakout, while a breakout above 1.1115 could open the way to 1.1375, marking a shift to a stronger upward trend.

XAU/USD

Gold (XAU/USD) ended the week with aggressive gains, closing near $3,033 after briefly reaching a record high of $3,057. The uptrend remains strong, supported by expectations of lower interest rates and elevated geopolitical risk. However, with such rapid growth, a temporary correction cannot be ruled out. A pullback towards the support level at $2,935 is possible before buyers regain control. If the bullish trend resumes, the next target lies above $3,145. Should prices break below $2,875, this would signal a shift in sentiment and may lead to a decline towards $2,725. For now, momentum remains with the bulls, and dips are likely to be viewed as buying opportunities.

BTC/USD

Bitcoin closed the week at around $83,888, after an eventful few days that saw the cryptocurrency surge near $90,000 before retreating. The broader trend remains bullish, though the market appears to be undergoing a consolidation phase. Current technical conditions suggest a possible test of support near $80,875, from where a fresh upward move could begin, targeting a potential rally above $106,500. A rebound from the lower boundary of the bullish channel and support on the RSI would reinforce the bullish case. However, a fall below $73,605 would indicate a breakdown in structure and increase the risk of decline towards the $65,445 area. A breakout above $91,505 would confirm renewed bullish momentum.

The upcoming week promises to be pivotal across forex and crypto markets. EUR/USD may attempt a corrective rebound but remains vulnerable to renewed dollar strength. Gold continues to benefit from risk-off flows and may extend gains following any pullback. Bitcoin, despite its recent volatility, retains upside potential as long as key support levels hold. With global financial and political developments in flux, traders should remain flexible and alert to both technical signals and fundamental shifts that could redefine market trajectories.

NordFX Analytical Group

Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.

 

[Stan NordFX]

NordFX at Forex Expo Dubai 2025

NordFX took part as a Diamond Sponsor at Forex Expo Dubai 2025, one of the world’s biggest fintech and trading events held on 6–7 October at the Dubai World Trade Centre.

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With nearly 90 international awards and clients in over 190 countries, NordFX continues to strengthen its reputation as a trusted global broker committed to innovation, transparency and trader success.

Read more: https://nordfx.com/company-news/nor...ng-traders-partners-and-innovators?id=1187185

 

[Stan NordFX]

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