FX forecast for Jan 25

- [USD/MDL] After last week's fluctuations caused by the wide discrepancy between the offer and the demand for US dollars, the internal currency market came back to normal by the end of the week, with bid rates around 12.45 lei and ask rates around 12.55 lei, Financial Brains director PhD Sveatoslav Mihalache has told Info-Prim Neo. Today the dollar will buy at 12.43 – 12.48 lei and sell at 12.58 – 12.65 lei. [EUR/USD] The euro last Thursday (Jan 21) hit a low of $1.4020, and now attempts, falteringly, to regain previous positions. Currently the euro trades at $1.4165 and it is possible that today it will hit the $1.4220 mark, which coincides with the first resistance level. The next resistance level is situated at $1.4330, while the closest support levels stand at $1.4110 and $1.4020. [EUR/MDL] 17.55 – 17.60 lei (bid) and 17.78 – 17.83 (ask). For further details visit www.fb.md or www.financialbrains.eu