Silver continue to move as part of the correction and the upward channel. At the time of the publication of the forecast, the price of Silver is 17.04 Dollars. Moving averages indicate a bullish trend. Prices have gone far up from the area between the signal lines, which indicates pressure from buyers of the asset and the potential continuation of the growth in the value of the asset. At the moment, we should expect an attempt to develop a downward correction of the metal value and a test of the support level near the area of 15.95. Where can we…
Author: forex24pro
forex24pro
I trade in the foreign exchange market, and also invest in cryptocurrencies. I am 35 years old. Trade experience is 12 years. In trade, I use several unique trading systems, as well as simple tools for technical analysis. I plan to write my own book on trading.
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in the framework of the fall and the downward channel. 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 the sellers of the currency pair. At the time of the publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6025. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6065.…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and formation of the «Triangle» model. At the time of the publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 0.9691. Moving averages indicate a short-term bullish trend for the pair. Prices are testing the area between the signal lines, which will indicate pressure from buyers. At the moment, we should expect an attempt to depreciate the Dollar against the Franc and test the support area near the level of 0.9625. Then, a rebound and continued appreciation of the US…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and formation of the «Triangle» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 72.69. Moving averages indicate a short-term bearish trend. Prices pierced the area between the signal lines up, which indicates pressure from buyers of the American currency. As part of the forecast for the Dollar on May 19, 2020, we should expect an attempt to develop a bullish correction and test the resistance level near the area of 73.55 Rubles…
BTC/USD are trading at 9709 and continue to move as part of the correction and the formation of the «Double Top» reversal pattern. Bitcoin cryptocurrency capitalization at the time of the publication of the forecast is $178 152 362 889. Moving averages indicate the presence of a short-term bullish trend for Bitcoin. Prices pushed from the area between the lines up, indicating pressure from the buyers of Digital Gold. As part of the cryptocurrency rate forecast for May 19, 2020, we should expect an attempt to continue the growth of the digital asset value and a test of the resistance…
ETH/USD are trading at 211.30 and continue to move as part of strong growth and an upward channel. The capitalization of the Ethereum cryptocurrency at the time of the publication of the forecast is $23 541 155 172. Moving averages indicate the presence of a short-term bullish trend for Ethereum. Prices pierced the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to correct the value of the coin and test the support level near the area of 205.05. Where again we should expect a rebound and continued growth of…
LTC/USD are trading at 45.14 and continue to move as part of the correction and the downward channel. Litecoin cryptocurrency capitalization at the time of the publication of the forecast is $2 927 740 846. Moving averages indicate the presence of a short-term bearish trend for Litecoin. Prices have broken through the area between the signal lines up, which indicates pressure from buyers. At the moment, we should expect an attempt to increase the value of the digital asset and test the resistance level near the area of 47.25. Where again we should expect a rebound and a continued fall…
XRP/USD are trading at 0.2029 and continue to move as part of the correction and the downward channel. The capitalization of the Ripple cryptocurrency at the time of the publication of the forecast is $9 020 091 755. Moving averages indicate the presence of a short-term bearish trend for Ripple. Prices are testing the area between the signal lines, indicating pressure from asset sellers. At the moment, we should expect an attempt to correct the digital asset and test the resistance level near the 0.2165 area. Further, the continuation of the fall of cryptocurrency to the area below the level…
BCH/USD are trading at 246.08 and continue to move as part of the correction and the downward channel. Bitcoin Cash cryptocurrency capitalization at the time of the publication of the forecast is $4 523 800 384. Moving averages indicate the presence of a short-term bullish trend in Bitcoin Cash. Prices pierced the area between the signal lines up, which indicates pressure from the buyers of the asset. As part of the cryptocurrency rate forecast for May 19, 2020, we should expect an attempt to develop an asset value correction and a test of the resistance level near the area of…
Currency pair Euro Dollar EUR/USD completes the trading week near the area of 1.0800. The pair continues to move as part of the decline and the downward channel. Moving averages indicate a downward trend in the pair. Prices pushed from the area between the signal lines, indicating pressure from sellers of European currency. At the moment, we should expect an attempt to develop a correction and test the resistance area near the level of 1.0955. Where is the rebound expected and the continuation of the fall of the Euro/Dollar. The potential target of the rise is the area below the…