GOLD continue to move within the growth and the rising channel. At the time of the publication of the forecast, the price of GOLD is 1326 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. At the moment, we can expect an attempt at correction and a test of the support level near the area of 1305. Where can we expect a rebound and continued growth in the price of GOLD with the target above the level of 1355. XAU/USD Forecast and GOLD analysis June 5, 2019 In favor of reducing the XAU/USD quotes, a test of the…
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.
Silver continue to move within the growth and downward channel. At the time of the publication of the forecast, prices for Silver amount to $ 14.73. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to continue the asset correction and test the resistance level near the area of 14.80. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 13.85. XAG/USD Forecast Silver and Analysis June 5, 2019 In favor of raising the XAG/USD quotes, a test of the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within a strong upward correction and a bearish channel. Moving averages indicate a short-term bearish trend for the pair. At the time of publication of the Forex forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6595. At the moment, we should expect an attempt to continue the growth of the pair and test the resistance level near the area of 0.6635. Further, in the framework of the Forex forecast, an attempt is expected to fall of the currency pair in…
Currency pair Dollar Franc USD/CHF continues to move in the framework of the decline and the downward channel. At the time of publication of the Forex forecast, the exchange rate of the US Dollar to Swiss Franc is 0.9930. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to continue the decline and test the support area near the level of 0.9895. Then, the rebound and continued growth of the US Dollar against the Swiss Franc with a target above the level of 1.0020. USD/CHF Forecast Dollar Franc June 5, 2019…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the 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 65.23. Moving averages indicate an uptrend. As part of the forecast for the USD/RUB exchange rate for tomorrow, June 5, 2019, we should expect an attempt to reduce and test the support level near 64.65 Rubles per US Dollar. Then, the rebound and the continued growth of the currency pair in the region above the level of 67.90.…
Bitcoin BTC/USD are trading at 7928 and continue to move within the downward correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $141 739 598 240. Moving averages indicate a flat trend. As part of the cryptocurrency exchange rate forecast for June 5, 2019, we should expect an attempt to decline and a test of the support level near the area of 7755. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the area of 9350. Bitcoin Forecast and…
Ethereum ETH/USD are trading at 248.48 and continue to move as part of the correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $26 393 179 310. Moving averages indicate a short-term bull trend in Ethereum. At the moment, we should expect an attempt to decrease and test the lower boundary of the ascending channel near area 235. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 320. Ethereum Forecast and ETH/USD Analysis June 5, 2019…
Litecoin LTC/USD traded at 104.31 and continue to move within the correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $6 543 647 827. Moving averages indicate a bullish trend on Litecoin. However, the quotes were able to break through the slow moving average, which indicates a slowing trend. At the moment, we should expect an attempt to reduce and test the support level near the area of 100.35. Where can we expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 125.55. Litecoin…
Ripple XRP/USD are trading at 0.4069 and continue to move as part of the correction and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $17 510 210 696. Moving averages indicate a short-term bullish Ripple trend. At the moment, we should expect an attempt to fall and a test of the support level near the area of 0.3865. Further, the continuation of the growth of cryptocurrency in the region above the level of 0.4565. Ripple Forecast and XRP/USD Analysis June 5, 2019 In favor of the growth of XRP/USD quotes,…
Bitcoin Cash BCH/USD are trading at 393.78 and continue to move as part of the correction and the ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 088 523 140. Moving average indicate the presence of a short-term bullish trend on Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for June 5, 2019, we should expect an attempt to fall and a test of the support level near the area of 370.00. Where can we again expect a rebound and continued growth of the digital asset Bitcoin Cash with a potential target…