Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the growth and ascending channel. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3488. Moving averages indicate the presence of a short-term upward trend for the pair. At the moment, we should expect an attempt to reduce the asset and a test of the support level near the area of 1.3465. Further, the rebound and the continuation of the growth of the currency pair on Forex. The potential target of such a movement of quotes is an…
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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.
GOLD continue to move as part of the correction and the formation of the descending «Head and Shoulders» model. At the time of the publication of the forecast, the price of GOLD is 1276 Dollars per Troy Oz. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt at a correction and a test of the resistance level near the 1290 area. Where can we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1240. XAU/USD Forecast and GOLD analysis May 31, 2019…
Silver continue to move within a strong correction and a bearish channel. At the time of the publication of the forecast, prices for Silver are $ 14.39. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to continue asset correction and a test of the resistance level near the 14.45 area. Where can we expect a rebound and the continuation of the fall in the price of Silver with the goal below the level of 14.20. XAG/USD Forecast Silver and Analysis May 31, 2019 In favor of raising the XAG/USD quotes, a test of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction and the descending channel. Moving averages indicate a short-term downward trend in the pair. At the time of publication of the Forex forecast, the New Zealand Dollar/US Dollar rate is 0.6523. At the moment, we should expect an attempt to continue the correction of the pair and the test of the resistance level near 0.6535. Further, as part of the Forex forecast, it is expected that the currency pair will continue to fall into the region below the level of 0.6355. NZD/USD…
Currency pair Dollar Franc USD/CHF continues to move within the correction and the bullish channel. At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 1.0094. Moving averages indicate the presence of a short-term side trend for the pair. At the moment, we should expect an attempt of a minor correction and a test of the support area near the level of 1.0020. Then, a rebound and continued growth of the US dollar against the Swiss Franc with the goal above the level of 1.0235. USD/CHF Forecast Dollar Franc May…
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 64.88. Moving averages indicate a bearish trend. As part of the forecast for the USD/RUB exchange rate for tomorrow, May 31, 2019, we should expect an attempt to fall and a test of the support level near 64.55 Rubles for the US Dollar. Then, the rebound and the continued growth of the currency pair in the region above…
Bitcoin BTC/USD traded at 8738 and continue to move within the growth and bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $155 010 641 129. Moving averages indicate a bullish trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for May 31, 2019, we should expect an attempt to fall and a test of the support level near the 8255 area. Bitcoin Forecast and Analysis BTC/USD May 31, 2019 In favor of the growth of BTC/USD quotes, a test of the rising trend line on the relative strength index (RSI) will be…
Ethereum ETH/USD are trading at 283.11 and continue to move within the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $30 169 683 255. Moving averages indicate a short-term bullish trend in Ethereum. At the moment, we should expect an attempt to reduce and test the lower boundary of the ascending channel near region 270. Where again we should expect a rebound and continued growth in the rate of Ethereum with a potential target above the level of 315. Ethereum Forecast and ETH/USD Analysis May 31, 2019 An additional signal in favor…
Litecoin LTC/USD traded at 116.77 and continue to move within the growth and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 272 493 519. Moving averages indicate a bullish trend on Litecoin. At the moment, we can expect an attempt to reduce and test the support level near the area of 109.65. Where can we expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 135.65. Litecoin Forecast and LTC/USD Analysis May 31, 2019 In favor of growth in LTC/USD quotes, a test of…
Ripple XRP/USD are trading at 0.4619 and continue to move within the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $19 518 340 435. Moving averages indicate a short-term bullish trend on Ripple. At the moment, we should expect an attempt to reduce and test the support level near the 0.4535 area. Further, the continuation of cryptocurrency growth in the region above the level of 0.5085. Ripple Forecast and XRP/USD Analysis May 31, 2019 In favor of the growth of XRP/USD quotes, a test of the rising trend line on the relative…