GOLD continue to move as part of the decline and formation of the «Head and Shoulders» downward pattern. At the time of the publication of the forecast, the price of GOLD is 1283 Dollars per Troy Oz. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 1290. Where can we expect a rebound and the continuation of the fall in the price of GOLD with the target below the level of 1245. XAU/USD Forecast and GOLD analysis May 29, 2019 In favor of…
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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.
Silver continue to move in the framework of the decline and the downward channel. At the time of the publication of the forecast, the price of Silver is 14.47 Dollars. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt at a slight correction of the asset and a test of the resistance level near the area of 14.60. 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 May 29, 2019 In favor of…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in the upward correction and the bearish 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 0.6548. At the moment, we should expect an attempt to correct the pair and test the resistance level near the area of 0.6610. 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 0.6405. NZD/USD Forecast…
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 exchange rate of the US Dollar to the Swiss Franc is 1.0044. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to correct and test the support area near the level of 1.0025. Then, a rebound and continued growth of the US Dollar against the Swiss Franc with the goal above the level of 1.0165. USD/CHF Forecast Dollar Franc May 29, 2019 A test of the…
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 64.59. Moving averages indicate a bearish trend. As part of the forecast for the USD/RUB exchange rate, tomorrow we should expect an attempt to decline and a test of the support level near the 64.15 Ruble area per US Dollar. Then, the rebound and the continued growth of the currency pair in the region above the level of…
Bitcoin BTC/USD traded at 8707 and continue to move in the framework of strong growth and the beginning of the development of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $154 493 288 193. Moving averages indicate a bullish Bitcoin trend. As part of the cryptocurrency exchange rate forecast for May 29, 2019, we expect an attempt to develop a correction and a test of the support level near the area of 8405. Where again we expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target…
Ethereum ETH/USD traded at 266.47 and continues to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $28 710 840 833. Moving averages indicate the presence of a short-term bullish trend in Ethereum. At the moment, we should expect an attempt to reduce and test the upper limit of the «Triangle» model near area 255. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 315. Ethereum Forecast and ETH/USD Analysis May 29, 2019 An additional signal in favor of…
Litecoin LTC/USD are trading at 113.58 and continue to move in a strong growth and bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 116 269 553. Moving averages indicate a bullish trend on Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the area of 105.85. Where can we expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 130.65. Litecoin Forecast and LTC/USD Analysis May 29, 2019 In favor of growth in LTC/USD quotes, a test…
Ripple XRP/USD traded at 0.4237 and continue to move within the growth and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $18 043 131 014. Moving averages indicate the presence of a short-term bullish trend on Ripple. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.4105. Further, the continuation of cryptocurrency growth in the region above the level of 0.4655. Ripple Forecast and XRP/USD Analysis May 29, 2019 In favor of the growth of XRP/USD quotes, a test of the rising trend…
Bitcoin Cash BCH/USD are trading at 431.38 and continue to move as part of the growth and the ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 716 671 239. Moving averages indicate the presence of a short-term bullish trend for Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for May 29, 2019, we expect an attempt at a correction and a test of the support level near the 415.00 area. Where can we again expect a rebound and continued growth of Bitcoin Cash digital asset with a potential target above 490.00.…