Currency pair Euro/Dollar EUR/USD continues to move as part of the correction and the downward channel. Moving averages indicate a short-term bearish trend in the pair. At the time of the publication of the forecast, the euro/dollar rate is 1.1197. At the moment, we should expect an attempt to continue growth and test the resistance level near the 1.1215 area. Further, the rebound and the continuation of the decline in the currency pair Euro/Dollar. A potential goal of such a movement is the area below the level of 1.1025. EUR/USD Forecast Euro Dollar May 28, 2019 The downward resistance test…
Author: forex24pro
Currency pair Pound/Dollar GBP/USD continues to move in the framework of the fall and the downward channel. At the time of the publication of the forecast, the pound to the US dollar is 1.2706. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.2755. Where again we should expect a rebound and the continuation of the fall of the pound against the dollar. The aim of the downward movement of the currency pair, in the FOREX forecast for May 28, 2019, is the…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the upward correction and the downward channel. Moving averages indicate a short-term bearish trend. At the time of the publication of the forecast, the Australian Dollar to US Dollar rate is 0.6922. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6955. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6775. AUD/USD Forecast Australian Dollar May 28, 2019 In favor of the fall of…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of a bullish «Wolfe Wave» pattern. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.48. Moving averages indicate a short-term bearish trend in the pair. As part of the forecast of the Japanese Yen rate, we should expect an attempt to fall and test the support area near the level of 108.75. Further, the rebound and continued growth of the pair USD/JPY to the area…
Quotes of BRENT continue to move as part of a decline. At the time of the publication of the forecast, the price of BRENT oil is 67.49 dollars per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we should expect an attempt to rise and test the resistance level near the area of 69.95 dollars per barrel. Further, the continuation of the fall of the oil in the area below 63.05. BRENT Crude Oil Forecast and analysis May 28, 2019 In favor of the fall in quotations and prices for oil BRENT will perform a…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the formation of an inverted «Head and Shoulders» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3465. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to reduce the asset and a test of the support level near the 1.3395 area. Further, the rebound and the continuation of the growth of the currency pair on Forex. The potential target of such a movement of…
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 1286 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 1250. XAU/USD Forecast and GOLD analysis May 28, 2019 In favor of…
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 14.57 Dollars. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to grow the asset and test the resistance level near the 14.65 area. Where can we expect a rebound and the continuation of the fall in the price of Silver with the target below the level of 14.05. XAG/USD Forecast Silver and Analysis May 28, 2019 In favor of raising the XAG/USD quotes, a test…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction and the descending channel. At the time of publication of the FOREX forecast, the New Zealand Dollar/US Dollar rate is 0.6546. At the moment, we should expect an attempt to grow the pair and test the resistance level near 0.6615. Further, in the framework of the Forex forecast, it is expected that the currency pair will continue to fall into the region below the level of 0.6365. NZD/USD Forecast New Zealand Dollar May 28, 2019 In favor of the fall of the…
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 1.0052. Moving averages indicate a short-term bearish trend in the pair. At the moment, we should expect an attempt to correct and test the support area near the level of 1.0035. Then, the rebound and continued growth of the US Dollar against the Swiss Franc with the goal above the level of 1.0205. USD/CHF Forecast Dollar Franc May 28, 2019 A test of the…