Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the «Triangle» model. Uncertainty persists. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3426. 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 1.3415. Further, the rebound and the continuation of the growth of the currency pair on FOREX. The potential…
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.
GOLD continue to move in the fall. At the time of the publication of the forecast, the price of GOLD is 1275 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 goal below the level of 1245. XAU/USD Forecast and GOLD analysis May 22, 2019 In favor of reducing the XAU/USD quotes, a test of the downward trend line…
Silver continue to move as part of the decline and the beginning of the development of the «Triangle» model. At the time of the publication of the forecast, the price of Silver is $14.40. 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 14.45 area. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 13.95. XAG/USD Forecast Silver and Analysis May 22, 2019 In favor of raising the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the fall and the downward channel. At the time of publication of the FOREX forecast, the New Zealand Dollar/US Dollar rate is 0.6504. At the moment, we should expect an attempt to grow the pair and test the resistance level near 0.6545. 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 22, 2019 In favor of the fall of the…
Currency pair Dollar Franc USD/CHF continues to move within the correction and the bearish channel. At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 1.0092. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to correct and test the resistance area near the level of 1.0120. Then, a rebound and the continuation of the fall of the US dollar against the Swiss Franc with a target below 0.9985. USD/CHF Forecast Dollar Franc May 22, 2019 In favor of the fall…
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 64.49. Moving averages indicate a lateral trend. As part of the forecast for the USD/RUB exchange rate, tomorrow we should expect an attempt to decrease and test the support level near the 64.25 Ruble area per US Dollar. Then, the rebound and the continued growth of the currency pair in the region above the level of 66.00. USD/RUB…
Bitcoin BTC/USD traded at 7981 and continue to move as part of the growth and formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $140 466 107 952. Moving averages indicate the presence of an upward trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for tomorrow, May 22, 2019, we expect an attempt to develop a correction and a test of the support level near the 7515 area. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target…
Ethereum ETH/USD are trading at 252.54 and continue to move as part of the growth and formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $26 741 479 854. Moving averages indicate a short-term bullish trend in Ethereum. At the moment, we should expect an attempt to fall and a test of the support level near the area of 245. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 305. Ethereum Forecast and ETH/USD Analysis May 22, 2019 An…
Litecoin LTC/USD are trading at 90.60 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 $5 626 780 170. Moving averages indicate a bullish trend on Litecoin. At the moment, we should expect an attempt to decrease and test the support level near the 88.75 area. Where can we again expect a rebound and continued growth of the Litecoin rate with a potential goal above the level of 110.55. Litecoin Forecast and LTC/USD Analysis May 22, 2019 In favor of growth in LTC/USD quotes,…
Ripple XRP/USD are trading at 0.3975 and continue to move as part of the correction and the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $16 697 869 354. Moving averages indicate the presence of a short-term upward trend in Ripple. At the moment, we should expect an attempt to fall and a test of the support level near the area of 0.3825. Further, the continuation of cryptocurrency growth in the region above the level of 0.4735. Ripple Forecast and XRP/USD Analysis May 22, 2019 In favor of the growth of XRP/USD quotes, a…