GOLD continue to move in the framework of strong growth. Rising prices could cancel the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the price of GOLD is 1313 Dollars per Troy Oz. Moving averages indicate a short-term bullish trend. At the moment, we should expect an attempt at correction and a test of the support level near the 1300 area. Where can we expect a rebound and continued growth in the price of GOLD with a goal above the level of 1325. XAU/USD Forecast and GOLD analysis June 4, 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 within the correction and the bearish channel. At the time of the publication of the forecast, prices for Silver amount to 14.63 Dollars. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to continue the correction of the asset and test the resistance level near the area of 14.70. Where can we expect a rebound and the continuation of the fall in the price of Silver with the goal below the level of 13.65. XAG/USD Forecast Silver and Analysis June 4, 2019 In favor of raising the XAG/USD quotes, a…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move in the upward correction and the downward channel. Moving averages indicate a short-term bearish trend for the pair. At the time of publication of the FOREX forecast, the New Zealand Dollar/US Dollar rate is 0.6554. At the moment, we should expect an attempt to continue the correction of the pair and the test of the resistance level near 0.6585. 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…
Currency pair Dollar Franc USD/CHF continues to move in the framework of the fall. At the time of publication of the Forex forecast, the exchange rate of the US Dollar to Swiss Franc is 0.9966. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.0015. Then, the rebound and the continuation of the fall of the US dollar against the Swiss Franc with a target below 0.9805. USD/CHF Forecast Dollar Franc June 4, 2019 In favor of raising the pair…
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 65.31. Moving averages indicate an uptrend. As part of the forecast for the USD/RUB exchange rate for tomorrow, June 4, 2019, we should expect an attempt to reduce and test the support level near the 64.75 Ruble area per US Dollar. Then, the rebound and the continued growth of the currency pair in the region above the level…
Bitcoin BTC/USD traded at 8447 and continue to move within the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $150 769 891 530. Moving averages indicate a bullish Bitcoin trend. As part of the cryptocurrency exchange rate forecast for tomorrow, June 4, 2019, we should expect an attempt to decline and a test of the support level near the 8235 region. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the 9750 region. Bitcoin Forecast and Analysis BTC/USD June…
Ethereum ETH/USD are trading at 258.93 and continue to move within the downward correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $27 953 235 278. Moving averages indicate a short-term bullish trend on 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 315. Ethereum Forecast and ETH/USD Analysis June 4, 2019 An additional signal in…
Litecoin LTC/USD traded at 110.75 and continue to move within the correction and the upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $6 962 098 984. 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 100.85. Where can we expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 135.55. Litecoin Forecast and LTC/USD Analysis June 4, 2019 In favor of the growth of LTC/USD quotes, the upward…
Ripple XRP/USD are trading at 0.4328 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 $18 643 687 869. Moving averages indicate a short-term bullish trend on Ripple. At the moment, we should expect an attempt to fall and a test of the support level near the area of 0.4185. Further, the continuation of cryptocurrency growth in the region above the level of 0.5065. Ripple Forecast and XRP/USD Analysis June 4, 2019 In favor of the growth of XRP/USD quotes, a…
Bitcoin Cash BCH/USD traded at 424.99 and continue to move in the framework of the downward correction and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $7 651 590 164. Sliding averages indicate the presence of a short-term bullish trend on Bitcoin Cash. As part of the cryptocurrency exchange rate forecast for June 4, 2019, we should expect an attempt to fall and a test of the support level near the area of 380.00. Where can we again expect a rebound and continued growth of Bitcoin Cash digital asset with a potential target…