Currency pair Euro Dollar EUR/USD ends the trading week near the 1.1243 area. The pair continues to move within the decline and the downward channel. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.1275. Where is expected to rebound and the continuation of the fall of the euro dollar. The potential target of the decline is the area below 1.0815. EUR/USD Forecast and Analysis May 13 — 17, 2019 In favor of the fall of the EUR/USD currency pair at FOREX, a test…
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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.
BRENT crude oil complete the trading week near the region of 70.77 dollars per barrel. And it continues to move within the fall. Moving averages indicate an uptrend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 73.25. Then, the continuation of the fall of oil into the region below the level of 57.65 dollars per barrel. BRENT oil Forecast and Analysis May 13 — 17, 2019 An additional signal in favor of reducing the quotations of oil this week will be the test of the resistance line on the…
Currency pair Pound Dollar GBP/USD ends the trading week near the 1.3022 area. The pair continues to move within the framework of the correction and the formation of the «Head and Shoulders» model. Moving averages indicate a bearish trend. At present, we should expect an attempt to develop an upward correction and test the resistance area near the level of 1.3105. Further, the beginning of the decline in quotations of the Pound/Dollar to the area below the level of 1.2435. GBP/USD Forecast and Analysis May 13 — 17, 2019 In favor of the fall of the British Pound will test…
Currency pair US Dollar to Russian Ruble USD/RUB completes the trading week near the level of 65.16 Rubles for the US Dollar. The pair continues to move within the descending channel. Moving averages indicate a bullish. In the current trading week, 13 — 17, 2019, a decline is expected and a test of the support area near the level of 64.45. Where can we expect a rebound and continued growth of the dollar above the level of 68.15. USD/RUB Forecast and Analysis May 13 — 17, 2019 In favor of the growth of the pair Dollar/Ruble will be the test…
Currency pair Australian Dollar to US Dollar AUD/USD completes the trading week near the 0.7005 area. The pair continues to move within the framework of the correction and the formation of the «Triangle» model. Moving averages indicate a downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7075. Then the continuation of the fall of AUD / USD with a potential target below the level of 0.6705. AUD/USD Forecast and Analysis May 13 — 17, 2019 In favor of the fall of the pair on FOREX will test…
The pair Canadian Dollar to US Dollar USD/CAD completes the trading week near the level of 1.3383. The pair continues to move within the bullish channel. Moving averages indicate an uptrend. At the moment, we should expect an attempt to reduce and test the support level near 1.3295. Then, the growth of quotations with the goal above the level of 1.3955. USD/CAD Forecast and Analysis May 13 — 17, 2019 A test of the rising support line on the relative strength index (RSI) will be in favor of the USD/CAD rise. The second signal will be a rebound from the…
Quotes of the pair USD/JPY US Dollar to Japanese Yen complete the trading week near the area of 109.70. The pair continues to move within the descending channel. Moving averages indicate a lateral trend. At the moment, we should expect an attempt to grow and test the resistance level near the area of 110.65. Then rebound and the continuation of the fall of the pair in the area below 106.50. USD/JPY Forecast and Analysis May 13 — 17, 2019 In favor of the fall of the pair Dollar/Yen will test a downward trend line on the indicator of relative strength…
GOLD completes the trading week near the area of 1285. The XAU/USD quotes continue to move within the correction and the bullish channel. Moving averages indicate an uptrend. At the moment, we should expect an attempt to continue the correction and a test of the support level near the 1275 area. Further, the GOLD price will continue to rise with a potential target above the 1345 level. GOLD Price Forecast and Analysis May 13 — 17, 2019 In favor of the rise of quotations and prices for GOLD in the current trading week of May 13 — 17, 2019, a…
Quotes of the New Zealand Dollar to US Dollar NZD/USD complete the trading week near the 0.6607 area. Moving averages indicate a bearish trend. At the moment, we should expect an attempt to correct and test the resistance area near the level of 0.6750. Then, the currency pair will continue to fall with a potential target below the level of 0.6220. NZD/USD Forecast and Analysis May 13 — 17, 2019 In favor of the fall of the NZD/USD currency pair, a test of the downward trend line on the relative strength index (RSI) will come out. As well as a…
Currency pair USD/CHF Dollar/Franc completes the trading week near the level of 1.0119. The pair continues to move within the correction. Moving averages indicate a bullish trend. At the moment, we should expect an attempt to reduce and test the support area near the level of 1.0020. Further, the rebound and continued growth of the pair with the goal above the level of 1.0565. USD/CHF Forecast and Analysis May 13 — 17, 2019 In favor of the growth of the Dollar/Franc will make a test trend line on the indicator of relative strength index (RSI). The second signal will be…