Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the framework of a slight growth and the formation of the «Triangle» model. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3482. 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 1.3445. Further, the rebound and the continuation of the growth of the currency pair on FOREX. The potential target…
Author: forex24pro
GOLD continue to move in the framework of a decline and a bearish channel. At the time of the publication of the forecast, the price of GOLD is 1281 Dollars per Troy Oz. At the moment, we should expect an attempt to develop a correction and test the resistance level near the area of 1282. Where should we expect a rebound and the continuation of the fall in the price of Gold with a target below the level of 1245. XAU/USD Forecast and GOLD analysis May 10, 2019 In favor of reducing the XAU/USD quotes, a test of the trend…
Silver continue to move as part of the decline and the formation of an inverted «Head and Shoulders» model. At the time of the publication of the forecast, the price of Silver is $ 14.71. At the moment, we can expect an attempt to falling asset and test support levels near 14.65 area. Where should we expect a rebound and continued growth in the price of Silver with the goal above the level of 15.25. XAG/USD Forecast Silver and Analysis May 10, 2019 In favor of raising the XAG/USD quotes, a test of the rising trend line on the relative…
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 0.6573. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.6620. Further, the continuation of the fall of the currency pair on Forex in the area below the level of 0.6465. NZD/USD Forecast New Zealand Dollar May 10, 2019 In favor of the fall of the pair NZD/USD will rebound from the…
Currency pair Dollar Franc USD/CHF continues to move within the correction. At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 1.0181. Moving averages indicate the presence of a bullish trend in the pair. At the moment, we should expect an attempt to continue the decline and test the support area near the level of 1.0125. Then, a rebound and continued growth of the US Dollar against the Swiss Franc with the goal above the level of 1.0335. USD/CHF Forecast Dollar Franc May 10, 2019 In favor of the growth…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and development of the «Triangle» Forex model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 64.97. As part of the USD/RUB forecast, we should expect an attempt to decline and a test of 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 of 66.50. USD/RUB Forecast Russian Ruble May 10, 2019 A test of…
Bitcoin BTC/USD are trading at 6027 and continue to move as part of the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $106 953 056 032. Moving averages indicate a bitcoin uptrend. As part of the cryptocurrency exchange rate forecast for tomorrow, we should expect an attempt to fall and a test of the support level near the 5865 area. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the 6465 area. Bitcoin Forecast and Analysis BTC/USD May 10,…
Ethereum ETH/USD are trading at 166 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 $17 937 542 895. Moving averages indicate the presence of a short-term upward trend in Ethereum. At the moment, we should expect an attempt to fall and a test of the support level near the area of 160. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 185. Ethereum Forecast and ETH/USD Analysis May 10, 2019…
Litecoin LTC/USD traded at 72.49 and continue to move within the framework of the correction and the model «Triangle». Cryptocurrency capitalization at the time of the publication of the forecast is $4 534 807 260. Moving averages indicate the bullish trend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the area of 71.45. Where can we again expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 83.55. Litecoin Forecast and LTC/USD Analysis May 10, 2019 In favor of growth in LTC/USD…
Ripple XRP/USD traded at 0.2925 and continue to move in the framework of the decline and the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $12 578 594 572. Moving averages indicate a short-term downward trend in Ripple. At the moment, we should expect an attempt to grow and test the resistance level near the area of 0.3030. Further, the continuation of the decline of cryptocurrency in the region below the level of 0.2525. Ripple Forecast and XRP/USD Analysis May 10, 2019 In favor of falling XRP/USD quotes, a test of…