Currency pair Euro/Dollar EUR/USD continues to move within the framework of the correction and the formation of the «Triangle» model. Moving averages indicate a short-term bearish trend for the pair. At the time of the publication of the forecast, the euro/dollar rate is 1.1151. At the moment, we should expect an attempt to continue the correction and test the resistance level near the 1.1205 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 1.1035. EUR/USD Forecast Euro Dollar May 30,…
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.
Currency pair Pound/Dollar GBP/USD continues to move within the framework of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the pound to dollar rate is 1.2636. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.2685. Where again we should expect a rebound and the continuation of the fall of the pound against the dollar. The target of the downward movement of the currency pair, in the FOREX forecast for May 30, 2019,…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move in the framework of the fall 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 0.6919. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6935. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6780. AUD/USD Forecast Australian Dollar May 30, 2019 In favor of the fall of the…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the correction and the formation of the bullish «Wolfe Wave» model. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 109.31. Moving averages indicate a short-term bearish trend in the pair. As part of the forecast of the Japanese Yen rate for May 30, 2019, we should expect an attempt to fall and test the support area near the level of 108.70. Further, the rebound and continued growth of the pair…
Quotes of BRENT 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 BRENT oil is $ 66.80 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 68.20 dollars per barrel. Further, the continuation of the fall of the oil in the area below the level of 62.70. BRENT Crude Oil Forecast and analysis May 30, 2019 In favor of the fall in quotations…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the growth and start of the «Head and Shoulders» model. At the time of publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3506. 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 1.3475 area. Further, the rebound and the continuation of the growth of the currency pair on FOREX. The potential target of such…
GOLD continue to move as part of the correction and the formation of the descending «Head and Shoulders» model. At the time of the publication of the forecast, the price of GOLD is 1284 Dollars per Troy Oz. Moving averages indicate a short-term bearish 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 1245. XAU/USD Forecast and GOLD analysis May 30, 2019 In favor…
Silver continue to move within a strong correction and a bearish channel. At the time of the publication of the forecast, the price of silver is 14.47 dollars. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to continue asset correction and a test of 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 the goal below the level of 14.15. XAG/USD Forecast Silver and Analysis May 30, 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 in the upward correction and the bearish channel. Moving averages indicate a short-term downward trend in the pair. At the time of publication of the Forex forecast, the New Zealand Dollar/US Dollar rate is 0.6518. At the moment, we should expect an attempt to correct the pair and test the resistance level near the area of 0.6530. Further, as part of the Forex forecast, it is expected that the currency pair will continue to fall into the area below the level of 0.6365. NZD/USD Forecast…
Currency pair Dollar Franc USD/CHF continues to move within the correction and the ascending channel. At the time of publication of the FOREX forecast, the exchange rate of the US Dollar to the Swiss Franc is 1.0044. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt of a minor correction and a test of the support area near the level of 1.0020. Then, the rebound and continued growth of the US Dollar against the Swiss Franc with the goal above the level of 1.0245. USD/CHF Forecast Dollar Franc May 30, 2019…