Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move in the framework of the decline and the bearish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 110.63. Moving averages indicate a short-term downward trend in the pair. As part of the forecast of the Japanese Yen rate, we should expect an attempt to grow and test the resistance area near the 111.20 level. Further, the rebound and the continuation of the fall of the pair USD/JPY to the area below the…
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.
Quotes of BRENT continue to move within the correction and the downward channel. At the time of publication of the forecast, the price of BRENT oil is $ 70.36 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we should expect an attempt to grow and test the resistance level near the area of 71.75 dollars per barrel. Further, the continuation of the fall of the oil in the region below the level of 67.65. BRENT Crude Oil Forecast and analysis May 8, 2019 In favor of the fall in quotations and prices for oil…
Currency pair US Dollar Canadian Dollar USD/CAD 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 Canadian Dollar is 1.3467. Moving averages indicate the presence of a short-term bullish 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 1.3420. Further, the rebound and the continuation of the growth of the currency pair on Forex. A potential target of…
GOLD continue to move in the framework of the decline and the formation of the Triangle model. At the time of the publication of the forecast, the price of GOLD is 1278 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 1285. Where should we expect a rebound and the continuation of the fall in the price of Gold with the goal below 1255. XAU/USD Forecast and GOLD analysis May 8, 2019 In favor of reducing the XAU/USD quotes, a test of the trend…
Silver 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 Silver is 14.79 Dollars. At the moment, we should expect an attempt to grow the asset and test the resistance level near the 15.00 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 14.05. XAG/USD Forecast Silver and Analysis May 8, 2019 In favor of reducing the XAG/USD quotes, a test of the downward trend line on the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the decline and the bearish channel. At the time of publication of the Forex forecast, the New Zealand Dollar US Dollar rate is 0.6594. At the moment, we should expect an attempt to develop a correction and test the resistance level near the 0.6630 area. Further, the continuation of the fall of the currency pair at FOREX in the area below the level of 0.6505. NZD/USD Forecast New Zealand Dollar May 8, 2019 In favor of the fall of the pair NZD/USD…
Currency pair Dollar Franc USD/CHF continues to move within the framework of the correction and the formation of the «Triangle» model. At the time of publication of the FOREX forecast, the exchange rate of the US Dollar to the Swiss Franc is 1.0205. Moving averages indicate the presence of an upward trend in the pair. At the moment, we should expect an attempt to continue the fall and test the support area near the level of 1.0185. Then, the rebound and continued growth of the US Dollar against the Swiss Franc with the target above the level of 1.0315. USD/CHF…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move in line with the growth and the beginning of the Forex mining 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 65.00. 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 66.55. USD/RUB Forecast Russian Ruble May 8,…
Bitcoin BTC/USD are trading at 5891 and continue to move as part of the growth and the beginning of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $105 617 745 894. Moving averages indicate the presence of an upward trend in Bitcoin. As part of the cryptocurrency exchange rate forecast, we should expect an attempt to fall and a test of the support level near the area of 5745. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the area…
Ethereum ETH/USD are trading at 174 and continue to move through strong growth and an upward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $18 868 764 729. Moving averages indicate the presence of an upward trend in Ethereum. At the moment, we can expect an attempt to grow and test the resistance level near the area of 165. Where again we should expect a rebound and continued growth of the course Ethereum with a potential target above the level of 195. Ethereum Forecast and ETH/USD Analysis May 8, 2019 An additional signal in favor…