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 14.85 Dollars. At the moment, we should expect an attempt to grow the asset and test the resistance level near the 15.15 area. Where can we expect a rebound and the continuation of the fall in the price of Silver with the target below the level of 14.15. XAG/USD Forecast Silver and Analysis May 7, 2019 In favor of reducing the XAG/USD quotes, a test of the downward trend line on 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.
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 forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6612. At the moment, we should expect an attempt to develop a correction and test the resistance level near the 0.6655 area. Further, the continuation of the fall of the currency pair on Forex in the area below the level of 0.6485. NZD/USD Forecast New Zealand Dollar May 7, 2019 In favor of the fall of the pair…
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 rate of the US Dollar to the Swiss Franc is 1.0181. Moving averages indicate the presence of an upward trend in the pair. At the moment, we should expect an attempt to continue falling and test the support area near the level of 1.0165. USD/CHF Forecast Dollar Franc May 7, 2019 Then, the continued growth of the US Dollar against the Swiss Franc with a target above the level…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the growth and the beginning of the development 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 65.10. At the moment, we should expect an attempt to reduce and test the support level near the region of 64.65 Rubles per US Dollar. Then, the pair continues to grow to an area above 66.65. USD/RUB Forecast Russian Ruble May 7, 2019 A test of the support line on the relative strength index (RSI)…
Bitcoin BTC/USD are trading at 5624 and continue to move as part of the formation of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $100 756 369 902. Moving averages indicate a bitcoin uptrend. At the moment, we should expect an attempt of growth and a test of the support level near the area of 5525. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the area of 6100. Bitcoin Forecast and Analysis BTC/USD May 7, 2019 In favor of…
Ethereum ETH/USD are trading at the level of 160 and continue to move as part of the correction and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $17 402 772 547. Moving averages indicate an upward trend in Ethereum. At the moment, we should expect an attempt to grow and test the resistance level near the area of 155. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 175. Ethereum Forecast and ETH/USD Analysis May 7, 2019 An additional signal…
Litecoin LTC/USD are trading at 72.46 and continue to move as part of a decline and a bearish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $4 541 196 058. Moving averages indicate the presence of a bullish trend in Litecoin. At the moment, we should expect an attempt to test the support level near 70.50. From where it is again necessary to expect a rebound and the continuation of the growth of the Litecoin rate with the goal above the level 81.55. Litecoin Forecast and LTC/USD Analysis May 7, 2019 The test of the…
Ripple XRP/USD are trading at 0.2937 and continue to move as part of the correction and the downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $12 614 854 088. Moving averages indicate a bearish trend in Ripple. At the moment, we can expect an attempt to reduce and test the support level near the 0.2735 area. Further, the continuation of cryptocurrency growth in the region above the level of 0.3405. Ripple Forecast and XRP/USD Analysis May 7, 2019 In favor of the growth of XRP/USD quotes, a test of the rising trend line on…
Bitcoin Cash BCH/USD are trading at 281.78 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 $5 068 941 298. Moving averages indicate the presence of a short-term upward trend in Bitcoin Cash. As part of the cryptocurrency exchange rate forecast, we should expect an attempt to fall and a test of the support level near 270. Where again we should expect a rebound and continued growth of the Bitcoin Cash rate with a potential target above the level of 335.…
Currency pair Euro Dollar EUR/USD completes the trading week near the area 1.1157. The pair continues to move within the decline and the bearish channel. 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 1.1235. 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 the level of 1.0665. EUR/USD Forecast and Analysis May 6 — 10, 2019 In favor of the fall of the EUR/USD currency pair at FOREX,…