GOLD continue to move in the framework of a decline and a downward channel. At the time of the publication of the forecast, the price of GOLD is 1272 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 1275. Where should we expect a rebound and the continuation of the fall in the price of Gold with a target below the level of 1255. XAU/USD Forecast and GOLD analysis May 3, 2019 In favor of reducing the XAU/USD quotes, a test of the trend…
Author: forex24pro
Silver continue to move in the framework of the fall and the downward channel. At the time of the publication of the forecast, the price of Silver is 14.67 Dollars. At the moment, we should expect an attempt to grow the asset and test the resistance level near the area of 14.95. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 14.85. XAG/USD Forecast Silver and Analysis May 3, 2019 In favor of reducing the XAG/USD quotes, a test of the downward trend line on…
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 0.6628. At the moment, we should expect an attempt to develop a correction and test the resistance level near the 0.6675 area. Further, the continuation of the fall of the currency pair on FOREX in the area below the level of 0.6495. NZD/USD Forecast New Zealand Dollar May 3, 2019 In favor of the fall of the pair…
Currency pair Dollar Franc USD/CHF continues to move as part of the correction and the beginning of the downward channel. At the time of publication of the Forex forecast, the exchange rate of the US Dollar to the Swiss Franc is 1.0189. Moving averages indicate the presence of a bullish trend in the pair. At the moment, we should expect an attempt to continue falling and test the support area near the level of 1.0155. Then, the continued growth of the US Dollar against the Swiss Franc with the target above the level of 1.0295. USD/CHF Forecast Dollar Franc May…
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 65.20. At the moment, we should expect an attempt to reduce and test the support level near the region of 64.75 Rubles for the US Dollar. Then, the pair continues to grow to an area above 66.75. USD/RUB Forecast Russian Ruble May 3, 2019 A test of the support line on the relative strength index…
Bitcoin BTC/USD are trading at the level of 5365 and continue to move as part of the formation of the «Head and Shoulders» reversal pattern. Cryptocurrency capitalization at the time of the publication of the forecast is $96 549 678 554. Moving averages indicate the presence of an upward trend in Bitcoin. At the moment, we should expect an attempt to grow and test the resistance level near the 5405 area, where the right shoulder of the model will be completed. Where can we expect a rebound again and an attempt to continue the fall of the Bitcoin rate with…
Ethereum ETH/USD are trading at 156 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 $17 064 615 613. Moving averages indicate the presence of an upward trend in Ethereum. At the moment, we should expect an attempt to grow and test the resistance level near the area of 160. Where again we should expect a rebound and the continuation of the fall of the Ethereum rate with a potential goal below the level of 130. Ethereum Forecast and ETH/USD Analysis May 3, 2019…
Litecoin LTC/USD traded at 71.95 and continue to move within the correction and the downward channel. Cryptocurrency capitalization at the time of the publication of the forecast is $4 547 983 980. Moving averages indicate the presence of an upward trend in Litecoin. At the moment, we should expect an attempt to test the support level near the 65.00 area. From where it is again necessary to expect a rebound and the continuation of the growth of the course Litecoin with a goal above the level of 85.00. Litecoin Forecast and LTC/USD Analysis May 3, 2019 The test of the…
Ripple XRP/USD are trading at 0.2974 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 $12 810 502 360. Moving averages indicate a downward trend in Ripple. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.2875. Further, the continuation of cryptocurrency growth in the region above the level of 0.3355. Ripple Forecast and XRP/USD Analysis May 3, 2019 In favor of the growth of XRP/USD quotes, there will be a test of the…
Bitcoin Cash BCH/USD are trading at 271 and continue to move within the correction and channel. Cryptocurrency capitalization at the time of the publication of the forecast is $4 931 713 652. Sliding averages indicate the presence of a short-term downward 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 area 255. Where again we should expect a rebound and continued growth of the Bitcoin Cash rate with a potential target above the level of 295. Bitcoin Cash Forecast and Analysis BCH/USD…