Quotes of BRENT continue to move as part of a decline. At the time of the publication of the forecast, the price of BRENT oil is 68.85 dollars per barrel. Moving averages indicate a short-term upward trend in oil. At the moment, we should expect an attempt to rise and test the resistance level near the area of 70.15 dollars per barrel. Further, the continuation of the fall of the oil in the area below 65.35. BRENT Crude Oil Forecast and analysis May 24, 2019 In favor of the fall in quotations and prices for oil BRENT will perform a…
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 US Dollar Canadian Dollar USD/CAD continues to move within the side corridor. Uncertainty persists. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3465. Moving averages indicate a short-term downward trend in 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 1.3405. Further, the rebound and the continuation of the growth of the currency pair on Forex. The potential target of such a movement of quotes is an area above…
GOLD continue to move as part of the decline and formation of the «Head and Shoulders» downward pattern. At the time of the publication of the forecast, the price of GOLD is 1277 Dollars per Troy Oz. Moving averages indicate a short-term downward 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 goal below the level of 1250. XAU/USD Forecast and GOLD analysis May 24, 2019 In favor of…
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 14.47 Dollars. Moving averages indicate a short-term downward trend. At the moment, we should expect an attempt to grow the asset and test the resistance level near the 14.65 area. Where can we expect a rebound and the continuation of the fall in the price of Silver with a target below the level of 13.85. XAG/USD Forecast Silver and Analysis May 24, 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 within the fall and the downward channel. At the time of publication of the FOREX forecast, the New Zealand Dollar/US Dollar rate is 0.6490. At the moment, we should expect an attempt to grow the pair and test the resistance level near 0.6515. Further, as part of the Forex forecast, it is expected that the currency pair will continue to fall into the region below the level of 0.6410. NZD/USD Forecast New Zealand Dollar May 24, 2019 In favor of the fall of the pair…
Currency pair Dollar Franc USD/CHF continues to move within the correction and the downward channel. At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 1.0082. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to correct and test the resistance area near the level of 1.0095. Then, a rebound and the continuation of the fall of the US dollar against the Swiss Franc with a target below 0.9985. USD/CHF Forecast Dollar Franc May 24, 2019 In favor of the fall…
Currency pair US Dollar/Russian Ruble USD/RUB 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 Russian ruble is 64.65. Moving averages indicate a bearish trend. As part of the forecast for the USD/RUB exchange rate, tomorrow we should expect an attempt to decrease and test the support level near the 64.25 Ruble area for the US Dollar. Then, the rebound and the continued growth of the currency pair in the region above the level of 66.05.…
Bitcoin BTC/USD are trading at 7608 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 $135 010 370 079. Moving averages indicate a bullish Bitcoin trend. As part of the cryptocurrency exchange rate forecast for tomorrow, May 24, 2019, we expect an attempt to develop a correction and a test of the support level near the 7265 region. Where again we should expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the…
Ethereum ETH/USD traded at 235.73 and continue to move within the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $25 307 467 750. Moving averages indicate a short-term bullish trend in Ethereum. At the moment, we should expect an attempt to fall and test the lower boundary of the channel near the area of 235. Where again we should expect a rebound and continued growth of the course Ethereum with a potential target above the level of 305. Ethereum Forecast and ETH/USD Analysis May 24, 2019 An additional signal in favor of…
Litecoin LTC/USD are trading at 86.14 and continue to move as part of the correction and the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $5 353 801 589. Moving averages indicate a bullish trend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the 81.75 area. Where can we expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 105.55. Litecoin Forecast and LTC/USD Analysis May 24, 2019 In favor of growth in LTC/USD quotes, a…