Currency pair Euro/Dollar EUR/USD continues to move in the upward correction. Moving averages indicate the presence of a medium-term downward trend for the pair. At the time of the publication of the forecast, the euro/dollar rate is 1.1232. At the moment, we should expect an attempt to continue growth and test the resistance level near the 1.1265 area. Further, the rebound and the continuation of the decline in the currency pair Euro/Dollar. The potential goal of such a movement is the area below the level 1.1135. EUR/USD Forecast Euro Dollar May 2, 2019 The test of the resistance line on…
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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 in an upward correction. At the time of the publication of the forecast, the pound to dollar rate is 1.3067. Moving averages indicate an uptrend. At the moment, we should expect an attempt to fall and test the support area near the level of 1.3015. Where once again we can expect a rebound and continued growth of the pound against the dollar. The target of the upward movement of the currency pair, in the framework of the FOREX forecast for May 2, 2019, is the area at the level of 1.3175. GBP/USD Forecast…
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction and the downward channel. Moving averages indicate a short-term downward trend. At the time of the publication of the forecast, the Australian Dollar to the US Dollar is 0.7048. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.7070. Further, the rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6965. AUD/USD Forecast Australian Dollar May 2, 2019 In favor of the fall of the pair AUD/USD will…
Quotes of the currency pair US Dollar to Japanese Yen USD/JPY continue to move as part of the fall. The pair left the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 111.30. Moving averages indicate a short-term downward trend in the pair. At the moment, we should expect an attempt to grow and test the resistance area near the level of 111.55. Further, the rebound and the continuation of the fall of the pair USD/JPY in the area below 110.50. USD/JPY Forecast Japanese Yen May…
Quotes of BRENT continue to move as part of the correction and the formation of the «Head and Shoulders» reversal pattern. At the time of the publication of the forecast, the price of BRENT oil is $ 72.12 per barrel. Moving averages indicate a short-term sideways trend in oil. At the moment, we should expect an attempt to continue growth and test the resistance level near the area of 72.75 dollars per barrel. Further, the continuation of the fall of the oil in the area below the level of 67.50. BRENT Crude Oil Forecast and analysis May 2, 2019 In…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of a strong correction. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3395. Moving averages indicate the presence of a short-term upward trend for the pair. The quotes test the moving averages area, which is a strong support area. At the moment, we should expect an attempt to reduce the asset and a test of the support level near the area of 1.3375. Further, the rebound and the continuation of the growth of the currency…
GOLD continue to move within the correction and the downward channel. At the time of the publication of the forecast, the price of Gold is 1281 Dollars per Troy Oz. At the moment, we should expect an attempt to continue the development of the correction and test the resistance level near the area of 1290. Where should we expect a rebound and the continuation of the fall in the price of Gold with a target below the level of 1260. XAU/USD Forecast and GOLD analysis May 2, 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 14.86 Dollars. Fall risks still persist. At the moment, we should expect an attempt to develop an upward correction and a test of the resistance level near the 14.95 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 2, 2019 In favor of reducing the XAG/USD quotes, a test…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move within the correction and the descending channel. At the time of the publication of the forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6655. At the moment, we should expect an attempt to continue the development of the correction and a test of the resistance level near 0.6685. Further, the continuation of the fall of the currency pair on Forex in the area below the level of 0.6545. NZD/USD Forecast New Zealand Dollar May 2, 2019 In favor of the…
Currency pair Dollar Franc USD/CHF continues to move as part of the fall and the beginning of the Forex mining of the «Triangle» model. At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 1.0159. Moving averages indicate the presence of an upward trend in the pair. At the moment, we should expect an attempt to continue growth and test the resistance area near the level of 1.0175. Then, the continuation of the fall of the US Dollar against the Swiss Franc with a target below the level of 1.0025.…