Quotes of BRENT continue to move in the correction and the formation of a 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 upward trend in oil. At the moment, we should expect an attempt to continue growth and test the resistance level near the area of 72.85 dollars per barrel. Further, the continuation of the fall of the oil in the area below 67.45. BRENT Crude Oil Forecast and analysis May 1, 2019 In favor of the fall in quotations and prices…
Author: forex24pro
Currency pair US Dollar Canadian Dollar USD/CAD continues to move within the correction. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3445. Moving averages indicate the presence of a short-term upward trend for the pair. At the moment, we should expect an attempt to reduce the asset and a test of the support level near 1.3415. Further, the rebound and the continuation of the growth of the currency pair on Forex. The potential target of raising quotes is the area above the level of 1.3645. USD/CAD Forecast…
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 1284 Dollars per Troy Oz. At the moment, we should expect an attempt to continue the development of the correction and a test of the resistance level near the area of 1295. Where should we expect a rebound and the continuation of the fall in the price of GOLD with a target below the level of 1245. XAU/USD Forecast and GOLD analysis May 1, 2019 In favor of reducing the XAU/USD quotes, a test 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 14.96 Dollars. At the moment, we should expect an attempt to develop an upward correction and a test of the resistance level near the 15.05 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 14.35. XAG/USD Forecast Silver and Analysis May 1, 2019 In favor of reducing the XAG/USD quotes, a test of the downward trend…
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 publication of the forecast, the rate of the New Zealand Dollar to the US Dollar is 0.6672. At the moment, we should expect an attempt to continue the development of the upward correction and a test of the resistance level near 0.6745. 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 1, 2019 In favor of the…
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 1.0186. Moving averages indicate the presence of an upward trend in the pair. At the moment, we should expect an attempt of a downward correction and a test of the support area near the level of 1.0170. Then, continued growth of the US dollar against the Swiss Franc with a target above the level of 1.0325. USD/CHF Forecast…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the reduction and formation of the «Triangle» model. At the time of publication of the forecast, the exchange rate of the US Dollar to the Russian Ruble is 64.38. At the moment, we should expect an attempt to continue the decline and a test of the support level near the 64.20 Ruble area for the US Dollar. Then, the pair continues to grow to an area above 66.25. USD/RUB Forecast Russian Ruble May 1, 2019 The test of the support line on the relative strength index (RSI) will…
Bitcoin BTC/USD are trading at 5190 and continue to move as part of the decline and the bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $93 654 460 960. Moving averages indicate the presence of a bullish trend in Bitcoin. At the moment, we should expect an attempt of growth and a test of the resistance level near the area of 5395. Where again we should expect a rebound and an attempt to continue the fall of the Bitcoin rate with the goal below the level of 4075. Bitcoin Forecast and Analysis BTC/USD May…
Ethereum ETH/USD are trading at 155 and continue to move as part of the correction and the beginning of the «Triangle» model. Cryptocurrency capitalization at the time of the publication of the forecast is $16 905 916 318. Moving averages indicate a bullish trend in Ethereum. At the moment, we should expect an attempt of growth and a test of the resistance level near the area of 160. Where again we should expect a rebound and the continuation of the fall in the rate of Ethereum with a potential target below the level of 125. Ethereum Forecast and ETH/USD Analysis…
Litecoin LTC/USD are trading at 69.56 and continue to move as part of the correction and the bearish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $4 430 276 797. Moving averages indicate a downward trend in Litecoin. At the moment, we should expect an attempt to test the support level near the 74.05 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 81.75. Litecoin Forecast and LTC/USD Analysis May 1, 2019 In favor of the…