Currency pair Pound/Dollar GBP/USD continues to move in the framework of the fall and the bearish channel. At the time of the publication of the forecast, the pound to dollar rate is 1.2690. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to grow and test the resistance area near the level of 1.2805. Where again we should expect a rebound and the continuation of the fall of the pound against the dollar. The target of the downward movement of the currency pair, in the framework of the FOREX forecast for May 22, 2019,…
Author: forex24pro
Currency pair Australian Dollar to US Dollar AUD/USD continues to move within the correction and the bearish channel. Moving averages indicate a short-term downward trend. At the time of the publication of the forecast, the Australian Dollar to US dollar rate is 0.6915. At the moment, we should expect an attempt to grow and test the resistance area near the level of 0.6950. Further, a rebound from the resistance level and the continuation of the fall of quotations to the area below 0.6790. AUD/USD Forecast Australian Dollar May 22, 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. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Japanese Yen is 110.15. Moving averages indicate a short-term bearish trend in the pair. As part of the forecast of the Japanese Yen rate, we should expect an attempt to rise and test the resistance area near the level of 110.65. Further, the rebound and the continuation of the fall of the pair USD/JPY in the area below 107.95. USD/JPY Forecast Japanese Yen…
Quotes of BRENT continue to move in the framework of a strong correction and the formation of the downward wave «Wolfe Wave». At the time of the publication of the forecast, the price of BRENT oil is $ 71.97 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we should expect an attempt to rise and test the resistance level near the area of 73.35 dollars per barrel. Further, the continuation of the fall of the oil in the area below the level of 67.15. BRENT Crude Oil Forecast and analysis May 22, 2019 In…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the «Triangle» model. Uncertainty persists. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Canadian Dollar is 1.3426. 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 the area of 1.3415. Further, the rebound and the continuation of the growth of the currency pair on FOREX. The potential…
GOLD continue to move in the fall. At the time of the publication of the forecast, the price of GOLD is 1275 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 1245. XAU/USD Forecast and GOLD analysis May 22, 2019 In favor of reducing the XAU/USD quotes, a test of the downward trend line…
Silver continue to move as part of the decline and the beginning of the development of the «Triangle» model. At the time of the publication of the forecast, the price of Silver is $14.40. Moving averages indicate a short-term bearish trend. At the moment, we should expect an attempt to grow the asset and test the resistance level near the 14.45 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 13.95. XAG/USD Forecast Silver and Analysis May 22, 2019 In favor of raising the…
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 0.6504. At the moment, we should expect an attempt to grow the pair and test the resistance level near 0.6545. Further, in the framework of the Forex forecast, it is expected that the currency pair will continue to fall into the region below the level of 0.6365. NZD/USD Forecast New Zealand Dollar May 22, 2019 In favor of the fall of the…
Currency pair Dollar Franc USD/CHF continues to move within the correction and the bearish channel. At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 1.0092. 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 1.0120. 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 22, 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 64.49. Moving averages indicate a lateral 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 per US Dollar. Then, the rebound and the continued growth of the currency pair in the region above the level of 66.00. USD/RUB…