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 $ 72.51 per barrel. Moving averages indicate a short-term bearish trend in oil. At the moment, we should expect an attempt to rise and test the resistance level near the area of 73.45 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 21, 2019 In favor of the…
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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 US Dollar Canadian Dollar USD/CAD 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 Canadian Dollar is 1.3435. 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 1.3395 area. Further, the rebound and the continuation of the growth of the currency pair on Forex. The potential target of such…
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 of growth and a test of the resistance level near the area of 1285. 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 21, 2019 In favor of reducing the XAU/USD quotes, a test of the downward…
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 $ 14.39. 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 14.55 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 21, 2019 In favor of raising…
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 0.6535. At the moment, we should expect an attempt to grow the pair and test the resistance level near the area of 0.6585. 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 0.6425. NZD/USD Forecast New Zealand Dollar May 21, 2019 In favor of the…
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 1.0092. 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 1.0125. Then, the rebound and the continuation of the fall of the US dollar against the Swiss Franc with a target below the level of 1.0040. USD/CHF Forecast Dollar Franc May 21, 2019 In favor…
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 64.51. 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 area above 66.65. USD/RUB Forecast Russian Ruble…
Bitcoin BTC/USD are traded at 7874 and continue to move within the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $139 733 573 451. Moving averages indicate the presence of a bullish trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for May 21, 2019, we should expect an attempt to develop a correction and a test of the support level near the region of 7350. Where should we again expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the 9250…
Ethereum ETH/USD are trading at 247.12 and continue to move within the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $26 371 464 228. Moving averages indicate a short-term bullish trend in Ethereum. At the moment, we should expect an attempt to fall and a test of the support level near area 220. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 315. Ethereum Forecast and ETH/USD Analysis May 21, 2019 An additional signal in favor of the growth…
Litecoin LTC/USD are trading at 90.19 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 $5 641 828 243. Moving averages indicate a bullish trend on Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the 85.55 area. Where can we expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 125.55. Litecoin Forecast and LTC/USD Analysis May 21, 2019 In favor of growth in…