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 109.63. Moving averages indicate a short-term downward 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 110.15. Further, the rebound and the continuation of the fall of the pair USD/JPY in the area below 107.45. USD/JPY Forecast Japanese Yen…
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.
Quotes of BRENT continue to move in the framework of the correction and the formation of the «Triangle» model. At the time of the publication of the forecast, the price of BRENT oil is $ 72.29 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 72.45 dollars per barrel. Further, the continuation of the fall of the oil in the area below the level of 67.85. BRENT Crude Oil Forecast and analysis May 17, 2019 In favor of the…
Currency pair US Dollar Canadian Dollar USD/CAD continues to move as part of the correction and the formation of the USD/CAD Forecast Canadian Dollar May 17, 2019 model. At the time of the publication of the forecast, the rate of the US Dollar to the Canadian Dollar is 1.3405. 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 1.3385 area. Further, the rebound and the continuation of the growth of the currency pair on Forex.…
GOLD continue to move within the correction. At the time of the publication of the forecast, the price of GOLD is 1294 Dollars per Troy Oz. Moving averages indicate a short-term uptrend. At the moment, we should expect an attempt to develop a correction and a test of the support level near the area of 1290. Where can we expect a rebound and continued growth in the price of Gold with the goal above the level of 1325. XAU/USD Forecast and GOLD analysis May 17, 2019 In favor of the growth of XAU/USD quotes, a test of the rising 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 14.78 Dollars. 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 15.00 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 17, 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 correction and the descending channel. At the time of publication of the Forex forecast, the New Zealand Dollar/US Dollar rate is 0.6572. At the moment, we should expect an attempt to grow the pair and test the resistance level near the area of 0.6590. Further, as part of the FOREX forecast, it is expected that the currency pair will continue to fall into the area below the level of 0.6475. NZD/USD Forecast New Zealand Dollar May 17, 2019 In favor of the fall…
Currency pair Dollar Franc USD/CHF continues to move within the correction and the ascending channel. At the time of publication of the Forex forecast, the rate of the US Dollar to the Swiss Franc is 1.0089. Moving averages indicate the presence of a short-term upward trend for the pair. At the moment, we should expect an attempt to fall and test the support area near the level of 1.0035. Then, a rebound and continued growth of the US dollar against the Swiss Franc with the goal above the level of 1.0225. USD/CHF Forecast Dollar Franc May 17, 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 64.41. Moving averages indicate an uptrend. As part of the forecast for the USD/RUB exchange rate, tomorrow we should expect an attempt to decline and a test of the support level near the 64.05 Ruble area per US Dollar. Then, the rebound and the continuation of the growth of the currency pair in the region above the level…
Bitcoin BTC/USD traded at 7891 and continue to move within the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $139 971 584 617. Moving averages indicate the presence of a bullish trend in Bitcoin. As part of the cryptocurrency exchange rate forecast for May 17, 2019, we expect an attempt to develop a correction and a test of the support level near the 7565 area. Where again we expect a rebound and an attempt to continue the growth of the Bitcoin rate with a target above the 8950 area. Bitcoin Forecast and…
Ethereum ETH/USD are trading at 249.46 and continue to move within the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $26 746 234 027. 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 225. Where again we should expect a rebound and continued growth of the Ethereum rate with a potential target above the level of 285. Ethereum Forecast and ETH/USD Analysis May 17, 2019 An additional signal in favor of the growth…