Quotes of BRENT continue to move in the framework of the correction and the formation of the «Triangle» model. At the time of publication of the forecast, the price of BRENT oil is $ 71.00 per barrel. Moving averages indicate a short-term downward trend in oil. At the moment, we can expect an attempt to grow and test the resistance level near the area of 71.45 dollars per barrel. Further, the continuation of the fall of the oil in the area below 66.65. BRENT Crude Oil Forecast and analysis May 16, 2019 In favor of the fall in quotations and…
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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 rate of the US Dollar to the Canadian Dollar is 1.3479. 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 1.3430 area. Further, the rebound and the continuation of the growth of the currency pair on Forex. The potential target of such a…
GOLD continue to move within the growth and the rising channel. At the time of the publication of the forecast, the price of Gold is 1297 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 should we expect a rebound and continued growth in the price of GOLD with a target above the level of 1340. XAU/USD Forecast and GOLD analysis May 16, 2019 In favor of the growth of XAU/USD quotes, a test…
Silver continue to move as part of the decline and the formation of the «Triangle» model. At the time of the publication of the forecast, the price of Silver is 14.76 Dollars. At the moment, we should expect an attempt to grow the asset and test the resistance level near the area of 14.80. Where can we expect a rebound and the continuation of the fall in the price of Silver with the goal below 14.25. XAG/USD Forecast Silver and Analysis May 16, 2019 In favor of raising the XAG/USD quotes, a test of the downward trend line on the…
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD ccontinue to move within the fall and the downward channel. Volatility remains low. At the time of publication of the Forex forecast, the New Zealand Dollar/US Dollar rate is 0.6553. 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 16, 2019 In…
Currency pair Dollar Franc USD/CHF continues to move within the correction and the bullish channel. At the time of publication of the FOREX forecast, the rate of the US Dollar to the Swiss Franc is 1.0078. 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 1.0025. Then, a rebound and continued growth of the US Dollar against the Swiss Franc with the target above the level of 1.0225. USD/CHF Forecast Dollar Franc May 16, 2019 In favor…
Currency pair US Dollar/Russian Ruble USD/RUB continues to move as part of the correction and the bullish channel. At the time of the publication of the forecast, the exchange rate of the US Dollar to the Russian ruble is 64.73. Moving averages indicate an uptrend. 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 64.65 Ruble area per US dollar. Then, the rebound and the continued growth of the currency pair in the region above the level of 66.95. USD/RUB Forecast Russian Ruble May…
Bitcoin BTC/USD are traded at 8036 and continue to move within the growth and bullish channel. Cryptocurrency capitalization at the time of the publication of the forecast is $140 831 596 793. Moving averages indicate a bitcoin uptrend. As part of the cryptocurrency exchange rate forecast for tomorrow, May 16, 2019, we should expect an attempt to develop a downward correction and a support level test near the 7750 area. Where can we expect a rebound again and an attempt to continue the growth of the Bitcoin rate with a target above the 8950 area. Bitcoin Forecast and Analysis BTC/USD…
Ethereum ETH/USD traded at 231.55 and continue to move within the growth and ascending channel. Cryptocurrency capitalization at the time of the publication of the forecast is $24 312 691 406. Moving averages indicate a short-term uptrend 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 275. Ethereum Forecast and ETH/USD Analysis May 16, 2019 An additional signal in favor of the growth of ETH/USD…
Litecoin LTC/USD traded at 92.35 and continue to move as part of growth. Cryptocurrency capitalization at the time of the publication of the forecast is $5 677 817 490. Moving averages indicate a bullish trend in Litecoin. At the moment, we should expect an attempt to reduce and test the support level near the 85.55 area. Where can we again expect a rebound and continued growth of the Litecoin rate with a potential target above the level of 115.55. Litecoin Forecast and LTC/USD Analysis May 16, 2019 In favor of growth in LTC/USD quotes, a test of an uptrend trend…